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SOURCE Research and Markets
DUBLIN, Jan. 17, 2014 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/rbtj2s/coal_fired_power) has announced the addition of the "Coal Fired Power Generation Market for Residential and Commercial Applications - Global Industry Analysis, Size, Share, Growth, Trends & Forecast, 2013 - 2019" report to their offering.
Coal fired power generation is one of the oldest techniques of producing energy that can be subsequently converted into electricity. This technology has been supplemented with a readily available and steady raw material source - coal. The extensive production and distribution of coal has been one of the most important factors boosting the market for coal fired power generation in the past few decades.
The ever-increasing demand for electricity from various industries such as steel, refining, chemicals and also residential applications have been pushing the demand for coal of different grades and varieties. With an unsteady and an insufficient supply of power sourced from renewable sources such as solar, wind, hydro and nuclear energy and the advancement I coal combustion technologies, the demand for coal fired power generation has seen an unprecedented rise in demand and is expected to expand further over the next few years.
Pulverized coal systems were the oldest and most commonly used combustion technology for burning coal for the past few decades. Combined with cyclone furnaces, these plants accounted for a majority of the market in the last few years. Due to concerns over the release of large quantities of greenhouse gases from combustion of coal in these systems, the market shifted slowly towards cleaner forms of coal-energy generation such as fluidized bed boilers and coal gasification technologies. In 2012, pulverized bed techniques accounted for the largest share of the market while cyclone furnaces accounted for about 30% of the market. Fluidized beds and coal gasification, the cleaner technologies, are expected to show the highest growth numbers and are anticipated to grow at a CAGR of about 4.1% between 2013 and 2019.
Coal fired power has been the most steady source of electricity for various industries such as refineries, textiles, steel, chemicals and others. These industries along with the IT sector and other commercial ventures have shown the greatest demand for power and are hence the largest market for coal fired power generation. At the same time, huge advances in urbanization and greater demand for power in day-to-day life have been driving the market for residential applications of coal fired power.
Key Topics Covered:
2 Executive Summary
3 Coal fired Power Generation - Industry Analysis
4 Coal Fired Power Generation Market - Technology Analysis
5 Coal Fired Power Generation Market - Application Analysis
6 Coal Fired Power Generation Market: Regional Analysis
7 Company Profiles
For more information visit http://www.researchandmarkets.com/research/rbtj2s/coal_fired_power
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