Wellesley, Mass. – In a recent release, THE GLOBAL MARKET FOR DISTRIBUTED ENERGY GENERATION (EGY061B) from BCC Research (www.bccresearch.com), the global distributed energy generation market was worth $64 billion in 2010 and is expected to be valued at more than $140.7 billion in 2015, increasing at a compound annual growth rate (CAGR) of 17.1%.
The global market for distributed energy generation can be broken down into two segments – renewable technologies and fuel-based technologies.
The renewable technologies segment accounted for $31.8 billion in 2010 and in 2015 should be worth $66.4 billion, a CAGR of 15.9%.
The fuel-based technologies segment was worth $32.2 billion in 2010 and should be worth $74.3 billion in 2016, a CAGR of 18.2%.
Distributed energy generation technologies are small-scale electricity production facilities that provide power to meet local demand. Unlike conventional power plants, which depend upon economies of scale to produce power at a marketable price, distributed generation technologies provide localized generation capacity for a wide array of niche markets, including peaking power/peak shaving, renewable energy generation, conversion of waste fuels to electricity, emergency or standby power generation capacity, reliable and consistent power generation, rural and remote generation, mobile electricity generation, and a variety of other applications.
In addition to these more traditional markets, distributed generation technologies are increasingly being used to generate baseline power for local or regional use, a practice that is especially on the rise for renewable generation technologies.
This report has three main objectives: Summarize existing distributed generation technologies as well as promising technologies under development; evaluate the existing distributed energy generation industry, focusing on producers of each major viable technology; and assess market potential for distributed generation technologies over a five-year period, from 2010 through 2015.
This study is of interest to manufacturers of energy generation technologies, distributors, suppliers, and entrepreneurs and entrepreneurial companies interested in entering or expanding into the distributed energy generation sector. The report will also be of interest to corporate planners and strategists, infrastructure engineering firms, energy market researchers, and energy/fuel suppliers who are engaged in renewable and alternative energy and fuels production and distribution.
The Global Market for Distributed Energy Generation( EGY061B )
Publish Date: October 2011
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC, 49 Walnut Park, Building 2, Wellesley, MA 02481, Telephone: 866-285-7215; Email: firstname.lastname@example.org as the source and publisher. Thank you.