The Europe Captive Power Generation Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
The most searched technologies for establishing captive enterprises are renewable energy sources, particularly wind and solar. There are additional advantages associated with RE that are provided by the federal and state governments, making them a desirable choice for investors. For instance, under a number of government initiatives and policies, several textile businesses installed captive wind power plants. These industries received a capital subsidy for the installation of captive plants. Grid-connected solar systems are also eligible for easier financing, reduced import duties, excise taxes, and tax breaks in addition to the incentives within a number of countries.
Net metering, which entails installing a bidirectional power meter at the user's location and allowing the excess energy produced to be fed into the grid to further reduce expenses, is another advantage of the captive power plant. Captive power offers a more affordable alternative for energy-intensive sectors compared to power from discoms, which levies additional surcharges or cross-subsidies from the industry.
Captive generators have the ability to open access cross-subsidies and surcharges are not applicable to captive plants. Therefore, for the industries where power is a major cost input, this could result in enormous savings. The grid can also benefit from captive power, particularly when there is a power shortage. In order to address the problem of the power deficit, which has significantly decreased, the government has supported captive power generation.
The Production of energy is reducing in the region owing to several factors and is unable to meet the demand. Lower electricity production has been caused by the recent increase in natural gas prices in Europe as a result of increased energy demand, cold periods throughout the region, and slower winds needed to operate wind turbines. The energy crisis that Europe is currently going through highlights the importance of having a variety of energy sources, with captive power generation playing a significant role. To assure on-demand energy supply, attention should be focused on developing storage for variable electricity generation via solar PV and wind farms.
The Germany market dominated the Europe Captive Power Generation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $46.5 billion by 2028. The UK market is anticipated to grow at a CAGR of 3.9% during (2022 - 2028). Additionally, The France market would witness a CAGR of 5.6% during (2022 - 2028).
Based on End User, the market is segmented into Industrial, Commercial, and Residential. Based on Fuel Type, the market is segmented into Coal, Gas, Diesel, and Others. Based on Technology Type, the market is segmented into Gas Engines, Transformers, Turbines, Heat Exchanger, and Others. Based on Ownership, the market is segmented into Multiple and Single. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Captive Power Generation Market is Predict to reach $691.4 Billion by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, General Electric (GE) Co., Kohler Co., Reliance Industries Limited, Hindalco Industries Ltd. (Aditya Birla Management Corporation Pvt. Ltd.), ArcelorMittal S.A., Wärtsilä Corporation
Scope of the Study
Market Segments Covered in the Report:
By End User
- Industrial
- Commercial
- Residential
By Fuel Type
By Technology Type
- Gas Engines
- Transformers
- Turbines
- Heat Exchanger
- Others
By Ownership
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- General Electric (GE) Co.
- Kohler Co.
- Reliance Industries Limited
- Hindalco Industries Ltd. (Aditya Birla Management Corporation Pvt. Ltd.)
- ArcelorMittal S.A.
