New Delta-ee Research Forecasts Growth for Small Scale CHP in the UK over the Next 5 Years
EDINBURGH, Scotland, April 17, 2014 /PRNewswire/ --
This week, Delta-ee launched the Distributed Power Service, a new global research service which considers current trends and future opportunities for distributed power systems in the world's leading markets. A report on the UK market for small-scale gas engines has now been published. All gas engines used within CHP and stationary power applications - and with capacities ranging from 400 kWe to over 10 MWe - have been considered.
The report shows some interesting trends - John Murray, Manager of the Distributed Power Service comments:
"The UK gas engine market has improved steadily since the major slump in 2008 and we expect the market size for the 400 kWe and 2 MWe size band to double between now and 2020 driven by improving spark spreads and a supportive policy framework for biogas installations.
Overall, we expect strongest growth among the smaller sized gas engines - primarily those under 1 MWe in capacity. Increasingly, we are seeing CHP systems installed within commercial and public buildings while policies are tending to favour smaller systems. Furthermore, as spark spreads improve, small systems which were previously prohibitively expensive are becoming more viable. Specifiers are also turning to CHP solutions in order to meet energy efficiency targets in new build developments."
The full UK Country Report is available via the Delta-ee Distributed Power Service, a subscription-based research service. Reports on Germany and the USA will be published over the next two months. For more information, please contact john.murray@delta-ee.com.
Further information is available on the Delta-ee website at http://www.delta-ee.com where you can also read our blog.
Notes
Delta-ee (http://www.delta-ee.com) is a specialist decentralised energy research and consulting company. The Distributed Power Service covers global markets and provides in-depth market insight to help you grow your business in an increasingly dynamic energy sector. We have designed this service to be as accessible and relevant as possible with Market Intelligence updates regularly sent to subscribers, covering policy updates, product developments, energy price movements, and more. In-depth country reports are published throughout the year alongside segmented sales data and future projections to 2020
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