Hydropower Industry Review - Optimistic 2017 Outlook
​In 1H2017, the electricity market witnessed consumption growth overwhelming system capacity growth. Meanwhile, the hydrological condition seems to favor hydropower plants with amount of rainfall being notably higher than multiyear average level. Compared to the situation in 1H2016, which was heavily influenced by El Nino, the above movements in 1H2017 would promise to deliver strong bounce in business result of hydropower companies.
When it comes to the second half, the most recent forecasts has dramatically reduced the risk of El Nino’s return in 2017, brightening the outlook of hydropower industry in 2H2017. However, 2H2017 business result would not have further surprise like in the first half.
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