I definitely think that Hydro power is great, very clean and with a high energy return. It's much cheaper over the long term as well. However, hydro power projects need very specific sites, which is for me unimaginable living in the big city. I would have to move back to my grandma who has strong rip small river right in her backyard. Great and educational post though!
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Perhaps it would be a nice project to reduce your grandma's power bill, then.