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Global Thermal Power Market to Reach 15475 Billion Kilowatthours by...

High-efficiency combined-cycle gas turbines sector is the new frontier of gas and steam turbine markets as the industry gears for the next level of power generation - pollution free power. Coal continues its dominance as a major fuel source in the worldwide electricity generation. Asia-pacific, and Latin American regions represent the fastest growing thermal power generation market (http://www.strategyr.com/Thermal_Power_Market_Report.asp) in the world. Asia-Pacific is projected to record growth to the tune of 6.72% over the period 2001 through 2010, while Latin America is forecast to record growth of 6.39% over the period 2011 through 2015, as stated by Global Industry Analysts, Inc. Growth in these two regions are primarily due to changing lifestyles, growing population, and increasing efforts in majority of countries to enhance the electrification rates. Scarcity of water resources in Asia-Pacific region is forcing several countries in that region to opt for the development of thermal power generation or other renewable sources of energy.

China represents one of the largest and fastest growing markets for electricity consumption. The country has witnessed an extraordinary transformation in power industry during the mid 90's. Several countries across the world have already liberalized or are in the process of liberalizing their electric power markets. Effective mobilization of resources from private sector for the development and expansion of power sector drive the liberalization process in developing countries, while consistent pressures to reduce costs and prices of electricity force developed countries to deregulate their electricity markets. Power sector reforms typically revolve around attracting private investments and unbundling generation from transmission and distribution activities. According to the study, solar thermal power, an environment friendly process of power generation, is making inroads into the thermal power industry. Driven by this very reason, many developing countries are contemplating to set up solar thermal power plants to generate electricity. The concept of distributed power generation, which was primarily introduced to address the spike in seasonal demand for electricity, is gaining prominence. Distributed power generation systems are increasingly being preferred over huge power plants.

Key players operating in the market include - AES Corporation, American Electric Power Company Inc., Beijing Jingneng Thermal Power Co. Ltd., Calpine Corporation, Duke Energy Corporation, Dynegy Inc., E.ON Energie AG, Electrabel, ENDESA S.A., Enel S.p.A., EnBW Energie Baden-Wuerttemberg AG, International Power Plc, Mirant Corp., National Thermal Power Corporation Limited, Southern Company, The Tokyo Electric Power Company Incorporated, Energy Future Holdings Corp, and Vattenfall Europe AG, among others.

The report titled "Thermal Power: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends & drivers, overview of thermal power generation equipment, key markets, product overview, competitive scenario, product introductions/innovations, and recent industry activity. The study also analyzes the market in kilowatt-hours for regions such as United States, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World.

For more details about this research report, please visit http://www.strategyr.com/Thermal_Power_Market_Report.asp.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.

Telephone 408-528-9966

Fax 408-528-9977

Email press @ StrategyR.com

Web Site www.StrategyR.com

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