Free List Of Top 10 Hydropower Companies

Hydropower, a renewable energy source, is a crucial pillar in the US energy landscape. As the nation continues to prioritize sustainability, the role of hydropower companies becomes increasingly essential. This article aims to provide an extensive overview of the top 10 hydropower companies in the US, highlighting their sector, year founded, annual revenue, and a brief description of their operations.

The Growing Importance of Hydropower

Hydropower, also known as water power, is the largest source of renewable electricity in the United States, generating about 7% of the country’s total electricity. This clean, reliable, and affordable energy source involves harnessing the power of water to produce electricity, making it an attractive option for both consumers and businesses. As the demand for sustainable energy solutions continues to rise, hydropower companies are playing a pivotal role in meeting the nation’s energy needs while reducing environmental impact.

Top 10 Hydropower Companies in the US

1. Duke Energy Corporation

– Sector: Energy

– Year Founded: 1904

– Annual Revenue: $24.1 billion (2020)

– Description: Duke Energy is a leading energy company that operates a diverse portfolio of natural gas, oil, and hydropower assets across the US. The company’s hydropower facilities contribute significantly to its renewable energy efforts.

– Link: [Duke Energy Corporation](https://www.duke-energy.com/)

2. NextEra Energy, Inc.

– Sector: Energy

– Year Founded: 1925

– Annual Revenue: $17.2 billion (2020)

– Description: NextEra Energy is a prominent clean energy company with a robust hydropower segment. The company’s commitment to sustainability and innovation positions it as a key player in the hydropower industry.

– Link: [NextEra Energy, Inc.](https://www.nexteraenergy.com/)

3. American Electric Power Company, Inc.

– Sector: Energy

– Year Founded: 1906

– Annual Revenue: $15.8 billion (2020)

– Description: American Electric Power is a major player in the hydropower sector, operating numerous hydroelectric facilities that contribute to its renewable energy initiatives and commitment to environmental stewardship.

– Link: [American Electric Power Company, Inc.](https://www.aep.com/)

4. Xcel Energy Inc.

– Sector: Energy

– Year Founded: 1909

– Annual Revenue: $11.7 billion (2020)

– Description: Xcel Energy is a leading provider of clean energy solutions, including a significant hydropower portfolio. The company’s dedication to renewable energy underscores its position as an influential hydropower player.

– Link: [Xcel Energy Inc.](https://www.xcelenergy.com/)

5. Southern Company

– Sector: Energy

– Year Founded: 1945

– Annual Revenue: $23 billion (2020)

– Description: Southern Company is committed to sustainability and renewable energy, with a focus on hydropower generation. The company’s hydropower assets contribute to its overall clean energy strategy.

– Link: [Southern Company](https://www.southerncompany.com/)

6. PPL Corporation

– Sector: Energy

– Year Founded: 1920

– Annual Revenue: $7.7 billion (2020)

– Description: PPL Corporation has a strong presence in the hydropower sector, leveraging its extensive experience to drive sustainable energy solutions through hydropower generation.

– Link: [PPL Corporation](https://www.pplweb.com/)

7. FirstEnergy Corp.

– Sector: Energy

– Year Founded: 1997

– Annual Revenue: $11.1 billion (2020)

– Description: FirstEnergy Corp. is actively involved in hydropower generation, contributing to the company’s efforts in renewable energy expansion and environmental responsibility.

– Link: [FirstEnergy Corp.](https://www.firstenergycorp.com/)

8. NV Energy, Inc.

– Sector: Energy

– Year Founded: 1906

– Annual Revenue: $4.1 billion (2020)

– Description: NV Energy operates various hydropower facilities, aligning with the company’s goal of advancing clean and sustainable energy solutions across its service areas.

– Link: [NV Energy, Inc.](https://www.nvenergy.com/)

9. Avangrid, Inc.

– Sector: Energy

– Year Founded: 2008

– Annual Revenue: $6.9 billion (2020)

– Description: Avangrid is dedicated to renewable energy, including hydropower generation, as part of its broader commitment to environmental stewardship and clean energy development.

– Link: [Avangrid, Inc.](https://www.avangrid.com/)

10. Idaho Power Company

– Sector: Energy

– Year Founded: 1916

– Annual Revenue: $1.7 billion (2020)

– Description: Idaho Power Company has a strong hydropower presence, with a focus on leveraging water resources to generate sustainable and reliable electricity for its customers.

– Link: [Idaho Power Company](https://www.idahopower.com/)

Closing considerations

Hydropower companies in the US are at the forefront of driving sustainable energy initiatives, with a specific focus on harnessing the power of water to generate clean electricity. As the demand for renewable energy continues to grow, these companies play a crucial role in meeting the nation’s energy needs while prioritizing environmental responsibility and long-term sustainability.