Introduction
In the current industrial landscape, environment policies and growing demand for greener power generation alternatives is the need of the hour. Further, provisions are in place to reduce dependency on fossil fuels for power generation and increase adoption of environment-friendly alternatives such as natural gas. In addition, several power generation companies are focusing on curbing global warming by reducing their environmental footprint by implementing research and development activities.
This Fact.MR Report tracks Natural Gas Turbine Market Demand and Sales, with a detailed analysis on the drivers, restraints, opportunities, and threats for existing players as well as new companies.
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Global Natural Gas Turbine Market: Growing Emphasis on Reduced Emissions
A key challenge backing up the intermittent power generation with gas is significant increase in emissions, which is attributed to several factors such as high level of NOx and Co emissions by operating gas turbine at low loads. Rapid changes in the turbine output are linked with disruption of equilibrium between the selective catalytic reduction and fuel.
Additional pilot fuel needed during the load alterations further results into increased NOx emissions. Moreover, maintaining accurate ammonia injection level in SCR is more challenges when the turbine load is changing. In a bid to curtail emission challenges, fast ignition turbine technology, imperative for combined cycle plants to initiate & ramp, while responding to grid fluctuations, is a key attribute of R&D efforts currently.
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Essential Takeaways from the Natural Gas Turbine Market Report
- Comparison of prominent players operating in the Natural Gas Turbine market.
- Recent developments and key strategies adopted by market players.
- Study of the micro and macro-economic growth indicators.
- Impact of the various factors on the value chain of the Natural Gas Turbine market.
- Growth opportunities for emerging market players in various regional markets.
- Current trends influencing the scenario of the Natural Gas Turbine market.
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Key Regions Analyzed
- North America
- Latin America
- Europe
- Asia-Pacific
- Middle East & Africa
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