Global Gas Turbine Market Likely to Decline by 2020
The global gas turbine market is expected to decline in the coming years. Concerns over global warming and carbon emissions have led many countries to adopt stringent emissions regulations, encouraging the use of renewable energy sources for power generation. Gas is the cleanest fossil fuel, and is being increasingly used to support the intermittent generation from renewable sources. However, despite strong demand in many countries, the growth of gas-fired power will be restricted in the long term due to limited...
View full press release