Decentralized Electricity Generation Development Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2014 - 2020
"Decentralized
Electricity Generation Market - Global Industry Analysis, Market
Size, Share, Growth, Trends And Forecast 2014 - 2020"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Electricity
is capable of being generated either centrally, or at different
locations based on the requirement of the geographical location,
demand or type of use. Most countries generate electricity in large
centralized facilities, using fossil fuels, such as coal, gas,
nuclear, large solar power plants or hydropower plants. These plants
have excellent economies of scale, but usually transmit electricity
over long distances and can negatively affect the environment.
Distributed generation allows collection of energy from many sources
and may give lower environmental impacts and improved security of
supply. Historically, central plants have been an integral part of
the electric grid, in which large generating facilities are
specifically located either close to resources or otherwise located
far from populated load centers. These, in turn, supply the
traditional transmission and distribution (T&D) grid that
distributes bulk power to load centers and from there to consumers.
These were developed when the costs of transporting fuel and
integrating generating technologies into populated areas far exceeded
the cost of developing T&D facilities and tariffs. Central plants
are usually designed to take advantage of available economies of
scale in a site-specific manner, and are built as \"one-off,\"
custom projects.
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One
of the factors that guides the market further is the ever-increasing
demand of electricity that prompts generation companies to increase
their output to cope with the demand. Additionally, distributed
electricity generation gives the advantage of not being dependent on
a single power station for the needs of the whole region. Also,
certain industries that are power intensive can establish their
generation plants to avoid being a load on the central grid and
having to pay retail prices. Conversely, establishing separate power
stations may give rise to losses for the generators that are already
operational due to reduction in demand. Moreover, per unit cost of
production is increased as the economy of scale cannot materialize
when the number of end users reduce. But, due to the abundant
availability of renewable resources, such decentralized generation
facilities can be established in most places which creates tremendous
opportunities for the market.
Segmentation
of the market can be done on the basis of the source of generation of
electricity. Common sources of power generation are cogeneration
(using steam turbines, natural gas-fired fuel cells, microturbines or
reciprocating engines to turn generators), solar panels, wind
turbines and waste-to-energy sources. On the basis of modes of power
generation, decentralized generation market is sub-divided into:
Combined Heat and Power (CHP), fuel cells, microturbines,
photovoltaic systems, reciprocating engines and trigeneration.
Geographically,
the European region is the most active in terms of decentralized
electricity generation, led by Germany, Austria, France and
Switzerland. The United States is the leader in the North American
region with the most number of power generation facilities. The
Asia-Pacific expanse has widespread decentralized generation with
major facilities established in China, India, Australia, Malaysia and
Singapore. Rest of the World countries that have major power
generation facilities are the Middle Eastern nations and Brazil,
Argentina and Paraguay in Latin America.
Some
of the key players in the decentralized electricity generation market
are: Constellation Energy Resources, LLC, Hydro One, Inc., Enersource
Corporation, R&M Electrical Group Ltd. and E.ON UK plc.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a
complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the
coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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