Pumped Hydro Storage (PHS) Marketplace to See Growth in the Offing, According to I&R Research Report Now Available at MarketPublishers.com01 Jun 2016 • by Natalie Aster
LONDON – Nowadays, grid reliability is recognised as a significant attribute of any national electric power system. Grid reliability ensures adequate balance between electric generation and electric demand in real-time.
Electricity has no shelf time – it is always generated when needed – this presents a challenge in ensuring reliability. Moreover, the demand for electricity continually witnesses changes, particularly between day-time periods (when peak demand is registered) and night-time periods (when low demand is registered).
Owing to the technology-cost gap of other existing technologies and also rising penetration of renewables, the global pumped hydro storage (PHS) market is currently gaining traction at a swift pace. Remarkable growth is witnessed in China and Europe, furthermore, PHS is again being considered in Japan, Canada and the USA.
Cutting-edge research report “I&R - The Global Pumped Hydro Storage (PHS) Market Report 2016” elaborated by Investment & Research (I&R) presents a comprehensive analysis of the world pumped hydro storage (PHS) market. It offers an up-close review of the PHS market performance as well as explores the situation across the key market segments. It contains country-wide markets analyses as well. Moreover, the report profiles the major companies active in the PHS market, touches upon the competitive landscape and also outlines future growth prospects. The report delves into the current market scenario and comprises market forecasts up to 2026.
More topical research studies by this publisher are available at its online catalogue.