Press release
Hydropower Market Overall Study Report 2020 | Players BC Hydro, Hydro-Quebec, Rus Hydro, China Yangtze Power, Agder Energi AS, Duke Energy
SMI declares that it adds an in-depth analysis report called the Global Hydropower Market 2020 to its large repository. The report provides a comprehensive analysis of the Hydropower market size, growth, share, segments, manufacturers, and technologies, key trends, standardization, deployment models, future roadmap and upto 2027 forecast. The report helps players identify opportunities in the global market and gives updates related to various segments of the market for 2020 to 2027 timeframe. The report presents forecasts for market revenue, consumption, production, and growth drivers of the market. The report analyzes important financial conditions such as costs, stocks, price structure, and profits in terms of key regions.Hydropower or water power is power derived from the energy of falling or fast-running water. Hydropower plants can generate power to the grid immediately, they provide essential back-up power during major electricity outages or disruptions. There are four broad hydropower typologies: run-of-river hydropower, storage hydropower, pumped-storage hydropower, and offshore hydropower.
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Increasing investment in hydropower is expected to propel growth of the global hydropower market over the forecast period. For instance, in July 2020, China Gezhouba, a construction and engineering company based in China, reportedly signed a US$ 1.5 billion agreement to build a 700.7MW hydropower plant in Pakistan-administered Kashmir (PaK).
Moreover, increasing number of hydropower and transmission line projects is also expected to aid in growth of the market. For instance, in July 2020, Multiconsult was awarded consultancy contracts by Tanzania Electric Supply Company Limited (TANESCO) for two new hydropower and transmission line projects that could double the total installed hydropower capacity in Tanzania.
Government initiatives to promote hydropower is expected to propel growth of the global hydropower market. For instance, in June 2020, Democratic members of the House of Representatives, U.S., released H.R. 2, the Moving Forward Act, which aims to encourage investment in infrastructure and includes several provisions on hydropower and dam safety and the Hydropower Clean Energy Future Act, which includes updates to the licensing process for non-federal hydroelectric projects and promotes innovation of new generation technologies.
However, increasing number of hydropower plants may threaten biodiversity, which is expected to hinder growth of the global hydropower market.
The novel coronavirus pandemic has led to several challenges in the global hydropower market. For instance, in May 2020, BC Hydro announced that an unprecedented drop in power demand due to COVID-19 is forcing the company to take action to avoid potential flooding risks and impacts on the environment and its infrastructure over the year.
Major players in the market are focused on adopting partnership strategies to enhance their market share. For instance, in August 2020, Enel Green Power SpA secured a power purchase agreement to supply a total of 1.26 TWh of hydropower in Guatemala over ten years.
Key Takeaways:
• Increasing investment in hydropower to augment growth of the global hydropower market over the forecast period
• Major players in the market are focused on offering bill relief during the Covid-19 pandemic. For instance, in April 2020, BC Hydro announced that small business customers that have closed as a result of COVID-19 can apply to have their electricity costs waived for up to three months.
• Major players operating in the global hydropower market include, BC Hydro, Hydro-Quebec, Rus Hydro, China Yangtze Power, Agder Energi AS, and Duke Energy
Report Structure:
The report presents the company profile, product specifications, capacity, production value, and 2014-2020 industry shares for key vendors. This study highlights data and analysis of the Hydropower market and its segments based on technology, geography, and applications. The report estimates the 2020-2027 industry development trends of the industry. Additionally, key participants’ innovations, new developments, marketing strategies, branding technologies, and products that exist in the global market are mentioned in the report. The market size department gives industry earnings, covering the historical growth of this and predicting the long run. Drivers and restraints with the variables affecting the growth of this market are covered in this report.
Major Points Covered In The Report:
The things which are discussed in the report are the leading market players with raw material suppliers, equipment suppliers, clients, traders, vendors, etc. The profile of these businesses is cited, with the capability, production, price, revenue, cost, gross income profit, gross margin, sales volume, sales revenue, growth market rate, export, distribution, plans, and also the technological advancements are also included. The report offers exclusive graphics and illustrative SWOT analysis of Hydropower market segments. The analytical tools such as SWOT analysis, feasibility study, and Porter’s five forces analysis have been anticipated to assess the growth of the key players functioning in the market.
The Key Manufacturers covered in this Report:-
* BC Hydro
* Hydro-Quebec
* Rus Hydro
* China Yangtze Power
* Agder Energi AS
* Duke Energy
• ...
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By the Product Type, the market is primarily segmented into:
* Product Type I
* Product Type II
* Product Type III
By Applications, the market is segmented into:
* Application I
* Application II
* Application III
Geographically, this report is segmented into several key Countries, with market size and growth rate of Hydropower in these countries, which covering:
* Europe (Germany, UK, France, Italy, Spain, Russia, Others)
* North America (United States, Canada, Mexico)
* Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Others)
* Asia-Pacific (China, Japan, South Korea, Australia, India, Southeast Asia, Others)
* South America (Brazil, Argentina, Columbia, Chile, Others)
Global Hydropower Market Report includes Detailed TOC points:
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Hydropower Market
2 Market Segmentation
3 Market Overview
3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players
4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Hydropower Market, By Type
8 Global Hydropower Market, by Application
9 Global Hydropower Market, By Deployment
10 Global Hydropower Market, By End User
11 Global Hydropower Market, By Distribution Channel
12 Global Hydropower Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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