Abstract: An electrical power generation system includes a waterwheel contained within a housing enclosure above a water collection compartment, a water discharge nozzle in alignment with said waterwheel, means for delivering water to said discharge nozzle including a pump for returning water from the collection compartment, a portion of the output of the waterwheel being used to drive the pump, wherein the waterwheel includes fin elements having inclined water entrapping flange portions and is supported by means of an adjustable support to maintain the waterwheel dynamically balanced and in alignment with the discharge nozzle.