How much money does Hydropower cost?

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.