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Hybrid Power Generation Market Trends 2015 - 2023

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A new market research report by Transparency Market Research, titled “Hybrid Power Generation Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 - 2023”, offers a comprehensive overview of the global hybrid po
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Hybrid Power Generation Market - Global
Industry Analysis, Size, Share, Trends,
Analysis, Growth and Forecast 2015 2023
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REPORT DESCRIPTION
A new market research report by Transparency Market Research, titled “Hybrid Power Generation Market - Global
Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 - 2023”, offers a comprehensive overview
of the global hybrid power generation market. The report analyzes the key factors determining the growth of the
market and estimates the valuation of the market during the period between 2015 and 2023. The global hybrid
power generation market has been studied on the basis of combination of equipment and feedstock. The report
further profiles some of the key players operating in the market.
In-depth research report on Hybrid Power Generation Market with Full TOC at :
http://www.transparencymarketresearch.com/hybrid-power-generation-market.html
Advancements in hybrid configurations have boosted the global hybrid power generation market. The strategic and
intelligent use of hybrid systems lowers fuel consumption significantly and reduces greenhouse gases emission
significantly. The high quality of exhaust heat from such generators can also be utilized for heating purposes. Hybrid
power plants are usually used for providing electricity grid relief and power supply during peak consumption hours.
Technological advancements have made it possible to utilize hybrid power plants for supplying base loads. The
overall market has a huge opportunity to grow with coal bed methane and shale gas being considered as valuable
sources of energy. However, increasing cost of oil and natural gas as well as surging prices of renewable capture
components such as solar panels will restrain the growth of the market.
The report studies the global hybrid power generation market on the basis of combination of equipment used to
generate energy and the type of feedstock consumed for generating power. Hybrid turbines for electricity generation
utilize combination of equipment such as diesel generators combined with wind-generated energy. Regarding
consumption of feedstock, fuel oil, natural gas, kerosene, and diesel are considered as fossil fuels whereas solar
energy and wind energy are classified as renewable. With growing concerns for greenhouse emissions, the demand
for renewable feedstock will surge during the forecast period.
The report studies the global hybrid power generation market across four key regions: Asia Pacific, North America,
Europe, and Rest of the World. In Asia Pacific, China is the emerging as the key energy consumer and is propelling
the growth of the hybrid power generation market in the region. In Japan, after the disaster at the Fukushima nuclear
power plant, the government has started replacing nuclear generation with natural gas-based hybrid generation. In
the OECD countries, the majority of thermal generation comes from hybrid power generation plants. Such power
plants are used extensively across Middle East, North America, and Europe.
Discussing the competitive landscape, the report profiles some of the key players operating in the global hybrid
power generation market such as NYE Thermodynamics Corporation, Doosan Heavy Industries & Construction Co.
Ltd., Siemens AG, Mitsubishi Power Systems Europe Ltd., and MJB International.
About Us
Transparency Market Research (TMR) is a market intelligence company providing global business research
reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insights for thousands of decision-makers.
TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with
various tools and techniques to gather and analyze information. Our business offerings represent the latest
and the most reliable information which is indispensable for businesses to sustain their competitive edge.
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