The Market for Coal Power Plants in Europe (Analyst Version)
DUBLIN, June 14, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/2l4glt/the_market_for) has announced the addition of the "The Market for Coal Power Plants in Europe (Analyst Version) - Market Volumes - Projects - Strategies - Trends" report to their offering.
Investments in constructing new coal power plants are increasing again in Europe. Between 2012 and 2020, approximately about 80 power plant units will be newly constructed or replaced, which is almost twice as many as in the prior period of equal length.
On average, the new power plant units will be twice as large. Hence, the capacities for electricity generation from coal to be constructed from 2012 to 2020 will be about four times as large as those constructed between 2003 and 2011.
At the same time, the share of coal at the electricity industry's energy mix decreases. At present, only 30 per cent of the European electricity is produced by incinerating coal - with a clear downward tendency. Generating electricity from coal is inexpensive, however, it is being criticised, mainly due to high CO2 emissions. Thus, most countries' energy strategies will more and more focus on renewable energies and gas-fired power plants in the future.
Nevertheless, constructing coal power plants is booming. This is mainly due to two reasons: Europe's coal power plants are on average 34 years old. Some of them will be shut down in the years to come. And many of the old power plants that will continue to operate will have to be replaced completely instead of being modernised. Furthermore, the EU Large Combustion Plant Directive considerably tightens the specifications for flue gas cleaning by 2015. But for many older power plants it is not profitable to invest in the modernisation of the flue gas cleaning. Consequently, many of these plants will be replaced as well.
In light of this development, a team of experts analysed the European market for coal power plants in detail. This study includes our own market knowledge as well as the expertise of public administrations, business associations, operators and companies in the segment of plant construction.
The analyst version of the report "The Market for Coal Power Plants in Europe 2012/2013" includes:
- A detailed analysis of the essential political, economic, managerial and technological trends in the segments of constructing and operating coal power plants.
- A precise description of the present and the future market volumes by countries, up to and including 2020, based on a transparent and comprehensible methodology.
- An analysis and description of the competition with the most important operators and plant manufacturers of coal power plants in Europe.
For more information visit http://www.researchandmarkets.com/research/2l4glt/the_market_for.
SOURCE Research and Markets