Power generating on-site at the point of consumption is known as distributed generation. Large loads benefit from distributed generation because it gives reserved additional capacity, enough power for the full load, and sufficient redundancy for maintenance. Furthermore, Distributed Generation Market
provides improved performance, dependability, and power quality, all of which could have a favourable impact on the distributed generation market.
The main driver of the distributed generating market is rising electricity consumption.
The growth of the Distributed Generation Market is being fueled by rising power consumption. According to the Electronic Industries Alliance (EIA), total global energy consumption will climb from 575 quadrillion British thermal units (Btu) in 2015 to 736 quadrillion Btu in 2040, a 28 percent increase. Furthermore, energy producers are increasingly inclined to locate energy production units near consumer bases in order to ensure uninterrupted power supply, minimise power wastage due to smaller power distribution and transmission lines, and thus reduce the need for extensive distribution lines and associated costs.
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