Report: Natural gas genset installations to double by 2024

 Report: Natural gas genset installations to double by 2024

Caption: Deutz natural gas genset engine series

Annual installations of natural gas generator sets (gensets) are expected to grow from 12.9 GW in 2015 to more than 27.1 GW in 2024, according to a new report from Navigant Research.

Used for emergency standby, prime, peaking, or continuous power, natural gas-fired gensets are poised for rapid growth in the coming years, particularly in markets where inexpensive natural gas is widely available, such as North America.

“The reciprocating engines used in natural gas gensets represent a widespread and mature technology used for all types of power generation, from small portable gensets to larger industrial engines that power generators of several megawatts,” said Taylor Embury, research analyst with Navigant Research. “These engines also come in a variety of configurations that can serve multiple applications.”

The higher capital costs and fuel delivery infrastructure requirements of natural gas gensets have, in the past, been a disadvantage versus diesel gensets. However, today, the line between natural gas and diesel gensets is becoming blurred with the increasing popularity of dual-fuel gensets, according to the report.

These systems offer the energy content of diesel while taking advantage of the low price and low emissions of natural gas.

Subscribe to Power Engineering magazine

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...