MICROHYDRO-ELECTRIC SYSTEMS MARKET ANALYSIS
Europe dominated the global microhydro-electric systems market is expected to present substantial growth prospects over the forecast period
Development of efficient regulatory framework and tariff rates to support green infrastructural development is expected to fuel the market growth in Europe. For instance, European Legislation has defined the standards and normalization rules accounting for the electricity generation through hydropower and wind power. Furthermore, other regulatory bodies has also defined requirements and standards include UK legislation, Department of Energy & Climate Change (DECC), and Office of Gas and Electricity Markets (Ofgem). Increasing number of green government initiatives to support the growing requirement of electricity in emerging countries of Asia Pacific such as China, is expected to garner highest growth rate over the forecast period.
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