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25 Apr 2024  |  Europe  |  Market Outlook

European Power & Energy Outlook and Growth Opportunities, 2024

Transformative Megatrends Continue to Drive Strong Growth in Europe

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The Russo-Ukrainian war has dealt a massive energy shock to Europe, galvanizing policymakers into action. 2023 saw a raft of legislation being finalized, leading to the creation of a legal framework to drive investment in clean technologies. The implementation of these policies will be critical to their effectiveness. Many of the easy decisions hav...

Gas generator sets will play an important role in the energy mix of Europe, principally for prime power applications. Mainly used in industrial and commercial applications, the gas genset market is being driven by increasing renewable power generation, which creates the need for flexible baseload power to compensate for the intermittent nature of r...

07 Mar 2017  |  Europe  |  Market Research

European Diesel Generator Set (Genset) Market, Forecast to 2020

Data Centre Applications Drive Growth of Diesel Gensets in an Otherwise Declining Market

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The slowing economic and industrial conditions in Europe are expected to play a significant role in the diesel genset market in the coming years. A steady decline in revenues is expected in the market with recovery likely from 2018. The market is mainly driven by growth in standby applications for data centres used by banks and technology companies...