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Industry Sector |
Energy and Utilities |
Published |
1 December 2011 |
Author |
Mike King |
Type of News |
General |
The global market for Distributed Generation technologies reached a total of about $44.4 billion in 2009 and $64.0 billion in 2010. By 2015, it is estimated at about $141 billion, a compound annual growth rate (CAGR) of 17.1% between 2010 and 2015. The DG market for renewable technologies was worth $31.8 billion in 2010 and is expected to reach to $66.4 billion by 2015, growing at a CAGR of 15.9%. In 2010, the market value for fuel-based generation technologies was nearly $32.2 billion and is forecast to reach to $74.3 billion by 2015, with a CAGR of 18.2%.
Worldwide interest in alternative forms of energy production is quickly rising, driven by increased global awareness of energy-related issues including greenhouse gas (GHG) emissions, climate change, energy cost and security, air and water pollution, and other environmental and economic concerns. DG represents one of several potential solutions that are being widely implemented to address these issues. In many situations, increased reliance on DG sources including solar, wind, fuel cell, and other technologies will serve as a key component toward reaching climate change, energy security, and environmental goals of political entities around the globe. This study assesses market opportunities that will facilitate the implementation of DG around the world.
INTENDED AUDIENCE
We have completed a study of DG technologies along with relevant market and production information, technological descriptions and issues, applications, market factors and potential, and an overview of supporting incentives and regulations in major worldwide markets. Therefore, this study is of interest to manufacturers of DG technologies, distributors, suppliers, and entrepreneurs and entrepreneurial companies interested in entering or expanding into the DG sector. It 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.
SCOPE OF REPORT
The scope of this investigation includes all major viable DG technologies as well as abbreviated assessment of potentially viable emerging DG technologies. BCC analyzes each technology, determines its current market status, examines its impact on future markets, and presents forecasts of growth over the ensuing 5 years. Technological issues including the latest trends are assessed and discussed, as is the current and likely ongoing regulatory environment in support of this industry.
BCC analyzes the industry on a worldwide basis from both a manufacturing and an implementation point of view. We examine government roles in support of DG technologies worldwide, including regulatory support and requirements, feed-in tariffs, and promotional incentives for various DG technologies as relevant and available. We provide a review of the most relevant DG technologies, discuss recent trends in capacity installation and unit sales, and provide industry overviews and market assessments for each DG technology.
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