Western European Cogeneration Equipment Market

Frost & Sullivan, May 2007, Pages: 293

This Frost & Sullivan research service titled Western Europe Cogeneration Equipment Market provides an analysis of the current state of the cogeneration equipment market and forecasts revenues and megawatt growth for different cogeneration equipment. It also provides a complete analysis of key market drivers, restraints and trends that impact the cogeneration equipment market. In this research, Frost & Sullivan's expert analysts thoroughly examine the following equipment types: gas turbines, steam turbines, heat recovery steam generators and fuel-fired boilers used only for cogeneration.

In the Wake of Rising Environmental Concerns, Higher Efficiencies Strengthen the Case for Cogeneration Equipment

With the escalating concerns on climatic changes, the European energy market is striving to meet the ambitious Kyoto Protocol-based environmental targets. Meanwhile, the European Commission has planned to implement the cogeneration policy aggressively. These efforts, along with the region’s need to reduce energy imports, has created a pressing need for sustainable development through a well balanced energy portfolio, inclusive of energy-efficient technologies. Although combined heat and power (CHP) still contributes to only a small percentage of the total power generation market, robust government backing in the form of favourable legislation and complementary financial incentives is expected to see the market through.

The ever-increasing energy demand, combined with the challenges in material supply, has necessitated a strong focus on resource consideration. "It is vital to have highly efficient plants and utilise the dual energy offering of heat and power generated through cogeneration," says the analyst of this research service. "This need also highlights the importance of employing trigeneration, in which a single fuel source is converted into three useful energy products such as power, steam for heat and chilled water, capturing up to 90.0 per cent of energy from a unit of fuel."

Cogeneration to Help Contain Rising Energy Costs at Facilities

With energy prices spiralling out of control, it augurs well for facilities to rely on CHP to rein in costs and thus adhering to a tight energy budget. It is mainly the energy savings benefit of cogeneration that makes it score over traditional power generation methods. Furthermore, reacting to this need for greater cost savings, equipment manufacturers are looking forward to an alternate fuel by replacing expensive natural gas, which accounts for more than 75 per cent of the fuel type used in cogeneration equipment, with the more economical biomass, bio liquids and other alternate biofuels.

The market is expected to witness a surge in demand from manufacturing and process industries, which demand reliable and quality power. The major end users in the industrial segment are chemicals, petrochemicals, refineries, pharmaceuticals, paper and pulp, steel, ceramics and food and beverage. "The chemical-based industries (chemicals, petrochemicals, refineries, pharmaceuticals) contribute to more than 60.0 per cent of the total cogeneration equipment market revenues," notes the analyst. "Thus, the future of cogeneration is not going to be in building a few large plants but in building many smaller plants across various industries."

1. Executive Summary
-1. Market Introduction
--1. Market Overview
--2. Market Segmentation
-2. Major Research Findings
--1. Industry Challenges
--2. Market Drivers and Restraints
--3. Opportunities and Forecasts
--4. Strategic Conclusion

2. Total Western European Cogeneration Equipment Market
-1. Market Introduction
--1. Market Overview
--2. Market Segmentation and Definitions
--3. Market Engineering Measurements
-2. Market Forces
--1. Industry Challenges
--2. Market Drivers
--a. Higher Efficiencies Displayed by Cogeneration Equipment Trigger Renewed Interest
--b. Environmental Concerns and Proposed Energy Policies Augur Well for Cogeneration
--c. Energy Savings owing to Effectual Employment of Waste Heat
--d. Repowering of Old Power Plants Create Fresh Prospects for Cogeneration
--e. Security of Supply Gains Importance after Recent Power Outages Strengthening the Cogeneration Case
--3. Market Restraints
--a. High Gas Prices Restrain the Use of Cogeneration
--b. Low Electricity Prices Challenge the Viability of Cogeneration Economics
--c. Fluctuating Energy Prices Make Customers Vacillate in their Energy Investment Decision
--d. Market Slowdown in the Recent Past Creates a Negative Perception
--e. Non-availability of Natural Gas will Restrain the Market Growth
-3. Market Forecast and Analysis
--1. Revenue Forecasts
--2. Geographic Trends and Analysis
--3. Pricing Trends and Analysis
--4. End-user Trends and Analysis
-4. Key Market Trends
--1. Technology Trends
--2. Regulatory Trends
-5. Summary of Research Findings
--1. Energy Market Snapshot
--2. Key Research Findings

3. Gas Turbine Market for Cogeneration in Western Europe
-1. Market Introduction
--1. Market Overview
--2. Market Segmentation
--3. Market Engineering Measurements
-2. Revenue Forecasts
--1. Revenue Forecasts for Gas Turbines Used for Cogeneration
--2. Revenue Forecasts for Large Gas Turbine (Above 60 MW)
--3. Revenue Forecasts for Medium Gas Turbine (15 MW to 60 MW)
--4. Revenue Forecasts for Small Gas Turbine (5 MW to 15 MW)
-3. Output Forecasts
--1. Analysis of Output Forecasts
--2. Output Forecasts for Large Gas Turbine (Above 60 MW)
--3. Output Forecasts for Medium Gas Turbine (15 MW to 60 MW)
--4. Output Forecasts for Small Gas Turbine (5 MW to 15 MW)
-4. Revenue and Output Forecasts by Geographic Region
--1. Revenue and Output Distribution by Geographic Region
--2. Germany
--3. Spain
--4. Italy
--5. The United Kingdom
--6. France
-5. Revenue and Output Forecasts by End-user Segments
--1. Revenue and Output Distribution by End-user Segments
--2. Revenue and Output Growth by Utility Segment
--3. Revenue and Output Growth by Industrial Segment
-6. Competitive Analysis
--1. Competitive Structure
--2. Market Share Analysis

