Frost & Sullivan: Climate Concerns and Emerging Markets Breathe New Life Into the European Large Hydropower Market
By Frost Sullivan, PRNEMonday, February 15, 2010
Frost & Sullivan to Host Analyst Briefing on the European Large Hydropower Market on Wednesday, 24 February, 2010 at 3:00 pm GMT
LONDON, February 16, 2010 - In 2009, the World Bank increased its lending for large hydropower
projects, at a time when investment fell in many other sectors. This was a
result of a pan-European commitment to generate more electricity from
renewable energy sources and to better exploit mature hydropower technology.
In addition to creating new growth opportunities, this has had the effect of
generating a thriving market for refurbishment projects that improve
efficiency and reduce environmental impact. Consequently, the refurbishment
and servicing market now offers manifold growth opportunities for original
equipment manufacturers, services companies, and hydropower producers.
(Logo: www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)
The Energy & Power Systems Group at Frost & Sullivan is pleased to
announce that it will be hosting an online analyst briefing presentation on
Wednesday, 24 February, 2010 at 3:00 pm GMT to examine these opportunities in
detail.
Highlights of the briefing include an overview of the large hydropower
market in Europe and its potential, an analysis of the hydropower
refurbishment and services market, and a review of the numerous growth
opportunities in the large hydropower market.
By discussing the hydropower market, analysing the value of
refurbishment, operation and maintenance services, and by providing market
development forecasts, this briefing will benefit hydropower producers,
original equipment manufacturers, servicing companies and investors.
"The European Hydropower market has traditionally been viewed as a mature
market with few opportunities and five years ago, maybe that perception was
not so far off. However new opportunities for both new projects and
refurbishment work are quickly undermining this perception. Despite a
short-term decline in electricity demand, the longer-term trend is upward as
hydropower provides a cost-effective, carbon-free, electricity source," notes
Frost & Sullivan's Energy & Power Systems Consultant Jonathan Robinson.
"The key hydropower markets are also markets where economic and
electricity growth is forecast to be strongest in the next decade: Albania,
Croatia and Turkey. These markets offer exciting prospects, both for
established players and for smaller participants," adds Zeinegul Hassan,
Research Analyst from Frost & Sullivan's Energy & Power Systems Group.
To participate in this briefing, please email Chiara Carella at
chiara.carella@frost.com with: your full name, company name, title, telephone
number, e-mail, address, city, state and country and a registration link will
be e-mailed to you. You may also register to receive a recorded version of
the briefing at anytime by submitting the aforementioned contact details.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to
accelerate growth and achieve best-in-class positions in growth, innovation
and leadership. The company's Growth Partnership Service provides the CEO and
the CEO's Growth Team with disciplined research and best practice models to
drive the generation, evaluation and implementation of powerful growth
strategies. Frost & Sullivan leverages over 45 years of experience in
partnering with Global 1000 companies, emerging businesses and the investment
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Partnership, please visit www.frost.com.
Contact: Chiara Carella Corporate Communications - Europe P: +44-(0)-20-7343-8314 M: +44-(0)-753-3017689 E: chiara.carella@frost.com
www.frost.com
Chiara Carella, Corporate Communications - Europe of Frost & Sullivan, +44-(0)-20-7343-8314, Mobile, +44-(0)-753-3017689, chiara.carella at frost.com
Tags: February 16, Frost & Sullivan, ireland, London, United Kingdom