Advanced Ceramics / Ceramic Industry News

Global Market for Distributed Energy Generation Worth $64 Billion

December 2, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

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%, according to “The Global Market for Distributed Energy Generation,” a new report from BCC Research. 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 an 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.

For more information, visit www.bccresearch.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI October 2014 cover

2014 October

Materials advances, refractories and renewable energy - oh, my! Check out our October issue today!

Table Of Contents Subscribe

Personal Smartphones

Do you use your personal smartphone or other device to complete tasks for your job?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!