DUBLIN, June 13, 2013 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/w2nt4d/the_european) has announced the addition of the "The European Market for Pumped-storage Power Plants (Analyst Version) - Market Volumes - Projects - Strategies - Trends" report to their offering.

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In the next ten years, the market for pumped-storage power plants will grow like never before. Until 2020, more than 60 new plants with an installed capacity of about 27 gigawatts will be constructed - which represents about the half of the current pumped-storage power plant stock and an investment volume of almost 26 billion euros.

The main reason for this beginning boom is the growing share of renewable energies of the total electricity generation - in the future, most notably, load fluctuations caused by energy from wind power and photovoltaics have to be compensated by storage.

The construction will focus on countries with proper natural conditions for pumped-storage power plants. Hence, first and foremost, facilities will be built in mountainous countries like Austria, Switzerland, Spain or Norway.

In the light of this development, a team of experts analysed the European market for pumped-storage power plants in detail. In doing so, they have not only included their own market knowledge, but also the expertise of public administrations, operators and plant manufacturers.

The up to date analysis of figures, facts, estimations and trends in the European market for pumped-storage power plants is of interest for producers, suppliers, operators, business associations, research institutes and consultants.

The analyst version of The European market for pumped-storage power plants includes:

- A detailed analysis of all essential political, economic, managerial and technical trends in the segments of constructing and operating pumped-storage power plants.

- A concrete differentiation of the current and future market volumes by countries - up to and including 2020, based on a transparent and comprehensible methodology.

- An overview on more than 50 new construction projects, of which more than ten are already under construction and more than 40 are currently being planned or discussed. These projects include an installed capacity of more than 20 GW.

- An analysis and description of the most important operators and plant manufacturers of pumped-storage power plants in Europe.

For more information visit http://www.researchandmarkets.com/research/w2nt4d/the_european

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Sector: Energy and Natural Resources

SOURCE Research and Markets