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Dual Fuel Generator Sets Outlook

  • April 2014
  • 42 pages
  • Frost & Sullivan
Report ID: 2084327

Summary

Table of Contents

The Need for Cost-effective Solutions Creates Opportunities for a Competitive Business Model

Stationary Generator Sets Comparison

•A typical duel fuel system works on x % natural gas and x % diesel.
•Main features of duel fuel generators are extended run time, low diesel fuel storage, lower capital cost per kilowatt compared with spark-ignited generators, and low maintenance cost.
•With the increasingly stringent Environmental Protection Agency (EPA) regulations, the demands for duel fuel and all natural gas generators are increasing in North America and create a potential market opportunity in coming years.

Low awareness among consumers affects uptake
Low consumer awareness of the availability of dual fuel products is seen as a major drawback to the industry.
Fuel debate—the golden edge of natural gas
According to the International Energy Agency (IEA) by 2035, natural gas is likely to become the second-most-important fuel in the energy mix.
However, there are continued uncertainties regarding the future of natural gas, particularly those connected with the potential for growth in unconventional gas supply.
Technological limitations affecting engine life and cost
There is no standard formula for the gas vs. diesel mix in the engine. Among other things, the formula depends on the site conditions, the engine type, and the gas. Also, in some cases engines have to be derated, which also increases cost.

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