China and India will lead boom in gas, nuclear and renewables says report

Emerging markets led by China and India will drive a global boom in gas for power generation, with nuclear and renewables also rising significantly, according to a new report.

However the research from Frost & Sullivan predicts that coal will “fall massively… as developed countries decommission capacity and emerging nations become more diversified in their fuel mix”.

The study, Annual Global Power Generation Forecasts 2012, states that in the next 20 years, the traditional developed regions will lose ground in electricity demand to emerging markets.

“Rapid urbanisation and the creation of a middle class will drive electricity consumption in these economies as a wealthier population takes up electric appliances that are considered standard in the developed world.”

Frost & Sullivan predicts the bulk of this growth will come from India, China and ASEAN, with the combined share of these three regions rising from 27.5 per cent in 2010 to 40.1 per cent in 2030. It expects the power generated by China is forecast to exceed that of North America by 2015.

While gas will be the major winner in terms of power generation, it adds that nuclear will expand strongly, with Asia driving much this growth.

Strong growth also is projected for renewables, with the wind, solar PV, CSP, biomass, geothermal and marine sectors substantially expanding their share of power generation over the next two decades.

On coal, Frost & Sullivan industry director Harald Thaler said: “The growth of coal is not far behind as emerging nations such as China and India rely strongly on this fuel. Nevertheless, growth of coal fired generation is expected to fall massively during the subsequent decade as developed countries decommission capacity and emerging nations become more diversified in their fuel mix.”

Electricity demand between 2010 and 2030 will rise fastest in India according to the report, followed by the ASEAN group of nations and then China. Conversely, the three developed regions of the EU, North America and OECD APAC will all record “relatively anaemic demand growth of 1 per cent per annum or less on average, as stagnant population increases and more efficient energy use curtail demand growth”.

Thaler said: “Given their status as rapidly developing economies and future economic superpowers, it is not surprising that the share of China and India in global electricity generation is growing across all fuel sources”.

“While both countries are very strong in hydro and wind power, it is in gas and nuclear that these nations will massively outpace developments elsewhere, albeit growing from currently very modest levels.”

The report echoes the views of speakers at POWER-GEN Asia in Bangkok last month. Peter Littlewood of Hong Kong company CLP said China would soon “master the design and manufacturing of third generation nuclear reactors”, and when that time comes it will be able to “do nuclear cheaper than anyone else in the world.”

Arun Sen, chief executive of Lanco Power International, said that Asia is “not power hungry, but power starved”. He said the rising middle classes of Asia “have risen and they have said, ‘we want power and we want it now’.”

And this, he added, meant “there has never been a better time to be a power developer in the region”. If companies “do it conservatively and do it well” he said, they would never be out of business.

In the next issue of PEi – out later this month – we publish the results of a poll of delegates at POWER-GEN Asia, which highlights the opportunities in the region both now and in the future.

Follow Power Engineering International on Twitter




Editor's Picks

Chinese yen on fire

Chinese city burning money to generate electricity

A power plant in Luoyang, Henan in China is generating power through the burning of bank notes.

Vincent De Rivaz

De Rivaz confident on Hinkley despite Areva problems

Vincent De Rivaz, chief executive of EDF, Reassured the audience at the Nuclear Industry Association’s annual conference t...
Peterhead power plant, which experienced start-up issues last week

One in ten UK power plants suffer ‘issues’ during start-up

The recent mixed results from National Grid's Supplementary Balancing Reserve (SBR) has much to do with the ageing profile...
Kangdong Thermal Power Plant

Coal-fired power plant under construction in North Korea

The North Korean government is attempting to address its chronic power shortage problems through the construction of a coa...
Sigmar Gabriel and Angela Merkel

German energy minister denies plan to shut down coal power plants

German Energy and Economic Affairs Minister Sigmar Gabriel responded to speculation regarding Germany’s coal industry to s...

PEI Magazine Issues



>> Current Issue           >> Past Issues

Latest Wire News

Bayport International Holdings, Inc. (BAYP) Announces Completion of the Brown Lease in McIntosh County, Oklahoma

Bayport International Holdings, Inc. (BAYP) Announces Completion of the Brown Lease in McInt...

National Hockey League Names Constellation Its Official Energy Provider, Will Offset Carbon Footprint Across All 30 Team Markets

National Hockey League Names Constellation Its Official Energy Provider, Will Offset Carbon ...

BioCNG, LLC Announces Groundbreaking on BioCNG Vehicle Fuel System and Pipeline for Grand Junction, Colorado's Persigo WWTP

BioCNG, LLC Announces Groundbreaking on BioCNG Vehicle Fuel System and Pipeline for Grand Ju...

Synergy Resources Corporation Provides an Operations Update, Estimating 100% Year-Over-Year Production Growth, and a Revised Fiscal 2015 Capital Forecast

Synergy Resources Corporation Provides an Operations Update, Estimating 100% Year-Over-Year ...

