FEATURE Oil & Gas
Gas engines market analysis
According to an analysis by ESOMAR, a Netherlands-based not-for-profit membership organisation providing data analytics, research and insights, the gas engines’ market share is likely to reach $7bn within ten years, up from $4.6bn in 2021, expanding at a steady compound annual growth rate of 4%
C
onsumption of energy on a global scale has risen dramatically during the last decade, mostly attributed to the
Asia Pacifi c region’s rising economy. As a result, natural gas is frequently used as a bridge fuel to help economies move to renewables and other sustainable energy sources.
Natural gas accounted for some 25% of total primary energy consumption worldwide in 2020 and is expected to grow. In addition, natural-gas-fi red power plants are more aff ordable and straightforward to construct than coal-fi red ones.
When a gas motor for bicycle is utilised instead of coal, the air quality generally improves. As a result, demand for all types of gasoline-fuelled engines increased. Cogeneration, trigeneration and quad- generation technologies further improve the effi ciency of gas-fi red power plants. In industrialised nations such as the US, the UK and Germany, cogeneration and trigeneration systems are regularly used. The effi ciency of combined heat and power plants ranges from 60% to 80%. As a result, developing countries will soon adopt gas engines to attain operational excellence and signifi cantly cut their carbon footprint. On the other hand, the Covid-19 pandemic severely damaged the world’s economy and energy industry, disrupting supply chains and suff ocating demand. The pandemic had a signifi cant economic impact on a wide range of industrial sectors, including manufacturing, power generation, renewable energy, nuclear energy, and oil and gas.
Report findings In summary, ESOMAR’s report fi ndings are:
• Rising energy consumption and worries about energy security will drive demand for natural gas and mini gasoline engine in the coming years. In addition, the inexpensive cost of gas and its ease of transportation and handling have sparked considerable interest in the desire for gas- powered engines.
44 May 2022 | Automation
• The global gas engines market may be divided into 10-20MW, 5-10MW, 2-5MW, 1-2MW and 0.5-1MW segments. The 10-20MW and 5-10MW categories are predicted to have the largest market share, followed by the 2-5MW categories. • Engine manufacturers have responded
by off ering new, purpose-built natural gas engines ranging in size from tiny light-duty engines rated at a few kW to low-speed two-stroke fuel marine engines rated at over 60MW.
• Rapid urbanisation and rising population worldwide are two signifi cant factors driving power demand, particularly the Honda gx270 generator in emerging nations, boosting the global gas engines market growth.
Competitive landscape The global gas engines market is dominated by Rolls-Royce Holdings (UK), Volkswagen (M.A.N. Energy Solutions) (Germany), Siemens Energy (Germany), INNIO (Austria), Cummins (U.S.), Mitsubishi Heavy Industries, Ltd. (Japan), Kawasaki Heavy Industries, Ltd. (Japan),
Ningbo C.S.I. Power & Machinery Group Co., Ltd. (China), I.H.I. Power Systems (Japan), J.F.E. Engineering Corporation (Japan)
It is expected that Rolls-Royce Holdings will introduce engine running periods of up to 96,000 hours between overhauls for the newest MTU Series 4000 engines for commercial maritime applications. In general, depending on the duration and intensity of operation, all marine engines of the newest MTU Series 4000 may now run for up to 25 years before requiring signifi cant maintenance.
In the US, Caterpillar bought Carbon Point Solutions in late 2021 to concentrate and trap CO2
. Carbon capture systems
based on patented technologies can be used in engines and gas turbo at oil and gas sites, distributed power plants, industrial plants and waste-to-energy sites. This collaboration will help with the reduction of greenhouse gas emissions. And in Germany, Siemens Energy mid- 2021 deal with Spanish E.P.C. contractor TSK now off ers highly-effi cient energy technologies and services.
automationmagazine.co.uk
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