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Global Power Generation Market 2018:Power generation in the world is constantly evolving prompted by concerns related to climate change and cost of power generation. Overall, non-hydropower sources such as solar and wind power, and natural gas are being preferred for power generation.
Distinct trends in power generation are being observed in different regions of the world. In the Asia-Pacific (APAC) region, coal power dominates and will continue to dominate with strong inroads made by solar and wind power. In North America and Europe, gas power generation along with wind power will be the dominant trend. In each case, availability of cheap energy resources, energy security concerns, and government regulations are the prime drivers of the emerging generation trends.
The emergence of non-hydro renewable power sources, which are intermittent, is leading to the rise of of energy storage. The need to integrate renewables into the grid, and the loss of baseload capacity due to the decommissioning of fossil fuel plants will increase the need for installing energy storage devices. Increased investment in battery storage manufacturing capacity for electric vehicles is expected to drive down the cost of energy storage devices further. This will help in the future expansion of this sector.
Top Key Players:
• General Electric
• Siemens AG
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Scope:
- The report talks about the emerging trends in power generation technology.
- It analyses the main drivers behind the emergence of new generation trends in the world.
- The report further looks into the emerging trends in generation in particularly two regions of the world, the Asia-Pacific; and the North American and European regions.
- The levellzed generation cost of different energy sources and the fall in the cost of solar modules and wind turbines have been included in the report.
- The report will also help understand the factors behind the emergence of the energy storage sector.
Reasons to buy:
- To gain insights of the global power generation market and the emerging trends.
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Table of Contents:
1 Table of Contents 1
1.1 List of Tables 1
1.2 List of Figures 1
2 The Global Power Generation Market Overview 3
2.1 Coal to Gas in North America and Europe 3
2.2 Solar and Wind Power in APAC 6
2.3 Low Growth in Hydropower and Nuclear Power 9
2.4 Move from Coal to Biomass 9
2.5 Renewables to Fuel the Expansion of Energy Storage 10
3 Appendix 12
3.1 Bibliography 12
3.2 Contact Us 12
3.3 Disclaimer 12
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Part 2:
Global Power Transmission Market 2018:
The power transmission industry is witnessing changes, necessitated by a higher percentage of renewable energy sources in the energy mix and a greater contribution from distributed generation. This change is happening on two fronts. Transmission infrastructure is being upgraded with a push toward higher voltage lines to reduce losses. Technological changes are also becoming necessary to make the system flexible enough to provide stability against the intermittent nature of solar and wind power generation.
Expansion in power transmission infrastructure is mostly happening in the developing world. Countries such as China, India, and Brazil are leading in line length additions to their transmission grids. This trend in expected to continue over the next five years. Countries such as Kenya, Nigeria, Chile, Argentina, and Mexico are also aggressively expanding their power access infrastructure and opening up to private investment.
Globally, government policy has been mainly driving investment in the electricity transmission sector, either directly, as in China and India, or indirectly as in the US or Germany, where the growth of renewable power propelled by government policy, has generated new investment in transmission infrastructure.
Advancement in transmission technology and digitalization, comes with its advantages but also brings along inherent risks. Appropriate digital solutions will need to be developed to counter such threats to provide grid reliability.
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Scope:
- The report talks about the emerging trends in power transmission technology.
- It analyzes the main drivers behind new investment in transmission infrastructure.
- Implementation of smart grid technology in electricity transmission and its challenges have been discussed in the report.
- Use of UVDC and UHVDC technology in transmission interconnectors has been discussed.
- Changing trends in transmission tower design has also been captured.
Reasons to buy:
- To gain insights of the global power transmission market and the emerging trends.
Table of Contents:
1 Table of Contents 1
1.1 List of Tables 1
1.2 List of Figures 1
2 The Changing Face of the Global Electricity Transmission System 2
2.1 Toward Higher Voltages to Reduce Losses 2
2.2 Drivers for Investment in New Transmission Projects and Upgrades 3
2.3 Smart Grid in Transmission 6
2.4 Challenges for Grid Modernization/Smart Grid Implementation 7
2.5 Construction of DC Interconnections is on the Rise 7
2.6 Other Innovations in Transmission Technology 9
2.7 Conclusion 10
3 Appendix 11
3.1 Bibliography 11
3.2 Contact Us 11
3.3 Disclaimer 12
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