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Hydro energy’s potential may be overlooked because; it is “old” renewable energy, or because like nuclear energy, some hydro electric schemes have been criticized by environmental groups, but most importantly a perception by many, that most hydro electric potential in North America has already been exploited. Hydro electricity deserves more scrutiny because; 1) North America has significant undeveloped potential, 2) the technology is well understood, although technical improvements continue to be made, especially for low head and small hydro, 3) hydro has a very high energy return on energy investment (ERoEI), 4) additional hydro can enable more wind and solar energy capacity to be absorbed by the grid, 5) hydro potential is more geographically dispersed than wind and solar, and finally, 6) the cost of developing additional hydro capacity is moderately low and has very low technical and financial risk.

Ballooning gasoline prices aren’t just changing how people drive—they may soon change where people live. With gas stuck above $3.00 a gallon, those cheaper houses in the suburbs can be a money-losing proposition in the end.