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Country focus: Coal phase out and gas hub ambitions fuel Greek LNG plans [Gas in Transition]

Plans for a second LNG import terminal in Greece are well advanced, with the aim of supplying gas to the wider region. The increased availability of gas in the country, from multiple sources, are making possible the early replacement of coal-fired generation with cleaner burning gas, a motivation which is also driving gas demand and pipeline investment in neighbouring countries. [Gas in Transition, Volume 1, Issue 4]

The Worldwide Generator Sales Industry is Expected to Reach $26 5 Billion in 2026 at a CAGR of 5 9% from 2021

Share this article DUBLIN, May 17, 2021 /PRNewswire/ The ResearchAndMarkets.com s offering. The generator sales market is expected to grow from an estimated USD 19.9 billion in 2021 to USD 26.5 billion in 2026, at a CAGR of 5.9% during the forecast period. Generators can be used in standby, prime, continuous, and peak shaving applications in various end-user sectors such as industrial, commercial, and residential. The main driver of the generator sales market is the rising demand for uninterrupted and reliable power supply from end-users and increased demand for IT infrastructure management. Rising adoption of energy storage technologies can act as a restraint for the generator sales market.

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