“Global Prospects for Coal-Fired Power Generation” added to ReportBuyer.com

July 24, 2012 - PRLog -- ReportBuyer.com has added a new report http://www.reportbuyer.com/go/FRS02856

Summary of Report  -

Market Overview

Demand from Emerging Economies to Brighten Prospects for Coal-Fired Power Generation
New environment-friendly technologies too will promote continued use of coal in the energy mix
Increasing global demand for electricity coupled with the decommissioning of old power plants is set boost the coal-fired power generation market. Global electricity generation is expected to grow from 21,224 Terawatt hours (TWh) in 2010 to 33,370 TWh in 2030. China will have unprecedented growth with about 945 GW and 1,040 GW of total coal-fired capacity in 2020 and 2030, respectively. India, on the other hand, will have 201 GW and 267 GW of coal capacity in 2020 and 2030, respectively. Domestic power demand and capacity shortages will be the key market drivers for both countries.
'North America and the European Union (EU) will continue to be key markets for coal due to large units of capacity decommissioning, which means large MW capacity orders as replacements,' notes the analyst. 'However, prospects for coal-fired power generation in Europe and North America are currently looking bleak due to the threat of tougher regulations, uncertainties over future carbon prices and the development of carbon capture and storage (CCS), rising EPC costs, and low gas prices.' These factors deter investors from investing in new plants across North America and the EU. In Asia, the opposite trend can be observed, with massive investments continuing in new plants with substantial potential for major upgrades to existing plants, some of which are less than a decade old. The coal boom in Asia is projected to continue for the next decade. 'China, India, and the rest of Asia are the key focus areas for coal-fired investment in the coming decade,' explains the analyst. 'Strong projected electricity demand growth and low production costs make the region attractive for both domestic and global participants.' In Europe and North America, activity will predominantly be focused on investment in the existing base. New coal investment will be minimal until the investment climate becomes more certain.
'In general, financing issues for large coal-fired plants are likely to recede as electricity demand across emerging geographies recovers,' remarks the analyst. 'Order levels for steam plants in Europe will pick up in a few years as capacity needs to be replaced in some countries that are affected by closures mandated by the Large Combustion Plants Directive.' Environmentally-friendly technologies, such as ultra-supercritical technology, carbon capture and storage, and coal upgrades are being further developed and order levels will increase again as the technical and commercial viability of CCS is proved.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:

European Union
Russia
The Middle East
Africa
North America
Latin America
China
India
ASEAN
OECD Asia Pacific


Global Prospects for Coal-Fired Power Generation: Exciting Opportunities in Emerging Economies to Offset Declining Prospects Across Mature Geographies, is available at:
http://www.reportbuyer.com/energy_utilities/alternative_r...