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

Follow COSPP on Twitter

Latest Wire News

KACO new energy to Provide Battery Converters and Energy Storage Systems Using Ideal Power's Power Conversion Systems

28/07/2015 KACO new energy to Provide Battery Converters and Energy Storage Systems Using Ideal Power's Power Conversion Systems

Dais Analytic's Business Affiliate in China Announces Ten-Year Strategic Energy Efficiency Business Arrangement With COFCO

21/07/2015 Dais Analytic's Business Affiliate in China Announces Ten-Year Strategic Energy Efficiency Business Arrangement With COFCO

Ideal Power Inc. to Host Second Quarter 2015 Results Conference Call at 4:30 pm ET on August 4, 2015

21/07/2015 Ideal Power Inc. to Host Second Quarter 2015 Results Conference Call at 4:30 pm ET on August 4, 2015

Spruce Capital Partners' Ganesh Kishore and Roger Wyse to Address 12th Annual BIO World Congress on Industrial Biotechnology

17/07/2015 Spruce Capital Partners' Ganesh Kishore and Roger Wyse to Address 12th Annual BIO World Congress on Industrial Biotechnology

Texas Rare Earth Resources and K-Technologies Sign Definitive Agreement to Form Rare Earth Processing Technology Joint Venture

17/07/2015 Texas Rare Earth Resources and K-Technologies Sign Definitive Agreement to Form Rare Earth Processing Technology Joint Ven...

Article Archives for Cogeneration & On-Site Power Production Magazine

Whitepapers

There is no current content available.

Featured Energy Jobs

View more Job Listings >>