Free press releases distribution network?

More news: Energy
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Frost & Sullivan Anticipates Exciting Prospects for Gas-fired Power Plants in a De-Carbonising Europe - European gas and steam turbines market to regain momentum between 2012-2014: estimated revenues of over 2 billion - Energy.Frost.com
Frost & Sullivan Anticipates Exciting Prospects for Gas-fired Power Plants in a De-Carbonising Europe

 

PRZOOM - /newswire/ - London, United Kingdom, 2011/09/06 - European gas and steam turbines market to regain momentum between 2012-2014: estimated revenues of over 2 billion - Energy.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The western European steam and gas turbines market witnessed an all-time low during 2009-2010. However, it is expected to recover in the medium-to-long term despite the uncertainties pertaining to carbon trading, legislations in the electricity sector and imminent rises in commodity prices.

Orders placed with manufacturers during the buoyant market conditions of 2007-2008 had sustained them during the difficult times. However, these legacy orders have now been fulfilled. New orders are still low in number, but they are anticipated to increase from 2012.

New analysis from Frost & Sullivan (energy.frost.com), Western European Gas and Steam Turbines Market, finds that the market earned revenues of $473 million in 2010 and estimates this to reach $2,138 million in 2017.

"Electricity demand from both mature and emerging economies and decommissioning of not only old conventional thermal power plants but also nuclear power facilities are the key factors driving the western European gas and steam turbines market," notes Frost & Sullivan Industry Analyst Pritil Gunjan. "High replacement needs across the United Kingdom, Germany, France and Italy due to decommissioning capacity and the need to comply with legislation will fuel the demand for both gas and steam turbines in these regions."

The western European market for gas and steam turbines offers a positive outlook, as it will regain momentum between 2012 and 2014. The prospects for both gas and steam turbines are in line with developments within the power generation industry.

"In addition, other forms of environment-friendly technologies such as co-generation are poised to develop further, contributing to the demand for steam turbines" explains Gunjan

The recent economic uncertainty and global financial crisis are likely to be the key restraints in the short term. Lack of adequate access to credit finance and concerns regarding economic conditions may result in delays of projects coming live as planned.

"Given that Europe commands only 3 per cent of the world's gas reserves, most of its demand is expected to be met by imports, thereby rising the import dependency of western European countries," cautions Gunjan "However, recent prospects of unconventional gas-fired plants in Europe and the United States are likely to reduce supply pressure for natural gas in the future."

With increasing competition in the market, it is important to expand geographically. Focus on technological advances and further expansion across vertical applications will sustain the growth momentum among key equipment manufacturers.

"Attractive growth opportunities in the emerging regions of the Middle East, Africa and Southeast Asia will support market development," concludes Gunjan. "Moreover, an emphasis on technological improvements such as increased efficiency, syngas, fuel flexibility and carbon capture will drive growth opportunities."

If you are interested in more information on this study, please send an email with your contact details to Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com.

Western European Gas and Steam Turbines Market is part of the Energy & Power Growth Partnership Service programme, which also includes research in the following markets: Annual Global Power & Energy Outlook, Global Wind Power Markets and Asia Pacific Power Plant Services Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Western European Gas and Steam Turbines Market / M6E8

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Anticipates Exciting Prospects for Gas-fired Power Plants in a De-Carbonising Europe

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Chiara Carella 
+44 (0) 20 7343 8314 chiara.carella[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Press Releases:

GE’s First Power Services Remote Monitoring and Diagnostics Center in Asia Pacific Enables Increased Performance through Analytics
Vestas Secures Order for 101 MW in the United States
PPG to Distribute Wastewater Substrate-repair Products from Sauereisen
Enel Begins Operations At World’s First Commercial Geothermal-hydro Hybrid Power Plant
Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today