PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Emission Control Standards Energize the Asia Pacific Power Plant Services Market Finds Frost & Sullivan - Southeast Asia generated US$795.2 million, while ANZ accounted for US$429.7 million of the total revenue in 2010 - Energy.Frost.com
Emission Control Standards Energize the Asia Pacific Power Plant Services Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Singapore, Singapore, 2011/09/07 - Southeast Asia generated US$795.2 million, while ANZ accounted for US$429.7 million of the total revenue in 2010 - Energy.Frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The rise in green consciousness all over the world has exerted pressure on power plant owners to build new plants that emit fewer pollutants and adhere strictly to globally-approved standards of emission control. As most of the planned power plants in Southeast Asia and Australia and New Zealand (ANZ) regions are based on coal-fired technology, there is an urgent call to adopt advanced power generating techniques. These novel solutions not only aid compliance with emission standards but also increase energy efficiency and plant availability rate.

New analysis from Frost & Sullivan (energy.frost.com), Asia Pacific Power Plant Services Market, finds that the Southeast Asian and ANZ markets together earned revenues of US$946.7 million in 2010. This is likely to grow to US$1.54 billion in 2017 due to increasing investments in power plants, renovation and modernisation of existing power plants and growing presence of independent power producers that are more open to outsourcing power plant services.

"The use of advanced technologies in power generation will provide more opportunities for power plant service providers to offer highly skilled and prompt service to utilities and independent power producers," says Frost & Sullivan Program Manager Suchitra Sriram. "The future of the power generation equipment manufacturers is not just limited to selling high-end technical equipment but include the provision of technologically competent, prompt, timely and cost-effective service."

Regular power plant servicing serves the dual purpose of improving the energy efficiency of the plant as well as deferring significant capital investment in new plant constructions in the short term. Technological advancements in main power plant equipment, an ageing fleet, and plants’ rising concerns about emission all contribute to the need for plant servicing.

While servicing can help postpone the construction of new plants, it is not possible to entirely do away with the need to set up new ones, mainly due to the escalating demand for electricity, which in turn, is a consequence of the population explosion and increasing rate of urbanization. Despite the market’s huge potential, there are limited operation and maintenance (O&M) outsourcing opportunities, as these tasks are normally undertaken by the in-house staff of power plants.

Power plants continue to view power generation and operation as their core business and seldom outsource these functions to service providers. Most power plant owners in the region perceive long-term service agreements with OEMs as very expensive, incommensurate with the value it offers. Hence, in many cases, power plant owners undertake maintenance and repair services through open tenders, on a transactional basis.

Although power plants are mostly reluctant to relinquish control over O&M, utilities do see some merit in outsourcing power plant servicing to its subsidiary service companies.

"The expanding presence of independent power producers (IPPs) in the power market and the mounting pressure on utilities to decrease operating costs are likely to enhance outsourcing opportunities over the next six to seven years," notes Sriram. "The market is expected to expand once technically advanced power generating equipment gets deployed across greenfield, brownfield and re-powering power plants."

If you are interested in more information on this study, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

Asia Pacific Power Plant Services Market is part of the Energy & Power Growth Partnership Services program, which also includes research in the following markets: North American Power Plant Services Market, Strategic Analysis of the Power Plant Services Market in Russia, Western European Power Plant Services Market and Strategic Analysis of CEE Power Plant Services Markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Asia Pacific Power Plant Services Market / P48D

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Emission Control Standards Energize the Asia Pacific Power Plant Services Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Donna Jeremiah / Carrie Low 
+603-6204-5832 / +603-6204-5910 djeremiah[.]frost.com / carrie.low[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Energy Most Recent Related Newswires:

GE’s First Power Services Remote Monitoring and Diagnostics Center in Asia Pacific Enables Increased Performance through Analytics
Vestas Secures Order for 101 MW in the United States
PPG to Distribute Wastewater Substrate-repair Products from Sauereisen
Enel Begins Operations At World’s First Commercial Geothermal-hydro Hybrid Power Plant
Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)