Hong Kong, SAR -- (SBWIRE) -- 10/21/2010 -- Marketsensus.com announces the addition of new report “the natural gas power generation technologies market outlook: market overview, capacity, generation, new developments and the future outlook” For more information see http://www.marketsensus.com/natural-power-generation-technologies-market-outlook-market-overview-capacity-generation-developments-future-outlook-p-95911.html

While the world’s attention is increasing turning to clean energy the world’s demand for natural gas-based power grew over 6.2% from 2002 to 2007, the highest use among all fossil fuels. Natural gas-based power generation accounts for over 20% of global electricity consumption.

Concern relating to the effects of global warming is driving nations to look for cleaner sources of energy. Natural gas, being the cleanest fossil fuel, possesses the potential to become a “transition-fuel” for global economies as they transit from fossil fuels to renewable power sources.

Natural gas combined cycle (NGCC) is the most prominent natural gas-based power generation technology with close to a 60% net operating efficiency. The leading manufacturers of NGCC plan to offer the next generation NGCC systems delivering above 60% net operating efficiency in the coming 2-3 years.

Growth in natural gas-based electricity generation will primarily be driven by developed nations (especially the US, Germany and the UK). Developing economies will find that the majority of their new power capacity installation comes from coal.

The report provides insight into natural gas-based power generation technologies, new order volumes by country and the future outlook. The report also breaks down the use of natural gas as an electricity source in major economies

For more information see http://www.marketsensus.com/natural-power-generation-technologies-market-outlook-market-overview-capacity-generation-developments-future-outlook-p-95911.html