I am wondering if anyone could tell me if windows hibernation mode exist in windows 8.1 as I cannot find anything related to it.

If it does exist how do you enable it? If not, is there something else that we can enable that would perform the same function?

It does exists and Microsoft made a sexy video about it

Here you go:http://windows.microsoft.com/en-CA/windows-8/how-shut-down-turn-off-pc

I tried to enable it after watching the video and it is not listed as an option.

When I go to power management and enable it, I do not see Hibernate as an option.

Is it available for windows 8.1 Pro? Could a windows update that may have been pushed down to his PC remove this option?

Well you could start a CMD and do the following this will force a hibernate. Shutdown -h

Try this

You'll need to access your system's power settings, which you can do any number of ways. My preferred method: press Win-W (that's the Windows key and the letter w) to bring up the Settings Search menu, then type power.

2. Click Change what the power buttons do.

3. Click Change settings that are currently unavailable.

4. Scroll down to the bottom of that window to find the "Shutdown settings" section.

5. Click the box next to Hibernate to enable the option.

6. Click Save changes.

Another procedure here: http://www.redmondpie.com/enable-windows-8-hibernate-mode-option-how-to-tutorial/

If you still can`t configure it read this 

If sleep or hibernate aren't available, it might be for one or more of the following reasons:

• Your video card might not support sleep. Update the driver for your video card, or check the information that came with your computer about your video card and supported drivers. For more information, see Update drivers: recommended links.

• Some settings are managed by your system administrator. For more information, see Why won't Windows allow me to change a system setting?

• Sleep and other power-saving states are turned off in your computer's basic input/output system (BIOS). To turn on sleep, restart your computer, and then enter the BIOS setup. As your computer starts, instructions typically appear on the screen that indicate which key or keyboard shortcut you must press to enter the BIOS setup process. Because not all computer manufacturers use the same BIOS, different keys are assigned for this purpose. To learn more, check the information that came with your computer or go to the manufacturers website.

• If the hibernate option is missing, you might have hybrid sleep turned on.

Hello bubba1984,

Step 1: In your system tray, click the battery icon and select More power options from the panel that pops up.

More-options

Step 2: In the power options window, select either Choose what closing the lid does or Choose what the power button does from the left panel.

Step 3: In the next window, click the blue text that says Change settings that are currently unavailable

Unavailable-options

Step 4: At the bottom of the windows, a new set of options will become available. Check the box next to Hibernate and click Save changes.

If there is still no option, you can turn on/off hibernation by cmd:

powercfg /hibernate on