Market Trends of Europe Industrial Air Quality Control Systems Industry
Power Generation Industry Segment to Witness Significant Growth
- Power plants are the largest sources of emission of SO2, mercury, and acid gases. In the power sector, coal accounts for about 98% of SO2 emissions, 94% of mercury emissions, 86% of NOx emissions, and 83% of fine particulate emissions.
- NOX and SO2 emissions from the power generation industry contribute to the formation of ground-level ozone and fine particulate matter, which can lead to respiratory and cardiovascular problems, and mercury exposure can supplement the possibility of health problems ranging from cancer to immune system damage.
- Coal and natural gas power stations release a number of pollutants into the atmosphere. These include Oxides of Nitrogen, Ozone, Sulfur Dioxide, and Carbon Monoxide (NOx). Non-Methane Hydrocarbons, Lead and Suspended Particulate Matter (SPM) are also discharged.
- As per the Energy Institute Statistical Review of World Energy 2023, fossil fuels remain Europe's major source of electricity generation. In 2022, coal accounted for roughly 16.6 percent of the Europe power mix, while natural gas was observed with a 19.6 percent share.
- In Germany, coal-fired power plants produced more than one-third of the electricity generated and fed into the system during the third quarter (Q3) of 2022. Despite the energy crisis, coal electricity generation rose by 13.3% annually in the biggest economy in Europe. The German government has decided to temporarily switch back to coal-fired power plants to ensure electricity supply security over the winter.
- In June 2022, the French administration decided to reopen a coal-fired power plant in the Lorraine region of northeastern France. The government announced that the operator would offset the emissions through actions like reforestation, adding that the plans would not affect the phase-out of coal plants in France.
- Therefore, owing to above factors, power industry is expected to witness significant demand for air quality control systems during the forecast period.
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Germany to Witness Significant Growth
- Germany is expected to be one of the largest markets for industrial air quality control systems in Europe, owing to the significant greenhouse gas emissions contributions from power generation, Industrial, and automobile sectors.
- The country has recently witnessed significant demand for industrial air quality control systems, mainly driven by industrial growth and stringent emissions control policies.
- According to German Environment Agency, in 2022, around 34% of energy-related greenhouse gas emissions in Germany resulted from the energy sector itself. Other leading contributors were industry and transport.
- Electricity generation from natural gas has recently witnessed significant growth in the country, from 60 TWh in 2014 to 89 TWh in 2021. The increase in electricity generation from natural gas has been mainly driven by the country's shift from coal and nuclear energy in recent years.
- Several nuclear energy and coal power plants have been decommissioned recently as the country moves toward reaching climate neutrality by 2045 and aims to reduce greenhouse gas emissions by at least 65% by 2030 compared to 1990 levels. The factor above has led to an increase in demand for industrial air quality control systems in the power sector in the country.
- Additionally, after the outbreak of the Russia-Ukraine conflict led to a decrease in the supply of natural gas from Russia, the German government reactivated several coal power plants to maintain a steady supply of electricity.
- While the country shifts toward cleaner forms of electricity generation like renewable energy, coal and natural gas are expected to hold a significant share in the country's power generation mix to maintain energy security, thereby driving the demand for industrial air quality control systems in the power sector
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