Run Of River Power Market - Global Industry Analysis, Analysis, Growth & Forecast : 2023
A run of river power
plant is a small hydro power plant harnessing energy from the river
water. This hydropower being renewable in nature, small in size, and
dependent upon the natural water flow, seems to be a suitable
low-impact alternative to the existing large-scale plants.
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A run of river plant
produces hydropower from kinetic energy of the natural flow of a
river. A small portion of the river is diverted and led to the power
house through a channel or penstock. The flowing water rotates the
turbine which in turn rotates the generator coupled to it. This plant
can produce substantial power provided there is sufficient water flow
and its kinetic energy. The kinetic energy of this flowing water can
be increased by having a sufficient pitch. Hence a location having
such geographical features is suitable for the power plant to operate
efficiently.
There are many
advantages of a run of river power plant. A dam is required only if
the available head is not enough to produce the power demanded.
Existing dams can also be used to meet the dam requirement. Since dam
is not necessary for such power plant, flood risks are reduced. Thus
negative impact on the environment is less. Flowing river water is
source of energy which is converted to electricity. It is also
environment friendly as it produces no pollution or any particulate
matter. It is convenient for use by factories, residential areas and
all those whose power requirement is not much. The run of river is an
intermittent source of power. The power produced from such plant is
suitable only to meet the peak power loads and not base load. Thus
its operation and maintenance cost becomes high.
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
-North America
-Asia Pacific
-Europe
-Middle East and
Africa
-Latin America
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