How much money does Hydropower cost?

Answer 1

The cost of hydropower can vary significantly based on factors such as location, project size, and technology used. On average, the levelized cost of hydropower ranges from $30 to $60 per megawatt-hour (MWh). Initial capital costs for building a hydropower plant can be high, typically ranging from $3,000 to $5,000 per installed kilowatt, but operational costs are generally low, making it a competitive renewable energy source over time.