- Wärtsilä Corporation
TABLE 1 Europe Captive Power Generation Market, 2018 - 2021, USD Million
TABLE 2 Europe Captive Power Generation Market, 2022 - 2028, USD Million
TABLE 3 Europe Captive Power Generation Market by End User, 2018 - 2021, USD Million
TABLE 4 Europe Captive Power Generation Market by End User, 2022 - 2028, USD Million
TABLE 5 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Residential Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Residential Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Captive Power Generation Market by Fuel Type, 2018 - 2021, USD Million
TABLE 12 Europe Captive Power Generation Market by Fuel Type, 2022 - 2028, USD Million
TABLE 13 Europe Coal Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Coal Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Gas Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Gas Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Diesel Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Diesel Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Captive Power Generation Market by Technology Type, 2018 - 2021, USD Million
TABLE 22 Europe Captive Power Generation Market by Technology Type, 2022 - 2028, USD Million
TABLE 23 Europe Gas Engines Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Gas Engines Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Transformers Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Transformers Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Turbines Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Turbines Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Heat Exchanger Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Heat Exchanger Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Captive Power Generation Market by Ownership, 2018 - 2021, USD Million
TABLE 34 Europe Captive Power Generation Market by Ownership, 2022 - 2028, USD Million
TABLE 35 Europe Multiple Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Multiple Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Single Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Single Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Captive Power Generation Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe Captive Power Generation Market by Country, 2022 - 2028, USD Million
TABLE 41 Germany Captive Power Generation Market, 2018 - 2021, USD Million
TABLE 42 Germany Captive Power Generation Market, 2022 - 2028, USD Million
TABLE 43 Germany Captive Power Generation Market by End User, 2018 - 2021, USD Million
TABLE 44 Germany Captive Power Generation Market by End User, 2022 - 2028, USD Million
TABLE 45 Germany Captive Power Generation Market by Fuel Type, 2018 - 2021, USD Million
TABLE 46 Germany Captive Power Generation Market by Fuel Type, 2022 - 2028, USD Million
TABLE 47 Germany Captive Power Generation Market by Technology Type, 2018 - 2021, USD Million
TABLE 48 Germany Captive Power Generation Market by Technology Type, 2022 - 2028, USD Million
TABLE 49 Germany Captive Power Generation Market by Ownership, 2018 - 2021, USD Million
TABLE 50 Germany Captive Power Generation Market by Ownership, 2022 - 2028, USD Million
TABLE 51 UK Captive Power Generation Market, 2018 - 2021, USD Million
TABLE 52 UK Captive Power Generation Market, 2022 - 2028, USD Million
TABLE 53 UK Captive Power Generation Market by End User, 2018 - 2021, USD Million
TABLE 54 UK Captive Power Generation Market by End User, 2022 - 2028, USD Million
TABLE 55 UK Captive Power Generation Market by Fuel Type, 2018 - 2021, USD Million
TABLE 56 UK Captive Power Generation Market by Fuel Type, 2022 - 2028, USD Million
TABLE 57 UK Captive Power Generation Market by Technology Type, 2018 - 2021, USD Million
TABLE 58 UK Captive Power Generation Market by Technology Type, 2022 - 2028, USD Million
TABLE 59 UK Captive Power Generation Market by Ownership, 2018 - 2021, USD Million
TABLE 60 UK Captive Power Generation Market by Ownership, 2022 - 2028, USD Million
TABLE 61 France Captive Power Generation Market, 2018 - 2021, USD Million
TABLE 62 France Captive Power Generation Market, 2022 - 2028, USD Million
TABLE 63 France Captive Power Generation Market by End User, 2018 - 2021, USD Million
TABLE 64 France Captive Power Generation Market by End User, 2022 - 2028, USD Million
TABLE 65 France Captive Power Generation Market by Fuel Type, 2018 - 2021, USD Million
