DUBLIN--(BUSINESS WIRE)--The "Global Floating Power Plant market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global floating power plant market in terms of volume, is expected to grow close to 11,000 MW by 2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is hybrid floating solar power plants. Floating solar power plants face the issue of intermittency, which can be addressed by incorporating another renewable power system with the floating solar power plant. The hybrid floating solar power plant helps provide baseload electricity for floating solar power plants.
According to the report, one driver in the market is need for alternate power solution. Generally, electric power is supplied over a grid network, with power being generated from a central location. However, in an event where a power plant fails or when a power plant is unable to meet the entire load, it can affect the functioning of critical facilities such as hospitals, schools, and businesses.
Further, the report states that one challenge in the market is high project cost. Ocean energy holds immense potential, and while it has attracted interest from several industry players, it contributes to only a small share of the final energy generation. The technology has not taken off as other renewables such as solar and wind.
Key Trends
- Hybrid Floating Solar Power Plants
- Development of Floating Offshore Wind
- Advances in Technology
Key Vendors
- Karadeniz Holding
- Ocean Power Technologies
- SIMEC Atlantis Energy
- Trina Solar
- Wartsila
- Yingli Solar
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Technology
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/5p8m5k/global_floating?w=4
