Pumped Hydro Storage Market Growth Revenue By Key Players: Voith Hydro, EDF, Absaroka, Genex, Toshiba, Schluchseewerk AG, Dongfang Electric, Snowdonia, SinoHydro, Eskom, Enel, Northland Power, J-Power

Market Overview: -

According to latest study by Global Market Insights, Inc., Pumped Hydro Storage Market size will exceed USD 350 billion by 2024. Favorable regulatory framework pertaining to the upgradation and expansion of electrical infrastructure coupled with growing adoption of sustainable energy will drive the pumped hydro storage market size. Lack of efficient monitoring system and frequent supply outages across the developing economies will further stimulate the product demand. The China National Energy Administration in 2017 declared a funding of USD 326.4 billion toward the expansion of renewable electrical network by 2020.

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Top Key Players:

Key industry players in pumped hydro storage market includes Voith Hydro, EDF, Absaroka, Genex, Toshiba, Schluchseewerk AG, Dongfang Electric, Snowdonia, SinoHydro, Eskom, Enel, Northland Power and J-Power.

Market share calculation in this report is not done based on companies covered in it. The calculation of pumped hydro storage market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countriess can be provided.

Regional Segmentations: -

U.S. pumped hydro storage market size will grow owing to upgradation and refurbishment of existing grid infrastructure along with rising adoption of advanced grid support system. Integration of clean energy technologies and expansion of micro grid networks will further embellish the product landscape. China under its sovereign wealth fund has proposed an investment of USD 800 billion across the U.S. infrastructure sector.

Japan pumped hydro storage market size is set to exceed 30 GW by 2024. Growing concerns toward energy security along with increasing investments toward deployment of grid network will propel the product landscape. Upsurge across the integration of renewable energy technologies will further stimulate the business outlook. The Japan Ministry of Economy, have announced investments worth USD 700 million in line with the integration of sustainable energy storage technology across the country.

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Partial Chapter of the Table of Content

Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates & forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Pumped hydro storage market 3600synopsis, 2014 – 2024
2.1.1 Business trends
2.1.2 System trends
2.1.3 Regional trends
Chapter 3 Pumped Hydro Storage Market Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 – 2024 (USD Billion)
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.4.1 Voith
3.4.2 Genex Power
3.4.3 General Electric
3.4.4 Toshiba
3.4.5 Nevada Hydro
3.5 Regulatory landscape
3.5.1 U.S.
3.5.1.1 Hydropower Regulatory Efficiency Act
3.5.1.2 Federal Energy Regulatory Commission (FERC)
3.5.1.3 National Hydropower Association (NHA)
3.5.1.4 Federal Power Act (FPA) (1935)
3.5.1.5 National Environmental Policy Act (NEPA) (1970)
3.5.1.6 Clean Water Act (CWA) (1972)
3.5.1.7 Coastal Zone Management Act (CZMA) (1972)
3.5.1.8 Rivers and Harbors Act (1899)
3.5.1.9 HR 267: The Hydropower Regulatory Efficiency Act (2013)
3.5.2 Europe
3.5.2.1 Horizon 2020 Program
3.5.2.2 Climate policies
3.5.3 UK
3.5.3.1 Energy Act 2008
3.5.3.2 Climate Change Act, 2008
3.5.4 China
3.5.4.1 Renewable Energy Law
3.5.4.2 Laws on Domestic Dam Building
3.5.4.3 International Hydropower Association
3.5.4.3.1 Emission Trading Scheme
3.5.4.3.2 Green bonds
3.5.5 Japan
3.5.5.1 Regulatory reforms in Electricity
3.5.5.2 Renewable Portfolio Standard, 2003
3.6 Existing pumped hydro storage project across Australia & New Zealand
3.7 Announced & upcoming projects across Australia & New Zealand
3.7.1 Announced projects
3.7.2 Upcoming projects
3.8 Potential sites across Australia & New Zealand
3.9 Price trend analysis
3.10 Industry impact forces
3.10.1 Growth drivers.
3.10.1.1 North America
3.10.1.1.1 Growing demand for sustainable energy mix
3.10.1.1.2 Increasing demand for energy storage
3.10.1.2 Europe
3.10.1.2.1 Favorable government policies
3.10.1.2.2 Stringent government regulations against emissions
3.10.1.3 Asia Pacific
3.10.1.3.1 Increasing concerns toward security of supply
3.10.1.3.2 Upsurge in electricity demand
3.10.1.3.3 Ongoing renewable energy integration reforms
3.10.1.4 Rest of world
3.10.1.4.1 Growing adoption of sustainable energy mix
3.10.2 Industry pitfall & challenge
3.10.2.1 High capital cost
3.11 Major pumped hydro storage outlook
3.11.1 Operational
3.11.2 Announced
3.12 Growth potential analysis
3.13 Porter’s Analysis
3.14 Competitive landscape, 2017
3.14.1 Strategy dashboard
3.14.1.1 Voith Hydro
3.14.1.2 Toshiba
3.14.1.3 Enel
3.14.1.4 J POWER
3.14.1.5 Genex Power Limited
3.15 PESTEL Analysis

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Growing energy consumption along with ongoing investments toward modernization of electric grid infrastructure will embellish the South Korea pumped hydro storage market. Favorable government initiatives pertaining to sustainable energy mix will further stimulate the industry outlook. In 2017, The South Korea government has approved a plan to invest USD 1.67 billion toward development of renewable energy in the country.

Ongoing expansion of micro-grid networks favored by rapid development of distributed generation technology will propel the pumped hydro storage market size. Growing concerns toward reduction of carbon footprint along with upgradation and expansion of existing PHS system to enhance the operational flexibility will propel the business outlook. In 2016, the Government of Canada pledged to reduce emissions by 80% below 2005 levels until 2050.

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