TABLE 66 France Captive Power Generation Market by Fuel Type, 2022 - 2028, USD Million
TABLE 67 France Captive Power Generation Market by Technology Type, 2018 - 2021, USD Million
TABLE 68 France Captive Power Generation Market by Technology Type, 2022 - 2028, USD Million
TABLE 69 France Captive Power Generation Market by Ownership, 2018 - 2021, USD Million
TABLE 70 France Captive Power Generation Market by Ownership, 2022 - 2028, USD Million
TABLE 71 Russia Captive Power Generation Market, 2018 - 2021, USD Million
TABLE 72 Russia Captive Power Generation Market, 2022 - 2028, USD Million
TABLE 73 Russia Captive Power Generation Market by End User
TABLE 74 Russia Captive Power Generation Market by End User, 2022 - 2028, USD Million
TABLE 75 Russia Captive Power Generation Market by Fuel Type, 2018 - 2021, USD Million
TABLE 76 Russia Captive Power Generation Market by Fuel Type, 2022 - 2028, USD Million
TABLE 77 Russia Captive Power Generation Market by Technology Type, 2018 - 2021, USD Million
TABLE 78 Russia Captive Power Generation Market by Technology Type, 2022 - 2028, USD Million
TABLE 79 Russia Captive Power Generation Market by Ownership, 2018 - 2021, USD Million
TABLE 80 Russia Captive Power Generation Market by Ownership, 2022 - 2028, USD Million
TABLE 81 Spain Captive Power Generation Market, 2018 - 2021, USD Million
TABLE 82 Spain Captive Power Generation Market, 2022 - 2028, USD Million
TABLE 83 Spain Captive Power Generation Market by End User, 2018 - 2021, USD Million
TABLE 84 Spain Captive Power Generation Market by End User, 2022 - 2028, USD Million
TABLE 85 Spain Captive Power Generation Market by Fuel Type, 2018 - 2021, USD Million
TABLE 86 Spain Captive Power Generation Market by Fuel Type, 2022 - 2028, USD Million
TABLE 87 Spain Captive Power Generation Market by Technology Type, 2018 - 2021, USD Million
TABLE 88 Spain Captive Power Generation Market by Technology Type, 2022 - 2028, USD Million
TABLE 89 Spain Captive Power Generation Market by Ownership, 2018 - 2021, USD Million
TABLE 90 Spain Captive Power Generation Market by Ownership, 2022 - 2028, USD Million
TABLE 91 Italy Captive Power Generation Market, 2018 - 2021, USD Million
TABLE 92 Italy Captive Power Generation Market, 2022 - 2028, USD Million
TABLE 93 Italy Captive Power Generation Market by End User, 2018 - 2021, USD Million
TABLE 94 Italy Captive Power Generation Market by End User, 2022 - 2028, USD Million
TABLE 95 Italy Captive Power Generation Market by Fuel Type, 2018 - 2021, USD Million
TABLE 96 Italy Captive Power Generation Market by Fuel Type, 2022 - 2028, USD Million
TABLE 97 Italy Captive Power Generation Market by Technology Type, 2018 - 2021, USD Million
TABLE 98 Italy Captive Power Generation Market by Technology Type, 2022 - 2028, USD Million
TABLE 99 Italy Captive Power Generation Market by Ownership, 2018 - 2021, USD Million
TABLE 100 Italy Captive Power Generation Market by Ownership, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Captive Power Generation Market, 2018 - 2021, USD Million
TABLE 102 Rest of Europe Captive Power Generation Market, 2022 - 2028, USD Million
TABLE 103 Rest of Europe Captive Power Generation Market by End User, 2018 - 2021, USD Million
TABLE 104 Rest of Europe Captive Power Generation Market by End User, 2022 - 2028, USD Million
TABLE 105 Rest of Europe Captive Power Generation Market by Fuel Type, 2018 - 2021, USD Million
TABLE 106 Rest of Europe Captive Power Generation Market by Fuel Type, 2022 - 2028, USD Million
TABLE 107 Rest of Europe Captive Power Generation Market by Technology Type, 2018 - 2021, USD Million
TABLE 108 Rest of Europe Captive Power Generation Market by Technology Type, 2022 - 2028, USD Million
TABLE 109 Rest of Europe Captive Power Generation Market by Ownership, 2018 - 2021, USD Million
TABLE 110 Rest of Europe Captive Power Generation Market by Ownership, 2022 - 2028, USD Million
TABLE 111 Key Information – Siemens AG
TABLE 112 KEY INFORMATION – General Electric (GE) Co.
TABLE 113 Key information – Kohler Co.
TABLE 114 Key Information – Reliance Industries Limited
TABLE 115 Key Information – Hindalco Industries Ltd.
TABLE 116 key Information – ArcelorMittal S.A.
TABLE 117 Key Information – Wärtsilä Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Siemens AG
FIG 3 Recent strategies and developments: Hindalco Industries Ltd.