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Pumped Hydro Storage Market, By Type (Open-Loop, Closed-Loop), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Publisher Coherent Market Insights
Published Nov 01, 2022
Length 169 Pages
SKU # CMI17549971

Description

Pumped Hydro Storage Market, By Type (Open-Loop, Closed-Loop), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Pumped hydro storage (PHS) is an energy storage method that uses water to store energy. This process uses a reservoir, well, or rock formation to store water. When surplus electricity is generated, the pumped water is channeled over a turbine, generating electricity. This process is closed-loop and has the potential to store massive amounts of energy. Pumped hydro storage is a great way to store excess electricity and use it during times when demand is high. It is particularly useful in areas where the availability of peaker plants is limited. These plants are designed to operate during times of high demand, but are increasingly used to fill the gaps in the grid when intermittent renewable generation is insufficient.

Market Dynamics:

The pumped hydro storage market is growing in terms of revenue and installation in various geographies. Its key growth drivers include the availability of abundant natural resources, ease of construction, and power generation. Additionally, the rise in renewable energy generation and the increasing need for grid network load management are again contributing to the industry's growth. The industry's rapid growth is also supported by the emergence of newer technologies and ongoing R&D activities.

On the other hand, environmental and social impact of PHS projects is projected to hinder the market growth.

Key features of the study:
  • This report provides in-depth analysis of the global pumped hydro storage market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global pumped hydro storage market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Operators(Duke Energy Corporation, EON SE, Enel SPA, and Electricite de France SA, and Iberdrola SA) Technology Providers(General Electric Company, Siemens AG, Andritz AG, Mitsubishi Heavy Industries, Ltd, Voith GmbH & Co. KGaA, and Ansaldo Energia SpA)
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global pumped hydro storage market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pumped hydro storage market
Detailed Segmentation:
  • Global Pumped Hydro Storage Market, By Type:
  • Open-Loop
  • Closed-Loop
  • Global Pumped Hydro Storage Market, Geography:
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa
  • Company Profiles:
  • Operators
Duke Energy Corporation

EON SE

Enel SPA

Electricite de France SA (EDF)

Iberdrola SA
  • Technology Providers
General Electric Company

Siemens AG

Andritz AG

Mitsubishi Heavy Industries, Ltd

Voith GmbH & Co. KGaA

Ansaldo Energia SpA

Table of Contents

169 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Type
Market Snapshot, By Geography
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing adoption of renewable energy sources
Restraints
Growing competition from alternatives
Opportunities
Development of novel PSH technologies
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Pumped Hydro Storage Market– Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Pumped Hydro Storage Market, By Type, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Open-Loop
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Closed-Loop
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
6. Global Pumped Hydro Storage Market, By Region, 2017-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2022 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2017–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
Rest of World
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
7. Competitive Landscape
Duke Energy Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
EON SE
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Enel SPA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
General Electric Company
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Siemens AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Andritz AG
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Mitsubishi Heavy Industries, Ltd
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Voith GmbH & Co. KGaA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Ansaldo Energia SpA
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Electricite de France SA (EDF)
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
8. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on "PUMPED HYDRO STORAGE Market” - Global forecast to 2030

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