Europe Pump Hydro Storage Market Research Report Information by Plant Configuration, by Capacity, by End Use, and by Country Forecast till 2032

Description

List of Tables

Europe Pump Hydro Storage Market Research Report Information by Plant Configuration (Open-Loop Systems, Closed-Loop Systems), by Capacity (Small-Scale Plants, Medium-Scale Plants, Large-Scale Plants), by End Use (Residential, Commercial, Industrial, Utility), and by Country (Germany, UK, France, Russia, Italy, Spain, Netherlands, Switzerland, Norway, Rest of Europe) Forecast till 2032

Industry Overview

The Europe pump hydro storge market size is expected to hit USD 29,692.90 Million by 2035, registering a 9.3% CAGR during the forecast period. Pumped hydro storage works by moving water between two reservoirs at different heights to balance electricity supply and demand. It stores excess energy by pumping water uphill and generates power when needed by letting it flow back down through turbines.

Europe has a huge demand for electricity that is exacerbated by changes like the growth of cities, electric vehicles, and the use of green energy. There is a very high momentum for PHS systems, which can bring a lot of flexibility to the power network through their energy storage capacity, and unlock it during a peak load period. Clean power sources are taking over the role of fossil fuel plants, and it is worth mentioning that countries like Germany, Norway, and Spain are heavily funding innovative projects in PHS, both open & closed-loop, to be able to not only help secure energy but also keep well on track with the clean energy transition of the region.

Major Company Development

ANDRITZ initiated the series of innovations describing the Advanced HydroMatrix(R) turbine technology in August 2023, marking the era of the efficiency leap in small hydropower. Besides the best hydraulic engineering, the updated system is equipped with smart digital controls, thus ensuring not only the optimization of the operational performance but also the reduction of the ecological footprint. This invention fits in perfectly with the trend of ANDRITZ being a pioneer in the implementation of hydropower solutions that are eco-friendly and supporting the industry's transition to technology generation that is heavily based on clean and smart energy.

Key Players

Major players in the Europe pump hydro storage market are ANDRITZ, Enel S.p.A., Siemens, Iberdrola S.A., Voith GmbH & Co. KGaA, Statkraft AS, AFRY AB, GUGLER Water Turbines GmbH, Repsol, and EDF (Electricite de France).

Report Attribute Details

Market Size 2024: USD 11,205.5 Million
Market Size 2035: USD 29,692.90 Million
CAGR (2025-2035): 9.3%
Base Year: 2024
Market Forecast Period: 2025-2035

Industry Segmentations

By Plant Configuration: Open-Loop Systems - 9.8%, Closed-Loop Systems - 8.4%.
By Capacity: Small-Scale Plants - 11.2%, Medium-Scale Plants - 9.7%.
By Country: Germany - 9.2%, UK - 8.6%.
By End Use: Residential - 10.2%, Commercial - 9.6%.

Product Code: MRFR/E&P/61749-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING DEMAND FOR RENEWABLE ENERGY
- 4.2.2 RISING ELECTRICITY DEMAND
4.3 RESTRAINTS
- 4.3.1 HIGH INITIAL INVESTMENT AND OTHER COSTS
- 4.3.2 ENVIRONMENTAL AND LOCATION CONCERNS
4.4 OPPORTUNITY
- 4.4.1 ADVANCEMENT IN PUMPED HYDRO STORAGE TECHNOLOGY
4.5 IMPACT ANALYSIS OF COVID-19
- 4.5.1 IMPACT ON SUPPLY CHAIN OF PUMPED HYDRO STORAGE MARKET
- 4.5.2 IMPACT ON MARKET DEMAND OF PUMPED HYDRO STORAGE MARKET

