Analysis Of The Mexican Distributed Power Generation Market
NEW YORK, April 11, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
http://www.reportlinker.com/p01158729/Analysis-of-the-Mexican-Distributed-Power-Generation-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Electric_power_energyInsufficient Centralized Electricity Provision Drives the Market The failure of the traditional model for the electricity market, which includes a large infrastructure for power generation, transmission, and distribution, is laying the groundwork for a distributed power generation (DPG) model. Key activities in isolated areas of Mexico, such as in mining and oil and gas, are expected to increase their gross energy consumption and therefore incorporate new DPG solutions. In isolated areas, DPG is associated with diesel gensets rather than photovoltaic and small wind turbines. Despite certain segments, such as heavy industry, being driven to DPG as a result of high electricity rates, CFE's monopoly as the sole power utility restricts DPG growth through regulations and subsidies to residential consumers. Executive Summary • The Mexican distributed power generation (DPG) market is growing and is expected to continue to do so through the forecast period.• Total market revenue was $X million in 2012 and, with a compound annual growth rate (CAGR) of X percent, will reach $X million by the end of forecast period. This growth will be in line with electricity needs.• Mexico's electricity rates are among the lowest in Latin America due to government subsidies.• Comisión Federal de Electricidad (CFE), Mexico's power utility, supplies electricity for X percent of the population. As the country's major power utility, CFE's framework is designed for centralized electricity generation systems, not DPG equipment.• The introduction of distributed generation units in Mexico is recent. Diesel gensets penetrated as a key solution in distributed power generation, and renewable technologies are also gaining momentum.• Mexico is attractive for investments in non-conventional renewable energy (NCRE) projects, because solar irradiation is excellent in northern Mexico, and the wind is constant in the south. CEO's Perspective 1. The market is developing quickly as its main customers gain economic strength.2. Cummins is the dominant firm in the Mexican distributed power generation market, controlling X percent.3. Insufficient centralized electricity provision will continue to increase the DPG market.4. Internal combustion generating sets (ICGS) remain the preferred solution in this market.5. Market revenue from renewable energy solutions is expected to increase in the medium to long term.
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