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Idea Labs Industry Scorecard for Power Generation

Global power generation market: Coal to remain a major source of electricity generation


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2014-01-29 03:26:01 - Idea Labs Industry Scorecard for Power Generation - a new market research report on companiesandmarkets.com

Coal will remain a major source of electricity generation into the future. It is expected to account for x percent of all power generation in 2030. China and India will account for percent of the new demand.Approximately x percent of all natural gas reserves are controlled by national oil companies (NOCs), prompting international oil companies (IOCs) to look at new business models and diversification into power generation.Natural gas supply infrastructure will require a $x trillion global investment to meet demands. Increasing supplies have lowered prices, making gas an attractive option for power generation.To develop and begin commercial deployment of carbon capture and storage (CCS) technologies, a $x trillion investment is required to build power plants. Using carbon dioxide-enhanced oil recovery

 

 

can aid in subsidizing these investments and act as a stimulus towards CCS implementation.From 2015 to 2050, China plans to increase its nuclear capacity tenfold to x GW, leading all nations significantly. India is beginning an ambitious nuclear program as well.The European Union will generate x - percent of its electricity from offshore sites by 2020, punctuating the need for high-voltage direct current (HVDC) transmission line development to connect remote renewable assets.

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