A captive power plant or captive power generation facility is usually used by power-intensive industries. Industries where energy consumption is on the higher side require uninterrupted power supply. The captive power plant suffices the energy requirements of a local company or factory, and usually, the surplus energy is exported to the local energy distribution networks.
Captive power plants help in maintaining high energy efficiency as these are usually facilitated closer to the source of use. As captive power plants work on the distributed generation model, these serve the purpose of higher fuel efficiency. Energy losses on account of transmission of electricity continue to be a challenge for most industries — off-grid captive power plants can mitigate these issues.
After reading the Captive Power Plants market report, readers can:
- Understand the drivers, restraints, opportunities and trends affecting the growth of the global Captive Power Plants market.
- Analyze key regions holding significant share of the total Captive Power Plants market revenue.
- Study the growth outlook of the global Captive Power Plants market scenario, including production, consumption, history and forecast.
- Learn consumption pattern and impact of each end use on the Captive Power Plants market growth.
- Investigate the recent R&D projects performed by each Captive Power Plants market player.
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Market Dynamics
Captive power plant market is likely to witness steady growth over the course of the forecast period, on account of growing energy demand from small- and medium-scale industries. The specific benefits that captive power plants offer to small industries are likely to boost investments. Self-generation security, combined with high fuel efficiency are likely to provide an impetus to the growth of the captive power plant during the assessment period.
Installation of captive power plants in aluminum smelting processes is likely to create new opportunities for stakeholders during the assessment period. Aluminum smelting is one of the most energy-intensive units, and energy spend accounts for a significant percentage of the total production process. Even marginal reduction in energy spending can improve the bottom lines of aluminum smelting companies. Among the various alternatives available to aluminum smelting industry, captive power plants offer a feasible option.
Sensing the growing emphasis on thermal efficiency, captive power plant companies are relying on innovations. For example, in the case of aluminum smelting units, super critical thermal power plants may be better suited as compared to subcritical thermal power plants.
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The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic)
- Eastern Europe (Poland, Russia)
- Asia-Pacific (China, India, ASEAN, Australia and New Zealand)
- Japan
- Middle East and Africa (GCC Countries, South Africa, Turkey)
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The Captive Power Plants market report answers important questions which include:
- What does the status of the Captive Power Plants market look like after the forecast period?
- Which region has the highest contribution to the global Captive Power Plants market and why?
- Which players remain at the top of the global Captive Power Plants market?
- What opportunities are available for the Captive Power Plants market players to expand their production footprint?
- Which segment has the maximum impact on the global Captive Power Plants market?
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