African Steam Turbine Market On The Rise
Monday, August 16, 2010 - 09:42
in Mathematics & Economics
Coal isn't popular everywhere these days, particularly in Africa. Driven by economic growth and demand, electricity within sub-Saharan Africa is rapidly approaching supply capacity and in many countries exceeding it. The demand for new generation capacity is boosting growth in the steam turbine market for the region. The sub-Saharan African steam turbine market is expected to grow considerably due to the cost efficiencies in power production attained from coal-fired power plants in coal-rich countries, according to Frost Sullivan research. The emergence of combined cycle technologies and development of the geothermal power industry in East Africa are also likely to open up new market opportunities. read more