The Changing Landscape Of The Spanish Hydropower Industry: Ken Research

The world has witnessed an increasing rate of green house gas emissions which has impacted the earth in a disastrous way. New methods of energy production and development are being developed in various countries. One of the major shifts in energy production is the use of renewable sources of energy generation. One of the primary renewable resources is the hydro energy which is used to generate electricity by making water fall on large turbines from a great height. Spain is extensively utilising its hydropower potential in order to ensure safer environment for its future generation. Spain has numerous hydropower projects that are still under construction and some that began operations long back. There are three broad categories of hydropower projects and these include Small Hydro projects, Medium Hydro projects and large hydro projects. Many organisations are developing small hydropower projects due to the cost effectiveness associated with them. According to the study, 'Hydropower (Large, Small And Pumped Storage) In Spain, Market Outlook To 2030, Update Capacity, Generation, Regulations And Company Profiles', some of the major companies that are working in the hydropower energy generation industry include Iberdrola, S.A., GrupoFerroatlantica, S.L., Gas Natural Fenosa Group, E.ON Espana and AccionaEnergia, S.A.'Hydropower (Large, Small And Pumped Storage) In Spain, Market Outlook To 2030, Update Capacity, Generation, Regulations And Company Profiles

Small Hydropower plant projects are the most cost effective method of fulfilling energy requirements of a less developed region, which is why they attract attention in the developing nations. They require relatively less capital investment and though, produce lower amount of energy but enough to fulfil the needs of a remote area which can ensure development in that region too. Out of the total hydropower electricity generated in Spain, a significant portion was generated via small hydropower projects which are unique considering that they generate lower amount of electricity as compared to the other two. Most number of hydropower plants is located in the northern region where there is abundance of river basins coupled with hydropower generation potential which makes it a favourable zone for setting up such projects. The surge of small hydropower projects in Spain is mainly due to the governmental rules and regulation which promoted the generation of energy via renewable sources. The electricity sector law set a special regulatory and economic framework for industries that generated power using renewable forms of energy. The overall installed capacity of hydropower projects in Spain has been increasing constantly over the past few years and the same if expected to be carried for the upcoming years.

The competition scenario can be narrowed down to only few players in the market who have the ability to make huge capital investments that too after the returns begin to generate after a period nearly a decade. Many companies that entered this segment could not survive the pressure and were forced to exit, whereas those who continued eventually became the market leaders. The future of this industry is expected to be bright especially due to the strong support that the Spanish regulatory framework provides. The established companies now face no threat from new entrants as they have become behemoths in this sector holding onto their share. If new companies are able to develop better techniques which are highly cost effective only then the big giants can be put into trouble. For more information on the research report, refer to below link:- technology/hydropower-spain-generation/ html Related Reports:- technology/hydropower-brazil-generation/ html technology/hydropower-china-generation/ html

Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications