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Analyzing the Hydropower Industry in Russia

Russia hydropower market: Fifth largest industry for hydropower production


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2014-02-04 04:06:03 - Analyzing the Hydropower Industry in Russia - a new market research report on companiesandmarkets.com

The market for hydropower in Russia is a major source of electricity generation in Russia. Hydropower accounted for around 17% of the total power generation mix and around 99% of the total renewable electricity generation mix in the country in 2012. The hydropower sector of the country is mainly supported by financial incentives and policies introduced by the government. Russia is well known for being one of the world´s top energy superpowers.

The country has abundant natural energy resources such as natural gas, coal and oil. As the fifth largest producer of renewable energy in the world, the renewable energy industry in Russia is mostly represented by hydroelectricity and geothermal energy as the country´s most developed alternative energy sources.

Russia has 102

 

 

hydropower plants with capacities of over 100 MW, making it fifth in the world for hydropower production. It is also second in the world for hydro potential, yet only 20% of this potential is developed. Russia´s government has already come to realize these opportunities and has begun to place a greater focus on the development of alternative energy.

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Mike King
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