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China hydropower market: Accelerating the building of hydroelectric dams

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Analyzing the Hydropower Industry in China - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-25 08:03:04
The market for hydropower in China is expected to increase rapidly in the coming years. The hydroelectric power industry in China comprises establishments that operate hydroelectric power generation facilities. These facilities derive energy from falling or flowing water, such as rivers, streams and the overflow of dams.

The establishments in this industry produce electric energy and provide electricity to transmission systems or to electric power distribution systems. The industry has experienced significant growth in installed capacity. There are many ongoing construction projects of new hydropower plants and the enlargement of existing facilities. Most major players have set high targets to increase capacity to at least two to three times their current levels.

The government prioritizes the development of hydroelectricity and will focus its efforts on increasing hydropower´s share of total power generation, thereby constraining the share of thermal power generation. The government´s strategy for developing renewable energy in China has had a positive impact on the development of the industry.

At present, many problems exist in hydropower development such as environmental protection, mainly because enterprises fail to deal with the relationship between hydropower development and local residents´ interests as well as ecological protection. With 2020 clean-energy targets to meet, China is set to accelerate the building of hydroelectric dams, reversing a long halt caused by environmental concerns and the social upheaval of relocating people living in the shadow of dam sites.

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