CCPP demand drives gas turbine market in Asia-Pacific

Rising demand for eco-friendly cogeneration is driving growth in the Asia-Pacific gas turbine market, according to analysis by Frost & Sullivan.

The pattern is emerging as utilities and independent power producers are increasingly concerned about global warming and greenhouse gas emissions.
Asia chp
Revenues earned in the Asia-Pacific Gas Turbines Market are forecast to reach $13.16bn in 2016, rising from levels of about $10.99bn recorded in 2011.

"Gas turbines' high efficiency, operational flexibility, and low capital costs will ensure their steady adoption," said Subha Krishnan, Frost & Sullivan Energy & Environmental Research Analyst. "Ongoing research activities to further enhance gas turbine efficiency will aid market development."

For more cogeneration news

Recommend Recommend () Recommended Recommended ()
Follow COSPP on Twitter

Latest Wire News

XZERES Sees Accelerating Sales Growth, Driven by Further Adoption in Key Markets

18/12/2014 XZERES Sees Accelerating Sales Growth, Driven by Further Adoption in Key Markets

Algae Biomass Organization Welcomes Gas Technology Institute as New Corporate Member

18/12/2014 Algae Biomass Organization Welcomes Gas Technology Institute as New Corporate Member

Buckeye Power Sales and Building for America's Bravest Team Up to Make a Difference

17/12/2014 Buckeye Power Sales and Building for America's Bravest Team Up to Make a Difference

Vega Biofuels Enters Into Agreement to Increase Bio-Coal Production Capacity to Meet Demand

17/12/2014 Vega Biofuels Enters Into Agreement to Increase Bio-Coal Production Capacity to Meet Demand

Powerdyne International, Inc. Announces Agreement With ZeXen Technology

17/12/2014 Powerdyne International, Inc. Announces Agreement With ZeXen Technology

Article Archives for Cogeneration & On-Site Power Production Magazine

Whitepapers

COMPACT I/O SOLUTIONS

29/06/2012 L-3 MAPPS has been using compact input/output (I/O) solutions on recent full scope simulators and simulator I/O system replacements. This paper looks at Orchid IO and describes the wide variety of ...

fukushima daiichi Npp accident. Are there consequences for NPP simulators?

29/06/2012 A devastating earthquake and tsunami resulted in severe damage at the Fukushima Daiichi nuclear plant in Fukushima Prefecture, Japan just over a year ago. There has been extensive media coverage on...

3D VISUALIZATION AND SIMULATION TO ENHANCE NUCLEAR LEARNING

29/06/2012 The nuclear power industry is facing a very real challenge that affects its day-to-day activities: a rapidly aging workforce. For New Nuclear Build (NNB) countries, the challenge is even greater, h...

Featured Energy Jobs

View more Job Listings >>