Published on : Nov 28, 2016
ALBANY, NY, Nov 28, 2016: The report offers an in-depth analysis of the global market for distributed energy generation, estimating it to expand at a significant CAGR of 11.4% during the forecast period of 2016 to 2020. The report has been titled “Global Distributed Energy Generation Market 2016–2020”.
The small-scale production of electricity, ranging from a few kilowatts to tens of megawatts, is referred to as distributed energy generation. In this, power is generally generated using renewable resources or by generators at the point of consumption. Since distributed energy generation systems can function as stand-alone power sources, the demand for the same is gradually increasing across the globe.
According to the report, a rise in electrification through hybrid decentralized power systems is another factor that is positively influencing the global market for distributed energy systems. Moreover, a change in grid structure that allows decentralization of power generation and the need for resilient grids are fueling the market.
Conversely, the report highlights high exit and standby costs as the primary restraint on the growth of the distributed energy generation market. Moreover, the impact of the growth of distributed energy generation on grid operation and the lack of industry standards are examined as the other factors that will negatively influence the market in the near future.
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The report segments the global distributed energy generation market on the basis of technology and geography. By technology, the market has been segmented into solar PV, CHP, fuel cell, micro-turbine, and wind turbine. Geographically, the report studies the regional markets of Asia Pacific, the Americas, and Europe, the Middle East, and Africa. The market value of each of these segments as well as the projected annual growth rate have been provided. The report also identifies the high-potential countries for renewable-based distributed energy generation and off-grid technologies.
Also included in this report are solar PV system deployment costs for the duration of 2015 to 2020, the levelized cost of electricity in 2015, plug-in hybrid electric vehicle battery costs in 2011 to 2023, and estimated global telecom tower installations in 2015.
The key vendors that have been analyzed in this report are: Ansaldo Energia, Bloom Energy, First Solar, Ballard Power Systems, and Capstone Turbine Corporation. For each of these vendors, business segmentation, product offerings, and market share have been provided. Some of the other players in the global market for distributed energy generation are Acal, Ceramic Fuel Cells, Ceres Power, Delphi Automotive, Acumentrics, Aisin Seiki, Altergy, DMFCC (Subsidiary of VIASPACE), Doosan Fuel Cell, Electrochem, FUELCELLSETC, GE, H2 Logic, EnergyOR Technologies, Enocell, FuelCell Energy, Horizon Fuel Cell Technologies, Hydrogenics, Intelligent Energy, Oorja Protonics, and Panasonic.
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