By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
The installation and usage of small modular power-generating devices at or close to the end user is known as distributed power generation. By integrating energy management and storage technologies, it is primarily used to lower transmission and distribution losses and improve reliability.
A distributed power generation system can run in an off-grid or linked grid mode and be powered by either renewable or nonrenewable energy sources.
The global industrial distributed power system market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
The Distributed Power division was officially launched by GE . GE’s Distributed Power division, which includes three core product lines—aeroderivative gas turbines, Jenbacher gas engines, and Waukesha gas engines—is investing billions over four years globally to meet the growing need for on-site power solutions that are efficient, dependable, and sustainable.
The ecomagination programme, which is GE’s cutting-edge technological platform for boosting customer productivity and promoting cleaner energy solutions, qualifies all three product lines.
The rising demand for on-site power from large oil and gas companies and heavy industries is something that GE’s Distributed Power division will specifically target. This opportunity is valued at billions and spans a number of applications.
The region’s overall demand for electricity is expected to increase by an average of 7% over the next few years, with the industrial sector accounting for a sizable portion of the region’s current energy consumption. Industries are relying more and more on on-site power solutions to meet their demands and boost operational effectiveness.
The Distributed Power product line from GE offers the twin benefits of onsite and off-grid power supply assurance and dependability as well as the capacity to work with renewable energy options, a focus area in many nations.