New Report Offers Analysis and Insights on Flexible Power Plants Powered by Medium Speed Generators

Flexible power plants that are powered by medium speed generators (300-1200 rpm) can balance demand and supply in the realm of generation of power. Flexible power plants can even deploy new generation and resources for transmission. Such kind of power plants have the ability of adapting to changing conditions. Due to an exponential rise in the population of the world, there is a corresponding rise in commercial and industrial activities. Especially, there is an increasing demand of electricity from the countries located in the Asia Pacific, Latin America and Middle East & Africa in order to be secure in the form of uninterrupted supply of energy so that their growth can be powered without any interruption. The demand of electricity is thus rising due to growing industrialization and rapid urbanization. However, the electricity production is not keeping pace with the rising demand all over the world. It is here that the opportunity for flexible power plants lies, and they can bridge the gap between power generation and power consumption. Generators are installed in many industrial areas as there is unpredictable power supply or an utter lack of it. Same is the case with commercial and industrial users that install generators in order to ensure uninterrupted power supply. Hence, the demand for generator sets has been boosted and such type of generators run on diesel, natural gas or renewables. In order to study the market for flexible power plants in greater detail, Market Research Hub has included a new report in its database titled ‘Flexible Power Plants Powered by Medium Speed Generators (300-1200 rpm) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025’.

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Scope of the Report
Much of the research efforts have been carried out in the form of primary research which is supported by comprehensive secondary research. In order to understand the market and for the purpose of competition analysis, annual reports, product literature and press releases have been studied. Due to this methodology, market data can be obtained accurately, identifying business opportunities in the process.

Some of the secondary sources that were referred in order to synthesize this report include websites of companies, financial reports, relevant patent databases, regulatory databases, annual reports, exclusive internal and external databases, etc. In addition, government documents, news articles, statistical databases, news articles, specific webcasts related to companies, press releases have also been referred to. Also, ICIS regulatory database, Bloomberg and Factiva databases have also been used to prepare this report.

Besides, primary interviews have been conducted with important industry players and commentators in order to validate the analysis and data gathered. Also, primary and secondary research has been leveraged to list out the factors used to arrive at the forecasts for the flexible power plants report. Such primary and secondary research helps in validating and strengthening the findings of the research and developing the expertise of the team involved in research by helping them garner a better understanding of the market.

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Competition Landscape
Important companies that are active in flexible power plants market include Beta Marine Ltd., Kirloskar Oil Engines Ltd., MAN Diesel & Turbo, DOOSAN Engines, Contour Global, Cummins, Yanmar Co., Alstom Power, Siemens AG, Wartsila Corporation, Kohler Co., Ltd., COELMO, Daihatsi Mfg. Co., Ltd., and Eastern Generation LLC.

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This release was published on openPR.