Cleaner, More Efficient Coal-based Technologies Drive New Growth Opportunities in Power Generation
December 8, 2016 | Frost & SullivanEstimated reading time: 2 minutes
![](https://iconnect007.com/application/files/7416/3122/7634/Power_Generation.jpg)
The relatively high efficiencies and production rates of renewable energy sources are highlighting the need to make coal-based technologies clean and more effective. Coal-based power production accounts for approximately 41% of global electrical energy produced, and will continue to dominate the market for the next two decades. Government funding and private participation are already bringing promising coal-based power generation technologies to the forefront.
“Efficient oxygen carriers and combined cycle plant techniques are propelling the power generation market forward,” said TechVision Research Analyst Guhan Sriram R V. “Within the next five years, the development of efficient materials for chemical looping combustion (CLC), along with improvements in reliability of integrated gasification combined cycle (IGCC) plants and carbon sequestration efficiencies, can be expected.”
Power Generation Technologies of the Future, analysis from Frost & Sullivan’s TechVision Energy & Utility subscription, offers continuous tracking and monitoring of both technology and product developments. The study also covers advancements, market and technology trends and predictions that will result in the creation of new markets, products and services, business models and even new industries within the energy and utility sector.
Click here for complimentary access to more information on this analysis and to register for a Growth Strategy Dialogue, or a free interactive workshop with Frost & Sullivan’s thought leaders.
Beyond 2020, CLC will begin to take over as - similar to CO2-based powergeneration technologies – it is approaching the commercialisation phase. Coal fired magnetohydrodynamic (MHD) is another promising technology; although it is still in the early stages of development.
“For now, IGCC will dominate clean power production,” noted Sriram. “The technologies that IGCC are based on, like gasification and steam turbine based power production, are quite well established and any development in these technologies can be easily incorporated to IGCC to improve its performance.”
These solutions hold the potential to drive adoption by improving combustion rates significantly, reducing greenhouse gas (GHG) emissions, and increasing efficiencies through better carbon capture opportunities.
About TechVision
Frost & Sullivan's global TechVision practice is focused on innovation, disruption and convergence, and provides a variety of technology-based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision programme, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision programme is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.
Suggested Items
Daeduck Electronics Developed Large Body FCBGA Substrate for Data Centers
06/26/2024 | BUSINESS WIREEstablished in 1965, Daeduck Electronics holds the distinction of being Korea's pioneering mass-producer of PCBs (Printed Circuit Boards), thus contributing significantly to the advancement of the nation's electronics sector for over six decades.
Ansys Multiphysics Signoff Solutions Certified for Samsung’s 2nm Power Backside Delivery Technology
06/26/2024 | ANSYSAnsys power integrity solutions have been certified by Samsung Foundry for use with Samsung’s new SF2Z 2nm gate-all-around manufacturing technology.
Forty Years of Innovation at Electra Polymer
06/26/2024 | Marcy LaRont, PCB007 MagazineIn this engaging interview, Don Monn, national sales manager at Electra Polymers, talks about the company's 40th anniversary and recent developments in inkjet solder mask technology. Don shares insights on the company’s history, commitment to innovation, and the environmental benefits of its products. He discusses the challenges and advancements in the circuit board industry since the 1990s, emphasizing the importance of education and mentorship. The conversation highlights Electra's strategic investments and their confidence in future growth.
Space Engine Systems Announces Partnership With ASEI (USA) to Develop Hypersonic Solutions for Missiles
06/26/2024 | BUSINESS WIRESpace Engine Systems (SES), following on its success in securing a place in UK MoD’s Hypersonic Technology and Capability Development Framework (HTCDF), is pleased to announce a partnership with Applied Systems Engineering Inc (ASEI) of the US.
Rohde & Schwarz Joins AI-RAN Alliance and Leverages its T&M Expertise to Unlock Potential of AI for Wireless Communications
06/25/2024 | Rohde & SchwarzRohde & Schwarz has become the latest member of the recently formed AI-RAN Alliance. As a global leader in wireless testing, the company will contribute its T&M expertise to this new collaborative initiative, which aims to integrate artificial intelligence (AI) into wireless communications to advance radio access network (RAN) performance and mobile networks.