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Global New investment in Hydro (Power Generation), 2020 - 2028 (USD million)

  • The new investment in Hydro (Power Generation) attained a global value of ...

  • The indicator recorded a historical decline (CAGR) of 4.01% between ...

  • GlobalData projects the indicator to grow at a CAGR of 0.01% between ...

Global New investment in Hydro (Power Generation), 2020 - 2028 (USD million)

Published: May 2024
Source: GlobalData

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Between 2017-2025, the Global New investment in Thermal (Power Generation) was highest in 2017 and it continued to decline since then.  

Affects of COVID-19 in thermal power generation 

There are several different methods of developing mechanical energy to drive turbines and these vary by energy source: through the combustion of fossil fuels in fossil power generation where turbines are driven either by steam of water boiled by burning coal/oil in thermal power plants or by gas in gas-fired generation plants; through nuclear fission in nuclear power generation where turbines are driven by the steam produced; through water driving turbines in hydro and tidal power generation; through wind driving turbines in wind power generation; and in other renewable sources, through steam, either produced by geothermal power or generated by water boiled through burning biomass or through heating in solar thermal energy. Solar PV generation is the only main power generation technology that does not involve power generation through turbines, with manufacturers of photovoltaic cells and modules the most important suppliers in that field. 

Who are the largest players in the thermal power generation segment? 

Enel is an Italian gas and electricity operator company that is engaged in generating energy, selling natural gas, and distributing electricity across the country. The company operates a range of hydroelectric, thermoelectric, nuclear, wind power, and geothermal power stations. It is also involved in the transport, storage, and regasification of liquefied natural gas. 

State Power Investment Corporation (SPIC), a merger of China Power Investment Corporation and State Nuclear Power Technology Corporation, is a state-owned power generator enterprise. The company operates power generation plants and offers hydro-power, thermal power, nuclear power, and new energy generation services. It is also involved in the research and development, design, construction, operation, and management of nuclear power projects. 

The Tokyo Electric Power Company (TEPCO) is a Japanese electric power supplier. TEPCO has a diverse portfolio of generation, including thermal, nuclear, hydro, and renewable energy, and primarily operates in Japan. The company has a presence across the entire value chain of the energy utility industry. 

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