- How do NGDG deployments vary by technology, location, and segment over the forecast period?
- How much will NGDG capacity of each technology, country, and segment likely grow until 2033?
- 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?
3Q 2024
Natural Gas Distributed Generation Forecast 3Q24
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 their reliability and low capital costs. However, in the face of tightening emissions regulations, the market is diversifying and natural gas (NG) genset technologies are becoming increasingly attractive standby power options.
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 end-use points help offset investments in central power plants, transmission lines, and distribution systems. NGDG technologies provide a bridge fuel to 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 Guidehouse Insights database—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.
The Guidehouse Insights Natural Gas Distributed Generation Forecast projects global market capacity and revenue for NGDG technologies regionally and by application (residential, commercial, institutional, and industrial). The database 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 2033.
Pages
12
Tables | Charts | Figures
16
Key Questions Addressed
Who Needs This Report
- Natural gas generator set vendors
- Fuel cell vendors
- Microturbine vendors
- Large industrial power users
- Energy developers
- Utilities and grid operators
- Investor community
Table Of Contents
How to Use This File: Natural Gas Distributed Generation Forecast 3Q24
Natural Gas Distributed Generation Forecast 3Q24
Total Annual NGDG Capacity Additions by Technology, World Markets: 2024-2033
Total Annual NGDG Capacity Additions by Customer Segment, World Markets: 2024-2033
Total Annual NGDG Capacity Additions by Region, World Markets: 2024-2033
Top 5 Countries/Regions by Total Annual NGDG Revenue, World Markets: 2024-2033
Cumulative NGDG Revenue by Region, World Markets: 2024-2033
Cumulative NGDG Capacity by Segment, World Markets: 2024-2033
Annual New Installed NGDG Capacity by Country/Region, World Markets: 2024-2033
Cumulative Installed NGDG Capacity by Country/Region, World Markets: 2024-2033
Total Annual NGDG Revenue by Country/Region, World Markets: 2024-2033
Natural Gas DG Forecast 3Q24
List of Charts and Figures
- Total Annual NGDG Capacity Additions by Technology, World Markets: 2024-2033
- Total Annual NGDG Capacity Additions by Customer Segment, World Markets: 2024-2033
- Total Annual NGDG Capacity Additions by Region, World Markets: 2024-2033
- Top 5 Countries/Regions by Total Annual NGDG Revenue, World Markets: 2024-2033
- Cumulative NGDG Revenue by Region, World Markets: 2024-2033
- Cumulative NGDG Capacity by Segment, World Markets: 2024-2033
List of Tables
- Total Annual NGDG Capacity Additions by Technology, World Markets: 2024-2033
- Total Annual NGDG Capacity Additions by Customer Segment, World Markets: 2024-2033
- Total Annual NGDG Capacity Additions by Region, World Markets: 2024-2033
- Top 5 Countries/Regions by Total Annual NGDG Revenue, World Markets: 2024-2033
- Cumulative NGDG Revenue by Region, World Markets: 2024-2033
- Cumulative NGDG Capacity by Segment, World Markets: 2024-2033
- Annual New Installed NGDG Capacity by Country/Region, World Markets: 2024-2033
- Cumulative Installed NGDG Capacity by Country/Region, World Markets: 2024-2033
- Total Annual NGDG Revenue by Country/Region, World Markets: 2024-2033
- Natural Gas DG Forecast 3Q24
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