The market for run of river plants has high prospects of development. In North America run of river projects are expected to perform well due to its high dependency on hydropower in renewable sector. Europe is expected to see gradual development of such market due to its high concern for the environment and less availability the most economically attractive sites. But it is also been seen as an important source of energy security among other energy sources to meet for Europe’ s future energy requirement. So development but on limited levels are expected in the forecasted period. China in Asia Pacific is the largest producer of hydropower in the world. Other major countries expected to contribute to renewables through hydropower are India, Australia, Japan, Thailand, Indonesia, and the Philippines. Hence the run of power projects can be beneficial in Asia Pacific too. Brazil is the second largest hydropower producer in the world. Thus the rest of the world provides a high scope of run of river market development
Market segmentation in run off power projects is dependent upon the water- head availability in the river. A run of river with pondage is the one where low head is available throughout the year. A pondage is a storage facility to store the water and can be utilized during dry seasons when water head is very low. In meeting the peak power demands of consumers this stored water can be used. Another type of such power plant is a run of river without a pondage. Due to enough head availability of the water in the river throughout the year. No storage is required as water availability is enough to produce the required power.
Some of the key players in the run off the power market are China Yangtze Power Co. Ltd., Duke Energy, Ontario Power Generation, and Stat Kraft AS.
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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include