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AUSC Technology A Major Trends In Power Generation Market Says a Report From TBRC

The global power generation market reached a value of nearly $1,341.6 billion in 2018, having grown at a compound annual growth rate (CAGR) of 2.4% since 2014, and is expected to grow at a CAGR of 3.5% to nearly $1,537.5 billion by 2022. View complete report @ https://www.thebusinessresearchcompany.com/report/power-generation-market .

Thermal power generation companies are investing in Advanced Ultra-Supercritical (AUSC) pulverized coal technology to increase plant operating efficiencies and reduce carbon emissions. AUSC operates with temperatures in the range of about 700-750°C. This technology also operates with efficiency greater than 50% and significantly reduces carbon emissions at the source. Many government-owned and private power producers are investing in these technologies to enhance power plants’ efficiencies and reduce carbon emissions. In June 2017, the Indian government introduced a national mission on advanced ultra-supercritical technologies for cleaner coal utilization. The estimated carbon dioxide emission rate from coal-based power plants was about 40%.
Installing solar power production panels on large areas of land has been the general trend for solar power generation. This can lead to utilizing farmland or disturbing a healthy ecosystem. In land-scarce countries, particularly Southeast Asian countries such as Singapore, the widespread use of solar power generation systems is hindered by space constraints and limited roof space. Densely populated countries such as Japan, China and Southeast Asian nations are facing land scarcity for solar panel installations, and so are adopting floating solar models. As more installations of solar power generation units are carried out, land scarcity is expected to be a major restraint on the industry.

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