ABI Study Sees Major Expansion Ahead for Distributed Generation On a Global Scale.Business/High Tech Editors OYSTER BAY Oyster Bay, uninc. area (1990 pop. 6,687) of the Town of Oyster Bay, Nassau co., SE N.Y., on N Long Island, on Long Island Sound; settled 1653. It is chiefly residential. , N.Y.--(BUSINESS WIRE)--May 21, 2002 Global distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or capacity will increase from 20,000 MW (megawatts) to near 300,000 MW by 2011 according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. "Distributed Generation -- Global Market Analysis, Technology Assessment and Outlook", a new study by Allied Business Intelligence (ABI Abi (ā`bī) [short for Abijah], in the Bible, King Hezekiah's mother. (Application Binary Interface) A specification for a specific hardware platform combined with the operating system. ). "Distributed generation (DG) markets have to be reexamined after Enron, the California energy crisis and the uncertainty in the Middle East. Now power quality and reliability issues are proving themselves to be crucial," said Atakan Ozbek, Director of Energy Research and author of the study. "Our study demonstrates that the need for DG is certain, yet the emerging technology manufacturers and developers and the governments across the globe are two crucial stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. that must speed up their rollouts in this decade," added Ozbek. One of the key findings in the study is that the incumbents (reciprocating engines and small gas turbines) will keep their dominance through 2005-2006. By 2005, fuel cells will be penetrating commercial markets across the globe starting in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Japan. The study also shows quality power and industrial power supply markets are expected to see higher growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. than residential markets. Industrial markets already have started to embrace DG power systems, and they will continue to do so in the foreseeable future. The largest growth potential here will be seen in the small to medium sized industrial markets. ABI exposes early DG market opportunities from a global perspective -- from the U.S. to Asia Pacific, to Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . Each regional market has a different business and regulatory landscape and DG stakeholders will need to customize their solutions for varying market applications in each region. The study analyzes a broad range of DG emerging technologies, from fuel cells to microturbines, to wind turbines. Market segment analysis ranges from industrial to commercial and residential applications. Market forecasts are provided for key regions / countries through to 2011. Critical summaries are also provided for current regulatory practices, tax practices, environmental regulations, and business considerations affecting the present and future uptake of DG technologies. Allied Business Intelligence Inc is an Oyster-Bay, NY-based technology research think tank and consultancy that offers expert advice and research on emerging technologies in the energy and communications industries. Details can be found at www.alliedworld.com or by calling 516/624-3113. |
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