Asia-Pacific Region to Lead the Global Hydro Power Market

Popular Articles has announced the addition of Global Markets Direct's new report "Asia – Pacific Hydro Power Market Analysis and Forecasts to 2013" to their offering

Asia – Pacific Hydro Power Market Analysis and Forecasts to 2013” provides detailed analysis and forecasts of the Asia-Pacific Hydro Power industry. The report highlights the significant growth observed by the Asia-Pacific Hydro power market during the period 2001-08. The cumulative installed capacity of the region augmented from 205,422 MW in 2001 to 295,764 MW in 2008, growing at a CAGR of 5.35%. The report also encompasses the growth scenario of the leading hydropower generating nations in the Asia-Pacific Region. The countrywide analysis of the key hydro power nations covers historical and forecast statistics relating to the installed hydro power capacities, market structure and regulatory policies that govern the industry. It facilitates the identification of the key growth drivers that have led to the stupendous development of the major hydro power countries in the Asia-Pacific Region. The news and deals portfolio provided in the report helps an investor to gauge the market scenario of the leading hydro power nations and accordingly direct their investment.

The Asia-Pacific region leads the global hydro power market with a total installed capacity of 295,764 MW by the end of 2008. The region has witnessed tremendous growth in the hydro electric sector over the years, principally because of strong growth in the leading hydro power nations such as China, Japan, India and Australia. These countries are cited as the most attractive destination for hydropower generation principally because of the abundant water resources. Among the leading nations, China and India has vast untapped hydro resources. This gives a positive indication of the growth of the region in the next few years. It is expected that cumulative hydro installed capacity will grow at a CAGR of 6.92% during the period 2009-13 to reach the figure of 434,388 MW by the end of 2013.

China to be an Undisputed World Hydropower Leader in the Future Years

China is an undisputed leader in the hydropower sector with total cumulative capacity of 146 GW at the end of 2008. The country has immense growth potential in the hydroelectric sector. Given that the country is dependent on fossil fuels at present for meeting the majority of its electricity needs, a shift towards renewable power sources has become mandatory. As a result, China is making efforts to exploit the vast available hydro power potential in the country. Three Gorges dam; the world’s largest hydropower dam is under construction in the country. The first and the second phase of the dam have already been accomplished while the third phase is expected to be executed by the end of 2009. In addition, to the three gorges dam, there are other small hydro power plants which also contribute to the hydropower capacity of the nation. This will lead to significant hydroelectric capacity additions in the future period. Considering massive hydro power capacity additions in the coming years, China hydro power market is expected to reach around 250 GW by the end of 2013.

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