Run Of River Power Market - Global Industry Analysis 2023 | Research Report
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
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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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