3Q 2022

Natural Gas Distributed Generation Forecast 3Q22

The state of the natural gas genset, stationary fuel cell, and microturbine markets

The power sector has gradually shifted away from centralized power generation to different forms of distributed generation (DG). Aging grid infrastructure, rising emissions and increasing demand for distributed reliable power will continue to drive this shift. Diesel generator sets (gensets) are the long-established DG technology and remain the global leaders in installed capacity, due to reliability and low capital costs. However, in the face of tightening emissions regulations, the market is diversifying and NG genset technologies are becoming increasingly attractive standby power options.

Natural gas distributed generation (NGDG) technologies are anticipated to play a crucial role in the global supply of reliable power as the energy sector continues to decentralize and decarbonize. Among many benefits, small generating sources located near points of end use help offset investments in central power plants, transmission lines, and distribution systems. NGDG technologies provide a bridge fuel toward a carbon-free economy, and manufacturers are increasingly innovating and incorporating renewable sources into their fleets, with hydrogen in particular set to play a key role in the market’s future. Of the three technologies covered in this report—NG gensets, stationary fuel cells (SFCs), and microturbines—NG gensets have a significantly more established market. SFCs and microturbines have come a long way over the past several decades but need continued innovation to decrease system costs.

This Guidehouse Insights database projects global market capacity and revenue for NGDG technologies regionally and by application, which are segmented into residential, commercial, institutional, and industrial. The study provides an analysis of key market and technology developments for NG gensets (less than 6 MW), SFCs, and microturbines. Global market forecasts for capacity and revenue, segmented by technology and region, extend through 2031. Regional circumstances are considered, with particular attention in this forecast given to the European energy crisis and the US Inflation Reduction Act (IRA).

Pages 13
Tables | Charts | Figures 16
  • How do NGDG deployments vary by technology, location, and segment over the forecast?
  • How much will NGDG capacity of each technology, country, and segment likely grow until 2031?
  • How does the market outlook for distributed natural gas compare globally and in Europe?
  • What is the outlook for the various distributed natural gas technologies?
  • Natural gas generator set vendors
  • Fuel cell vendors
  • Microturbine vendors
  • Large industrial power users
  • Energy developers
  • Utilities and grid operators
  • Investor community

How to Use This File: Natural Gas Distributed Generation Forecast 3Q22

Natural Gas Distributed Generation Forecast 3Q22

Total Annual NGDG Capacity Additions by Technology, World Markets: 2022-2031

Total Annual NGDG Capacity Additions by Customer Segment, World Markets: 2022-2031

Total Annual NGDG Capacity Additions by Region, World Markets: 2022-2031

Top 5 Countries/Regions by Total Annual NGDG Revenue, World Markets: 2022-2031

Cumulative NGDG Revenue by Region, World Markets: 2022-2031

Cumulative NGDG Capacity by Segment, World Markets: 2022-2031

Annual New Installed NGDG Capacity by Country/Region, World Markets: 2022-2031

Cumulative Installed NGDG Capacity by Country/Region, World Markets: 2022-2031

Total Annual NGDG Revenue by Country/Region, World Markets: 2022-2031

Natural Gas DG Forecast 3Q22

  • Total Annual NGDG Capacity Additions by Technology, World Markets: 2022-2031
  • Total Annual NGDG Capacity Additions by Customer Segment, World Markets: 2022-2031
  • Total Annual NGDG Capacity Additions by Region, World Markets: 2022-2031
  • Top 5 Countries/Regions by Total Annual NGDG Revenue, World Markets: 2022-2031
  • Cumulative NGDG Revenue by Region, World Markets: 2022-2031
  • Cumulative NGDG Capacity by Segment, World Markets: 2022-2031
  • Total Annual NGDG Capacity Additions by Technology, World Markets: 2022-2031
  • Total Annual NGDG Capacity Additions by Customer Segment, World Markets: 2022-2031
  • Total Annual NGDG Capacity Additions by Region, World Markets: 2022-2031
  • Top 5 Countries/Regions by Total Annual NGDG Revenue, World Markets: 2022-2031
  • Cumulative NGDG Revenue by Region, World Markets: 2022-2031
  • Cumulative NGDG Capacity by Segment, World Markets: 2022-2031
  • Total Annual Installed NGDG Capacity by Country/Region, World Markets: 2022-2031
  • Cumulative Installed NGDG Capacity by Country/Region, World Markets: 2022-2031
  • Total Annual NGDG Revenue by Country/Region, World Markets: 2022-2031
  • Natural Gas DG Forecast 3Q22