4. Steam Turbine Market for Cogeneration in Western Europe
-1. Market Introduction
--1. Market Overview
--2. Market Segmentation
--3. Market Engineering Measurements
-2. Revenue Forecasts
--1. Revenue Forecasts for Steam Turbines Used for Cogeneration
--2. Revenue Forecasts for Large Steam Turbines (Above 100 MW)
--3. Revenue Forecasts for Medium Steam Turbines (50 MW to 100 MW)
--4. Revenue Forecasts for Small Steam Turbines (5 MW to 50 MW)
-3. Output Forecasts
--1. Analysis of Output Forecasts
--2. Output Forecasts for Large Steam Turbines (Above 100 MW)
--3. Output Forecasts for Medium Steam Turbines (50 MW to 100 MW)
--4. Output Forecasts for Small Steam Turbines (5 MW to 50 MW)
-4. Revenue and Output Forecasts by Geographic Region
--1. Revenue and Output Distribution by Geographic Region
--2. Germany
--3. Spain
--4. Italy
--5. The United Kingdom
--6. France
-5. Revenue and Output Forecasts by End-user Segments
--1. Revenue and Output Distribution by End-user Segments
--2. Revenue and Output Growth by Utility Segment
--3. Revenue and Output Growth by Industrial Segment
-6. Competitive Analysis
--1. Competitive Structure
--2. Market Share Analysis

5. Heat Recovery Steam Generator Market for Cogeneration in Western Europe
-1. Market Introduction
--1. Market Overview
--2. Market Segmentation
--3. Market Engineering Measurements
-2. Revenue Forecasts
--1. Revenue Forecasts for Heat Recovery Steam Generators Used for Cogeneration
--2. Revenue Forecasts for Large Heat Recovery Steam Generator (Above 60 MW)
--3. Revenue Forecasts for Medium Heat Recovery Steam Generator (15 MW to 60 MW)
--4. Revenue Forecasts for Small Heat Recovery Steam Generator (5 MW to 15 MW)
-3. Output Forecasts
--1. Analysis of Output Forecasts
--2. Output Forecasts for Large Heat Recovery Steam Generator (Above 60 MW)
--3. Output Forecasts for Medium Heat Recovery Steam Generator (15 MW to 60 MW)
--4. Output Forecasts for Small Heat Recovery Steam Generator (5 MW to 15 MW)
-4. Revenue and Output Forecasts by Geographic Region
--1. Revenue and Output Distribution by Geographic Region
--2. Germany
--3. Spain
--4. Italy
--5. The United Kingdom
--6. France
-5. Revenue and Output Forecasts by End-user Segments
--1. Revenue and Output Distribution by End-user Segments
--2. Revenue and Output Growth by Utility Segment
--3. Revenue and Output Growth by Industrial Segment
-6. Competitive Analysis
--1. Competitive Structure
--2. Market Share Analysis

6. Fuel-fired Boiler Market for Cogeneration in Western Europe
-1. Market Introduction
--1. Market Overview
--2. Market Segmentation
--3. Market Engineering Measurements
-2. Revenue Forecasts
--1. Revenue Forecasts for Fuel-fired Boilers Used for Cogeneration
--2. Revenue Forecasts for Large Boilers (Above 100 MW)
--3. Revenue Forecasts for Medium Boilers (50 MW to 100 MW)
--4. Revenue Forecasts for Small Boilers (5 MW to 50 MW)
-3. Output Forecasts
--1. Analysis of Output Forecasts
--2. Output Forecasts for Large Boilers (Above 100 MW)
--3. Output Forecasts for Medium Boilers (50 MW to 100 MW)
--4. Output Forecasts for Small Boilers (5 MW to 50 MW)
-4. Revenue and Output Forecasts by Geographic Region
--1. Revenue and Output Distribution by Geographic Region
--2. Germany
--3. Spain
--4. Italy
--5. The United Kingdom
--6. France
-5. Revenue and Output Forecasts by End-user Segments
--1. Revenue and Output Distribution by End-user Segments
--2. Revenue and Output Growth by Utility Segment
--3. Revenue and Output Growth by Industrial Segment
-6. Competitive Analysis
--1. Competitive Structure
--2. Market Share Analysis

Customers who bought this item also bought

• Combined Heat and Power (CHP) for Thermal Power Plants in Europe - Market Size, Competitive Landscape, Trends and Analysis to 2020
• Power Markets in Western Europe to 2020 - Development of a Fully Integrated and Liberalized Electricity Market System to Increase Competitiveness and Improve Efficiency in the Region
• The Future of Distributed Generation
• 2012 Deep Research Report on Europe and China Offshore Wind Power Industry
• Gas Turbines for Thermal Power, 2013 Update - Global Market Size, Average Pricing, Equipment Segmentation and Competitive Landscape Analysis to 2020
• Power Market in Western Europe to 2020 - Government Policies Downplaying the Nuclear Energy Industry and Spurring the Growth of Renewable Energy
• Power Market in Western Europe to 2020: Increasing Focus on Renewable Power to Change the Energy Mix
• StatPlan GCD Generation Capacity and Demand 2012 - 2050 (Includes excel database)
• StatPlan GCD Generation Capacity and Demand 2012 - 2050
• Construction Equipment - Global Strategic Business Report