Annual installations of natural gas generator sets to more than double by 2024, says Navigant

Used for emergency standby, prime, peaking, or continuous power, gensets fueled by natural gas are poised for rapid growth in the coming years, particularly in markets where inexpensive natural gas (NG) is widely available, such as North America. Economic growth in the developing world, meanwhile, is increasing the demand for reliable backup power - and it is hard to beat the reliability and quick response time of a genset. According to Navigant Research, annual installations of NG gensets are expected to grow from 12.9GW in 2015 to more than 27.1GW in 2024.

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