Conversely , the most prominent restraint on the hydro-pumped storage plants market , according to the report , is the requirement of large bodies of water wherever these plants are set up . Additionally , not all locations are ideal for the height variation that is required between two reservoirs for the proper functioning of hydro-pumped storage plants . However , the report finds that the requirement of height variations can be easily overcome via manmade alterations to the topography , which results in a desired size and height measurement . As the pressure mounts on electrical grids globally to cater to the ever-growing demand for energy , the demand for ancillary services is increasing .
Global Hydro-pumped Storage Plants Market : Region-wise Outlook
The earliest development of hydro-pumped storage plants occurred in the central European region , especially in the U . K ., Austria , Italy , and Switzerland . As a result , Europe served as the most prominent market for these energy storage plants in 2012 , followed by Asia Pacific and North America . The report rates Japan as a significant market for hydro-pumped storage in Asia Pacific region while the U . S . accounted for over 95 % of the installed pumped storage hydro generating capacity in 2012 , with Canada occupying the remaining . Africa is rated as a relatively nascent market but a few countries in these regions are showing promising potential for the future .
Companies Mentioned in the Research Report
Some of the prominent players in the global market for hydro-pumped storage plants are Alstom , First Hydro , Exelon , Voith , and J-Power . To present a thorough evaluation of the competitive landscape , the report provides vital details of these players such as production , capacity , price , cost , gross , and segmented revenue .
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