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