Title: PPT for Latest update on Run of River (ROR) Power Market, 2017 - 2024
1Run of River (ROR) Power Market Share, Outlook
Forecast 2017-2024
Run of River Power Market Size, Industry Analysis
Report, Regional Outlook, Application
Development, Price Trend, Competitive Market
Share Forecast, 2017-2024
2Global Market Scenario of Run of River (ROR)
Power
- Global Run Of River (ROR) Power Market size is
predicted to witness a significant growth during
the forecast period. - Most of the provincial utilities see the ROR
systems as the finest option for providing clean
power to isolated, small communities thereby
replacing inefficient and polluting diesel
electric generators. - In a comparison of some common power generation
technologies by the Ontario Power Authority, the
run of river power was found to have the lowest
environmental impact. - Increasing concern towards reduction of carbon
footprints with an aim to achieve environmental
protection will positively influence the run of
river power market. - The ROR facilities are touted as being
environment friendly as they do not require dams
for flooding large areas of land unlike large
hydroelectric dams. - These power plants do not emit greenhouse gases
unlike fossils fuel plants, thereby reducing the
harmful environmental impacts.
3- Product Analysis-
- The run of river power market is segmented on the
basis of water-head availability into run of
river with pondage and without pondage. The run
of river with pondage is used during low head
availability throughout the year. The pondage is
used as storage facility for storing the water
and utilizing it during dry seasons for meeting
the peak power demands by customers when water
head is very low. The run of river power plant
without a pondage is used when there is enough
availability of water for producing required
power throughout the year. - Regional Trends-
- North America is anticipated to dominate the run
of river power market during the forecast period
with large potential sites for development of
such projects. The run of river power market
projects are likely to perform exceptionally well
owing to high dependency on hydropower and
increasing adoption of renewable energy
technologies. Canada has already tapped its large
hydropower generation capacity and has found a
niche in replacing polluting diesel generators. - Thus, with these ongoing developments, it is
evident for run of river power market to gain
more popularity in the coming future. Europe is
anticipated to offer possible growth
opportunities due to increasing environmental
concerns. However, restricted availability of
economically attractive sites limits the
development of run of river power market to a
certain extent.
4- Competitive Trends
- Notable players in the run of river power market
are Innergex Renewable Energy, Ontario Power
Generation, Duke Energy, China Yangtze Power, and
Statkraft AS. The leading players have adopted
several strategies such as collaborations,
mergers acquisitions for increasing their
global industry share.
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