small hydropower market ppt

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Small Hydropower Market (Growth, Trends & Forecast) 2016 – 2024


Small Hydropower Market size expected gains at over 2.5% CAGR up to 2024.

Growing environmental consciousness and reducing dependency on conventional resources are projected to foster global small hydropower market size growth.

Global small hydropower market size is forecast to reach 146.33 GW by 2024, growing at 2.7% CAGR up to 2024.

Asia dominated the global electricity consumption accounted at over 40% of the total demand in 2015. Availability of potential sites coupled with presence of skilled labor is forecast to favor China and India small hydropower market growth.

Vietnam small hydropower market is set to gain at over 6.5% CAGR up to 2024. Dense rivers with more than 2000 streams & rivers with length of over 9 km are the favorable natural assets to build SHP plant.

Africa small hydropower market share is forecast to grow at 3.9% CAGR up to 2024. The country owns immense untapped hydropower potential but government does not have enough capital to build plant itself. Foreign investment is among the key initiative to enhance industry growth.

Global Market Scenario of Small Hydropower Plant

https://www.gminsights.com/industry-analysis/small-hydropower-market


U.S. dominated the North America small hydropower market size, with installed capacity of 6.98 GW in 2015. Regulatory compliances by FERC to encourage renewable energy production accompanied by need to supply electricity in non-grid connectivity areas should positively influence market growth.

To build a SHP plant it is essential to have an available & sustainable water stream within few hundred feet from the energy consumers.

Line stability, high lighting intensity, load shedding, inadequate equipment to compatible with old infrastructure may hinder small hydropower industry evolution. Another challenge is the existing substation, where the plant can be interconnected owing to houses and buildings are built nearby with no provisions was made for expansion.

Schemes Types

Run of River Schemes Integrated in Existing Water Infrastructure

Hydropower generation relies on water flow and head to generate energy, SHPP can be installed in any system where these factors are available. It includes streams, rivers, water network where pipes supply water flow to head.

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Brazil small hydropower market size, 2014-2024 (MW)

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Regional Analysis

Rising need to supply electricity in remote areas accompanied by growing environmental consciousness are expected trend to fuel regional demand.

Asia Pacific dominated the regional industry with more than 80 GW installed capacity in 2014. China, India, and Japan small hydropower market size were the major contributors.

North America, with dominant Canada and U.S. small hydropower market size, is set to grow at more than 2.5% CAGR up to 2024.

Competitive Market Share

Global small hydropower market share is competitive and mainly influenced by government regulations & energy targets. Key industry participants include Voith, Andritz Hydro and GE, Siemens. Other prominent companies include Agder Energi, 24H - Hydro Power, Lanco, Derwent, StatKraft, RusHydro, and Fortum Oyj.

360° Analysis


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small hydropower market ppt

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