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 PARTICIPANTS
  - 5.1.1.1 RAW MATERIALS SOURCING
  - 5.1.1.2 EQUIPMENT MANUFACTURER & TECHNOLOGY PROVIDER
  - 5.1.1.3 ENGINEERING, PROCUREMENT, AND CONSTRUCTION
  - 5.1.1.4 GRID INTEGRATION & ENERGY STORAGE OPERATIONS
  - 5.1.1.5 ENERGY TRADING & DISTRIBUTION
  - 5.1.1.6 END-USERS
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 BARGAINING POWER OF SUPPLIERS
- 5.2.2 BARGAINING POWER OF BUYERS
- 5.2.3 THREAT OF NEW ENTRANTS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY
5.3 REGULATORY LANDSCAPE
- 5.3.1 GOVERNMENT POLICIES AND INITIATIVES
- 5.3.2 IMPACT ON THE MARKET
- 5.3.3 PATENT ANALYSIS
5.4 ENVIRONMENTAL IMPACT AND SUSTAINABILITY
- 5.4.1 CARBON FOOTPRINT
- 5.4.2 SUSTAINABILITY INITIATIVES
5.5 PESTEL ANALYSIS

6 EUROPE PUMPED HYDRO STORAGE MARKET, BY PLANT CONFIGURATION

6.1 INTRODUCTION
6.2 OPEN-LOOP SYSTEMS
6.3 CLOSED-LOOP SYSTEMS

7 EUROPE PUMPED HYDRO STORAGE MARKET, BY CAPACITY

7.1 INTRODUCTION
7.2 SMALL-SCALE PLANTS
7.3 MEDIUM-SCALE PLANTS
7.4 LARGE-SCALE PLANTS

8 EUROPE PUMPED HYDRO STORAGE MARKET, BY END USE

8.1 INTRODUCTION
8.2 RESIDENTIAL
8.3 COMMERCIAL
8.4 INDUSTRIAL
8.5 UTILITY

9 EUROPE PUMPED HYDRO STORAGE MARKET, BY COUNTRY

9.1 INTRODUCTION

10 COMPETITIVE LANDSCAPE

10.1 INTRODUCTION
10.2 COMPETITION DASHBOARD
10.3 COMPANY MARKET SHARE ANALYSIS, 2023 (%)
10.4 COMPETITIVE BENCHMARKING
10.5 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE MARKET
10.6 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2023
10.7 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.7.1 NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT
- 10.7.2 JOINT VENTURES

11 COMPANY PROFILES

11.1 ANDRITZ
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 KEY DEVELOPMENTS
- 11.1.4 SWOT ANALYSIS
- 11.1.5 KEY STRATEGY
11.2 ENEL S.P.A
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 KEY DEVELOPMENTS
- 11.2.4 SWOT ANALYSIS
- 11.2.5 KEY STRATEGY
11.3 SIEMENS.
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 KEY DEVELOPMENTS
- 11.3.4 SWOT ANALYSIS
- 11.3.5 KEY STRATEGY
11.4 IBERDROLA S.A GROUP
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 KEY DEVELOPMENTS
- 11.4.4 SWOT ANALYSIS
- 11.4.5 KEY STRATEGY
11.5 VOITH GMBH
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 KEY DEVELOPMENTS
- 11.5.4 SWOT ANALYSIS
- 11.5.5 KEY STRATEGY
11.6 STATKRAFT AS
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 KEY DEVELOPMENTS
- 11.6.4 SWOT ANALYSIS
- 11.6.5 KEY STRATEGY
11.7 AFRY AB
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 KEY DEVELOPMENTS
- 11.7.4 SWOT ANALYSIS
- 11.7.5 KEY STRATEGY
11.8 GUGLER WATER TURBINES GMBH
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 KEY DEVELOPMENTS
- 11.8.4 SWOT ANALYSIS
- 11.8.5 KEY STRATEGY
11.9 REPSOL
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 KEY DEVELOPMENTS
- 11.9.4 SWOT ANALYSIS
- 11.9.5 KEY STRATEGY
11.10 EDF
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 KEY DEVELOPMENTS
- 11.10.4 SWOT ANALYSIS
- 11.10.5 KEY STRATEGY
11.11 DATA CITATIONS