Natural gas power genaration market to be worth $37.5Bn in 2013

Tuesday 9 July 2013, Amsterdam

Our analysis indicates that the natural gas power generation market – capital expenditure on new and upgraded gas power facilities - will reach a value of $37.5bn in 2013. Over the next ten years the natural gas power generation market will see dynamic changes in reaction to varying pressures and demand profiles worldwide.

The lead analyst of the natural gas power generation report commented that ‘We are seeing a variation of factors driving demand for new gas power facilities on a regionalised scale. Growth in the Middle East is largely emanating from population and economic growth increasing electricity demand, on top of a transition away from burning oil for power generation. While in other areas of the world legislation restricting emissions from large power plants is making gas power more competitive. Efficiency is also becoming a key issue with the high cost of LNG imports and oil-linked gas prices leading power generation companies to optimise the performance of their facilities. A considerable volume of investment is therefore expected in gas power generation across the globe over the coming ten years.’

The report contains 105 tables, charts and graphs that add visual analysis in order to explain developing trends within the gas power generation market. This report provides forecasts for the period 2013-2023 in terms of capital expenditure (US$) on new and upgraded gas power facilities. This is broken down into nine major national gas power markets deciphering the local drivers and restraints and providing mid-term capacity forecasts. In addition, prospects for more speculative emerging gas power markets are considered. The report provides profiles of the ten leading gas power constructor and turbine supplier companies operating within the market providing short-term market share information.

The Natural Gas Power Generation Market 2013-2023 will be of value to current and future potential investors into electricity markets, as well as companies and research centres who wish to broaden their knowledge of gas power developments.