Hydropower Worth $56.51bn - New Market Report on ASDReports

Friday 29 July 2011, Amsterdam

The world is currently facing two potentially contradictory developments: that of increasing global energy supply to meet a growing demand for energy; and that of tackling global warming bylowering emissions of carbon dioxide. This situation creates an opportunity for hydropower, which is a low-carbon energy source, capable of supplying substantial quantities of power throughout the world. The newly released report on ASDReports.com calculates the global hydropower market, defined as spending on new hydropower projects plus spending on upgrades and expansions, to be worth $56.51bn in 2011.

Hydropower is a key component of the energy industry, currently contributing around one-sixth of all global electricity, but likely to play an even more important role in the future of global energy supply as the inevitable shift to renewable energy occurs. This report offers an examination of the hydropower market over the next decade, providing detailed market forecasts for each of the regional markets and offering in-depth analysis of the opportunities and challenges facing companies in the hydropower market throughout the world.

The report also describes the most important technological changes within the hydropower industry and assessestheir importance for the growth of the market over the long-term. The various drivers and restraints of the market are evaluated in order to provide readers with specific insights into the future direction of the hydropower market.