“…Even though hydroelectricity is already well established, it also faces multiple challenges: the conflict between hydroelectric power production on one side and landscape and environmental protection on the other has intensified (Abazaj, Moen, & Ruud, ; Wolsink, ), and new technologies become more and more relevant (Fouquet, ; Gaudard & Romerio, ). Additional factors such as the public acceptance of infrastructure projects or the economic profitability hinder a quick expansion of hydroelectric energy (Dermont, Ingold, Kammermann, & Stadelmann‐Steffen, ; Wüstenhagen, Wolsink, & Bürer, ). In order to overcome such issues, governments use policy instruments to promote hydroelectricity (Lodge & Wegrich, ).…”