The hottest global gas generator market is up to U

2022-10-19
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The global gas generator market is up to US $15billion

the global gas generator market is now up to US $15billion per year and will continue to increase in the next few years. Emerging market producers in Russia and other places are also eager to forcibly enter the market, but it will take a long time and a lot of investment to catch up with the four giants of developed countries

the global gas generator market is now up to US $15billion per year and will continue to increase in the next few years. Emerging market producers in Russia and other places are also eager to forcibly enter the market, but it will take a long time and a lot of investment to catch up with the four giants of developed countries

due to the use of hydraulic fracturing technology, shale gas exploitation in the United States has developed rapidly, but it has led to the bankruptcy of some large drilling companies. On August 3, BHP Billiton of Australia announced that the valuation of some natural gas fields in the United States fell by nearly $3billion. It is precisely because of the sharp increase in shale gas production that the price of natural gas plummeted

just three days later, Chesapeake energy revealed that its profit fell sharply in the latest quarter due to the oversupply of shale gas. However, if natural gas reserves are sufficient and cheap, more natural gas will be used for power generation. This will also help a few companies that manufacture large gas-fired power turbines

even before that, when the natural gas supply was not very sufficient, gas-fired power plants also had great advantages: they were built quickly and cheaply, and the cost was only one third of the cost of gas power plants, less than one quarter of that of nuclear power plants. Producing the same unit of electricity, gas-fired power plants emit less carbon dioxide than coal-fired power plants. In addition, coal combustion will also produce various harmful gases, including sulfur dioxide and mercury

last year, the United States passed the latest strict air pollution law, which will accelerate the elimination of old-fashioned coal-fired power plants. According to the analysts of rnstein bank, who estimated that the coal-fired power plant with a power generation capacity of 66 gigawatts (accounting for about 6.5% of the total power generation in the United States) will be shut down by 2015. Natural gas will replace most of coal. Countries with abundant shale gas reserves, such as China and Australia, have not yet exploited this energy. When these countries start mining, part of the newly supplied shale gas will be used for power generation. Therefore, the world's four major gas turbine manufacturers General Motors of the United States, Siemens of Germany, Mitsubishi Heavy Industries of Japan and ALSTOM of France are looking forward to a large number of new orders

in the United States, this phenomenon has begun to take shape. Analysts at Bernstein research believe that if the current trend can be maintained, 74 new gas turbine projects will begin to operate in the United States, up from 64 last year, but still lower than the prosperity before the financial crisis, and even less in line with the crazy surge in natural gas in

one of the reasons for the slowdown in the growth of gas-fired power stations this time is that the U.S. power regulator ordered power companies to use more wind, solar and other renewable energy. Power companies in many states have a lot of idle capacity, which is another reason. In 1998, the large-scale blackout in the United States made power companies compete to build new gas-fired power plants. However, when these power plants were officially put into operation, they unfortunately encountered the economic recession in 2001

Bernstein research said that it was only the case in the United States: Although the demand for gas-fired generators in the United States used to account for 15% to 20% of the world, it now accounts for only 8% due to the rise of emerging economies. Only 4% of the total power generation in China, which is short of electricity, comes from gas-fired power generation, but this proportion is rapidly increasing. Both Ge and Siemens have established a joint venture in China with concrete antifreeze JC 475 (9) 2. Iraq, Turkey and Saudi Arabia are also likely to build more gas-fired power plants. After the Fukushima nuclear power plant accident last year, Japan may also start building new gas-fired power plants

according to Bernstein research, the global gas generator market is now as high as $15billion a year, and will continue to increase in the next few years, according to researchers at Stanford University. Emerging market producers in Russia and other places are also eager to force their way into the market. But it will take a long time and a lot of investment to catch up with the four giants in developed countries: Siemens and general motors have invested about $500million each to develop the latest turbines. But even with strong government support, potential competitors still need to overcome many obstacles to enter this market

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