Furthermore, growing awareness regarding to the importance of clean energy resources is spurring growth of
the industry in the forecast period. Adoption of renewable energy reduces generation of greenhouse gas
emissions. DEG systems are fairly inexpensive in comparison with the traditional electricity generation systems.
These factors are playing a key role for the expansion of the distributed energy generation (DEG) industry over
the forecast period. Typically, power generation plants require large area and centralized processing units. With
the development of latest trend involving distributed systems, allows decentralization of energy generation
system. In distributed energy generation (DEG) systems, various energy conversion units are located near energy
consumers,as large units are replaced by small capacity units.
A distributed energy generation system is ahighly efficient, dependable and environment-friendly. Applications
of the distributed energy generation (DEG) systems are commonly found in small hydro power plants, biomass
power plants solar PV systems, wind turbines, and geothermal power units. These systems play a key role in the
electric power distribution as well. Distributed generation systems is commonly referred as multiple power
sources feeding on the single loads at multiple locations, or standalone and isolated power units located at the
point of use.
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Benefits associated with the use of the distributed energy generation (DEG) are reduction in the transmission
and distribution losses due to convenient placement and enhanced loading capabilities. The adoption of
distributed energy generation (DEG) systems allows generation of electricity from waste products or renewable
resources such as bio-mass or bio-gas, which is considered as ideal replacement for fossil fuels. The distributed
energy generation (DEG) does not require additional circuitry and uses existing single or three phase generation.
The distributed energy generation (DEG) industry is divided into regional market segment such as North
America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years
owing to the rise adoption of latest technologies and existence well-established infrastructure. Asia-Pacific
region is predicted to hold major market share in the distributed energy generation (DEG) market with massive
growth in forecast period.
Countries such as India and China leading the Asia-Pacific market with growing requirement of micro-grids and
significant investment by leading industry players due to numerous potential opportunities in the region. The
key players in the distributed energy generation (DEG) industry are Capstone Turbine Co., General Electric Inc.,
Vestas Wind Systems, Siemens Co., and Caterpillar Power Plants.
Market Segment: