Our influential research and analysis attracts the attention of leading publishers every day.

Despite the uncertainty surrounding the country’s regulatory scenario and the overcapacity of some Combined Cycle Gas Turbine (CCGT) plants, the US is expected to remain the largest market for gas turbines in 2020.

An energy consultant from research and consulting firm GlobalData has warned that Centrica may not have got the risk-reward balance right, should a US gas exports boom drive up the Henry Hub price towards European levels.

Whilst there is an obvious incentive for the UK’s utilities to talk up the possibility of an energy gap and the “lights going out”, there is little incentive for them to invest in securing the UK’s gas supplies and develop new gas storage.

China’s continuing reliance on thermal energy will prove the key driver in the global Boiler, Turbine and Generator (BTG) market in the near future.

The global microgrid market is set for exceptional growth in the coming years, as Europe and Asia mimic the growth that has seen the US dominate the industry.

A report from the UK’s Energy and Climate Change Select Committee released today criticised the government for “crossing its fingers” that new nuclear would be built in time to replace the 9GW or so of active nuclear generation that is scheduled to be closed by 2023.

“Whisper it quietly,” says Jonathan Lane, GlobalData's Head of Consulting for Power and Utilities, “the US has a more progressive renewable support policy than Europe.”

Taxes on power generation, if not widespread, are becoming increasingly popular in Europe, as governments target utilities making significant profits from burning cheap coal in a low carbon price environment, states a GlobalData energy consultant.

Europe and the US are headed in opposite directions in regards to electricity pricing, as renewable energy subsidies, fossil fuel prices and taxation impact upon residential power prices across the two regions.

The growing need to conserve energy will see the global electricity submeter market expand by around 300% before the end of the decade.