Alternative Profits Blog

Hydro-kinetic Energy - Opportunities, Trends and Challenges

Hydrokinetic technologies produce renewable electricity by harnessing the kinetic energy of a body of water. Hydrokinetic technologies are usually of the run-of-the-river kind, unlike traditional hydro-electric technology that requires the water to be stored.

Market Need

Need for a method of deriving energy from water that does not require construction of large dams.

Trends

• Estimates suggest that the amount of energy that could feasibly be captured from U.S. waves, tides and river currents is enough to power over 67 million homes.
• While (river) stream-based hydrokinetic energy research is not as evolved as its wave energy counterpart, initial estimates expect these water resources could fulfill electricity needs for an additional 23 million typical homes in US
• Based on current project proposals, experts predict that USA could be producing 13,000 MW of power from hydrokinetic energy by 2025



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