The World Market for Pumped-Storage Power Plants (Analyst version)

DUBLIN, September 23, 2013 /PRNewswire/ --

Research and Markets
(http://www.researchandmarkets.com/research/c673kg/the_world_market) has announced the addition of the "The World Market for Pumped-Storage Power Plants (Analyst version)" report to their offering.

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The World Market for Pumped-Storage Power Plants (Analyst version)

In the next ten years to come, the worldwide market for pumped-storage power plants will grow stronger than ever before. More than 100 new plants with an installed capacity of about 74 Gigawatts will be developed by 2020 - which is around 50 per cent of the plants existing today and adds up to an investment volume of about 56 billion euros. When also considering the upcoming maintenance measures, the investment volume will even increase to over 73 billion euros.

The main reasons for the emerging boom are the globally increasing share of renewable energies of the total electricity production as well as the construction of new coal and nuclear power plants especially in Asian countries. New pumped-storage power plants will be constructed for the intermediate storage of electricity from these fossil power plants and for the fluctuating generation particularly of wind and solar power.

Asia is the largest growth market. Above all, the market will be characterised by what is happening in China - the country alone will account for about a third of the global market volume. Further strong markets can be found in Europe and the USA where the development of renewable energies will be the main market factor. Due to the comparatively old age of the American and, in some cases, European plants, maintenance measures will play an ever stronger role there.

In light of this development, ecoprog GmbH has analysed the worldwide market for pumped-storage power plants in detail. We have not only included our own market knowledge in this study but also the expertise of public authorities, associations, operators and plant manufacturing companies.

This detailed research and up-to-date analysis of numbers, facts, estimations and trends of the worldwide market for pumped-storage power plants is of interest for manufacturers, suppliers, operators, disposal companies, business associations, research institutes and consultants.

The analyst version of The World Market for Pumped-Storage Power Plants 2013/2014 includes:

- A detailed analysis of the essential political, economic, managerial and technical trends for the construction and operation of pumped-storage power plants

- A precise description of the present and the future market volumes by countries, up to and including 2020, based on a transparent and comprehensible methodology

- An overview on more than 250 new construction projects, more than 30 of which are already under construction and over 200 of which are currently being planned or discussed. They have a total installed capacity of more than 170 GW

- An analysis and description of the most important operators and plant manufacturers of pumped-storage power plants

For more information visit http://www.researchandmarkets.com/research/c673kg/the_world_market.

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SOURCE Research and Markets