Third annual "Ear to the River" survey unveils insights into US hydroelectric industry's Future
13 March 2024
In a bid to shed light on the future trajectory of the hydroelectric industry, the National Hydropower Association (NHA), the Ontario Waterpower Association (OWA), the Hydropower Foundation, and Kleinschmidt Associates have revealed the findings of the third annual "Ear to the River" survey. Launched in 2021, this initiative aims to provide crucial insights into the challenges and opportunities anticipated by owners of hydroelectric facilities and professionals in the hydro and broader renewable energy sectors over the next few years.
The survey results are intended to help shape industry strategies, inform stakeholders, and bolster advocacy efforts for policies supporting a clean energy future.
“The Ear to the River survey serves as a vital tool in understanding the pulse of the North American hydroelectric industry,” said Marla Barnes, Vice President of Member and Industry Engagement at the National Hydropower Association. “It provides valuable insights into the key challenges and opportunities we face. The data from this survey informs industry stakeholders and plays a crucial role in advocating for policies that support a clean energy future.”
“ Each year, the annual Ear to River survey provides the OWA with valuable information and insights regarding the key opportunities and challenges facing the waterpower industry. The report will continue to both guide and support our advocacy efforts in the future,” added Janelle Bates, Director of Communications and Member Relations at the Ontario Waterpower Association.
One of the central findings of the 2023 survey is the persistent challenge of workforce shortage, with 56% of respondents identifying it as the most pressing issue for the hydro industry in the next 3-5 years. Tim Oakes, Business Sector Leader at Kleinschmidt, emphasized the need for greater promotion of hydropower as a career choice. “The 2023 survey results show that workforce remains the most pressing challenge for the industry and that we’re not doing enough to promote hydropower as an excellent career choice,” he said.
Despite workforce challenges, the survey revealed that nearly 80% of respondents expressed satisfaction with working in the waterpower industry. However, there's a significant gap in promoting hydro as a career, with less than 30% of respondents entering the industry out of interest in waterpower.
On the front of equity, diversity, and inclusion (EDI) initiatives, progress is noted. While the 2022 survey indicated low participation in EDI, the 2023 results showed improvement, with approximately 80% of NHA respondents and 87% of OWA respondents reporting having EDI policies in place.
Looking ahead, the survey predicts a surge in pumped storage projects, with almost 80% of respondents anticipating projects larger than 500 MW in the next decade. However, hurdles such as high capital costs and regulatory challenges loom large.
Regarding dam safety, the industry expects a shift towards more advanced inspection methods, with over 60% anticipating the use of drones and robots in detailed inspections within the next 3-5 years.
In terms of investment, the survey indicates a positive outlook, with over 30% of US asset owners planning significant spending on refurbishments and upgrades in the next five years. The release of grant funding is anticipated to stimulate further investment, with grants identified as the most important government programs for capital investments by over 70% of respondents.
The "Ear to the River" survey team welcomes feedback and collaboration from industry peers as they prepare for the 2024 edition, aiming to ensure the survey remains a valuable resource for the hydropower community.
For further details and to access the full report, visit https://info.eartotheriver.com/ear-to-river/.
