LONDON--(BUSINESS WIRE)--Infiniti Research, a world reknown market intelligence solutions provider, has announced the completion of their latest list blog on the top benefits of hydroelectric power. Hydroelectricity has been at the forefront of power generation for more than a hundred years now. However, its use has evolved over time and it is now the biggest source of renewable energy - contributing to about one fifth of the entire world’s electricity. To help companies looking to invest in this market, Infiniti has listed some of the benefits that hydropower has over other methods of providing energy.
Hydroelectric power was initially used to power sawmills, domestic power lifts, and to perform mechanical tasks like grinding grains. However, at present, hydropower is being used for agricultural activities, industrial uses in hushing, and powering water clocks.
According to the energy industry experts at Infiniti, “The demand and consumption of hydroelectric power are always rising as it’s a clean fuel source and also one of the cheapest forms of energy available today.”
View the complete list of the top hydroelectric power benefits from Infiniti
Infiniti Research is a global market intelligence company presenting market insights to help look beyond market disruptions, studying competitive activity, and developing intelligent business strategies. Listed below are the top hydroelectric power benefits.
Top hydroelectric power benefits
- Economic source of energy: The popularity of hydroelectricity has been increasing since the total cost of operation and maintenance is negligible. Also, as they do not have to be purified, most energy suppliers prefer hydroelectric power.
- Renewable and clean resource: Hydroelectricity only derives the energy from moving water and converts it into electricity. The water powering the turbine is then released back into the water stream. This is an essential benefit of hydroelectric power
- Eco-friendly: Hydroelectric power is ecofriendly as it accounts for a lower chunk of the total emissions as compared to coal and fossil fuel. Additionally, it does not contain any toxic by-product that would harm the environment.
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Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.
With 15+ years of experience and offices across three continents, Infiniti Research has been instrumental in providing a complete range of competitive intelligence, strategy, and research services for over 550 companies across the globe.