XZERES Sees Accelerating Sales Growth, Driven by Further Adoption in Key Markets

XZERES Sees Accelerating Sales Growth, Driven by Further Adoption in Key Markets


Editorial Guides

Lubrication Challenges for the Biogas Industry in 2015

The biogas industry is growing in importance as the world continues to look for alternative, clean energy sources. However...

How to cut your OPEX

How to cut your OPEX In a constantly evolving electricity market, factors such as over capacity and low coal costs can pu...

Alstom Editorial Guide: Thailand to showcase latest upgrade of Alstom's GT26 in combined-cycle

Read all about Alstom's new advanced GT26 gas turbine in the North Bangkok CCPP expansion project online with the Power En...

PLEXOS® Integrated Energy Model – Leading the Field in Energy Market Modelling

PLEXOS® Integrated Energy Modelling is an advanced software tool that employs the latest mathematical programming methods ...

Buyers Guide Companies

Huggenberger AG

AVC Specialists Inc

POWERCON 900 electrostatic precipitator voltage controllers, RAPPERCON 9...

Standardkessel-Baumgarte Group

Founded more than 80 years ago, Standardkessel and Baumgarte are today a...

URS

URS plans, designs, engineers, constructs, retrofits, and maintains powe...

Mid America Engine Inc

Mid-America Engine is a distributor and reseller of new and used, diesel...

Moisttech

Dynamic Systems Inc

Barcode Tracking Includes: > Equipment & Tool > Inventory > ID Badge Sys...

EPG Enginuity Portable Grid

Enginuity Portable Grid (EPG) designs and manufactures unique rental gra...

M+M Turbinen-Technik GmbH

M+M Turbinen-Technik designs and manufactures steam turbines and package...

Paharpur USA

Manufactures water cooling towers, air cooled heat exchangers (fin fan c...

Buyers Guide Products

Spare parts manufacturing / Re-engineering / CNC / CMM / Machining / workshop service

CMM/laser scanning technology (workshop, r...

Steam turbine maintenance / overhaul / (blade) repair / outage management

Outage delivery/managementOn-site inspecti...

Gas turbine maintenance / overhaul / (blade) repair / outage management

Outage delivery/managementProject manageme...

Hydro turbine maintenance / repair / overhaul / rebuild service

Outage support in workshop/on-site Site i...

Inspection service (Nondestructive testing and evaluation)

Life time evaluationPhased array /Ultrason...

Transformer Oil Moisture Measurement Instruments

Vaisala offers a wide variety of online tr...

DPT145 Multiparameter Transmitter for SF6 Gas

DPT145 is a unique innovation that enables...

SNCR - NOxOUT and HERT

25-50% NOx reduction - Urea-based Customiz...

TIFI Targeted In-Furnace Injection

Improve Fuel Flexibility - Reduce Slagging...

ASCR Advanced SCR

80% + NOx Reduction - Lower Capital and Op...

Power Engineering International

Whitepapers

Understanding Moisture Dynamics in Power Transformers

In this webinar recording "Moisture Dynamics in Power Transformers" (held originally in September 23, 2014) you will have a chance to learn about the phenomena and its importance to your ...

How to lower your total cost of ownership on DC Control Power

In this whitepaper, we look at implementing battery management solutions and how smart battery management effectively lowers the total cost of DC Control power systems and the risk of their failure...

Portfolio Optimization by PLEXOS

To achieve Portfolio Optimization, PLEXOS performs the Security Constrained Unit Commitment and Economic Dispatch using Mixed Integer Programming (MIP) to minimize a cost function subject to all op...

Evaluating cogeneration for your facility: A look at the potential energy-efficiency, economic and environmental benefits

The energy-efficiency, economic and environmental benefits of cogeneration are the subject of this in-depth white paper. The paper argues that producing electricity and heat/cooling from the same f...

The Effect of Moisture on the Breakdown Voltage of Transformer Oil

Power transformers utilize oil as a heat transfer medium and a dielectric material, together with cellulose. Breakdown voltage (dielectric strength) is one of the most important parameters of trans...

Improving Mission Critical Cooling Systems With More Reliable Level Sensing

The choice of coolant level sensor may seem like an insignificant detail when designing complex machinery such as emergency generators and cranes, but if this sensor fails, the operator has no warn...

Steps Towards a Low Carbon Future: Solutions and Technologies That Will Support the Global Revolution Required

A smart grid is becoming more and more essential as clean energy becomes more dominant. In addition, the demand for electricity is expected to treble the ability to supply it over the next decade. ...

Latest Digital Edition

  Power
  Engineering
  International
Look Inside >
Cover
Current Issue

Article Archives for Power Engineering International Magazine

Latest Energy Jobs

View more Job Listings >>