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The global market for Distribution Energy Generation (DEG) is expected to reach USD 179.65 billion by 2020, according to a new study by Grand View Research, Inc. DEG operates in off-grid or on-grid system by collecting energy from various small sources and distributes it to various end use industries. Increase in consumer awareness with regards benefits offered by DEG in terms of air pollution, climate changes and green house emission are expected to drive demand over the forecast period. In addition, low energy generation cost and economies of scale of DEG plants are expected to further augment the growth of the market.

Grid connected DEG was the largest application segment with a capacity of 101.07 GW in 2013 and expected to dominate the market on account of its direct connection to utility and low cost compared to off-grid DEG. However, due to high storage capability and continuous flow of energy, off-grid DEG plants are used in certain minor applications

The report “Distribution Energy Generation(DEG) Market (On grid, Off grid) Analysis By Technology CHP, Solar PV, Wind Turbine, Fuel Cells), By End Use (Residential, Buildings & Institutions, Commercial & Industrial) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/distributed-energy-generation-industry

Further key findings from the study suggest:

• The global installed capacity for DEG was 102.97 GW in 2013 and is expected to reach 227.63 GW by 2020, growing at a CAGR of 12.0% from 2014 to 2020.

• CHP was the most dominant technology in the DEG market with installed capacity of 44.50 GW in 2013. However, solar PV was the largest segment of the market in terms of revenue due to the high cost and large installed base. The solar PV revenue in DEG was USD 55.90 billion in 2013 and is expected to grow at a CAGR of 6.4% from 2014 to 2020.

• Commercial and industrial installations of...