DUBLIN, February 19, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/kgggb4/distributed) has announced the addition of the "Concise Analysis of the International Distributed Energy Generation Systems Market - Forecast to 2018" report to their offering.
Over the past couple of decades, the demand for energy has rose significantly. Technological evolution has led to production of electrical appliances catering to several human needs. This in turn has fuelled energy demand. DEG systems are gaining popularity owing to its beneficial properties. They play a crucial role in catering the rising energy demand. The DEG systems are more economical, safer and eco friendly compared to conventional energy generation systems. Insufficient power supplied by centralized power systems coupled with their rising prices are expected to lay groundwork for the DEG systems market.
Insufficient centralized electricity supply, paradigm shift in energy generation towards green technology, increased awareness towards carbon footprint reduction coupled with revised FIT (Feed in Tariff) rates are expected to spur the market growth. Furthermore, the high cost of the raw materials act as a major barrier to the market. However, price decline in coming years is expected to overcome the restraint. Depleting fossil fuel coupled with their rising prices impacts the cost of energy generation.
CHP (Combined Heat and Power) and solar PV technology segments are major contributors to the DEG systems market which is followed by wind turbines, microturbines and fuel cell segments. Today's renewable systems are cost competitive and the most economic option for off-grid electrification. Low prices are likely to open new opportunities for the market which has helped reach grid parity quickly in this high priced electricity markets. The 2004/8/EC directive was developed by the European Commission (EC) in 2004 to trim down emissions (greenhouse gases) and support cogeneration systems. This promotes DEG systems market that contributes positively to the security of energy supply.
Currently DEG systems are widely preferred over the conventional power generating systems due to substantial loss of energy over transmission lines. The grid connected systems dominated the market in 2011 while the off grid systems are rapidly growing segments due to growing energy demand in areas without grid connection network.
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Distributed Energy Generation Systems - Technology Analysis
5 Distributed Energy Generation Systems - Application Analysis
6 Distributed Energy Generation Systems - End-use Analysis
7 Distributed Energy Generation Systems - Regional Analysis
8 Company Profiles
- Ballard Power Systems Inc
- Calnetix Technologies, LLC
- Canyon Hydro
- Capstone Turbine Corporation
- Cargo & Kraft Turbin Sverige AB
- Caterpillar Power Plants
- ClearEdge Power
- EON SE
- Fuel Cell Energy
- GUGLER Water Turbines GmbH
- Gamesa Corp
- General Electric Energy
- Gilbert Gilkes & Gordon Ltd
- Mitsubishi Power Systems Americas Inc
- OPRA Turbines BV
- Rolls-Royce plc
- Siemens Energy
- Toyota Turbine and Systems Inc
- Yingli Solar
For more information visit http://www.researchandmarkets.com/research/kgggb4/distributed
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SOURCE Research and Markets