A megawatt-grade hydroelectric generation simulation system comprises a first 10-kV busbar, an input switch cabinet, a high-voltage frequency converter, an output switch cabinet, a variable-frequency speed regulating asynchronous motor, a torque and rotational speed sensor TN, a synchronous motor, an excitation cabinet, an excitation transformer cabinet, a grid-connected switch cabinet and an operating table. The first 10-kV busbar is sequentially connected with the input switch cabinet, the high-voltage frequency converter, the output switch cabinet, the variable-frequency speed regulating asynchronous motor, the torque and rotational speed sensor TN, the synchronous motor and the grid-connected switch cabinet; the high-voltage frequency converter is further connected with the grid-connected switch cabinet, the excitation transformer cabinet, the excitation cabinet, the torque and rotational speed sensor TN and the operating table; the operating table is further connected with the grid-connected switch cabinet. The megawatt-grade hydroelectric generation simulation system is high in automation degree and expandability, simulates the running characteristics of a hydroelectric generating set through software control and also can be used for simulating the running characteristics of the other electric generation forms such as a gas turbine and a diesel generator through software extension.