Product Code: ETC4532428 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The distributed generation market is experiencing significant growth in Singapore, driven by a desire for energy self-sufficiency and grid resilience. Distributed generation solutions, such as solar panels, combined heat and power (CHP) systems, and microgrids, offer a decentralized approach to power generation. They empower individuals, communities, and industries to reduce their dependence on centralized power plants. This market is evolving to align with Singapore sustainability goals and the increasing demand for cleaner and more resilient energy sources.
The distributed generation market in Singapore is driven by the increasing adoption of small-scale power generation systems, such as solar panels and combined heat and power (CHP) units. Distributed generation allows businesses and residential properties to generate their own electricity, reducing reliance on centralized power grids and contributing to energy resilience. The desire for energy independence and environmental sustainability fuels the growth of this market.
The Singapore Distributed Generation Market faces regulatory and grid integration challenges. Encouraging the adoption of distributed energy resources, including solar panels and small-scale wind turbines, requires clear regulatory frameworks and incentives. Integrating these diverse sources of energy into the grid while maintaining grid stability and power quality is a technical challenge. Additionally, addressing issues of grid interconnection and ensuring fair compensation for distributed energy generators are ongoing challenges in this market.
The COVID-19 pandemic influenced the Singapore distributed generation market by emphasizing the need for decentralized power sources. Distributed generation solutions, such as solar panels and microgrids, gained importance as businesses and communities sought energy security and resilience. The pandemic highlighted the vulnerability of centralized power grids and the benefits of local energy production. The market witnessed increased investments in distributed generation technologies to ensure reliable power supply, especially in remote or critical facilities.
Key players in the Singapore distributed generation market include local entities like SP Group and international companies like Engie. These companies are pivotal in the adoption of distributed energy resources, including solar panels, wind turbines, and microgrids. They enable more sustainable and decentralized power generation, contributing to Singapore energy security and sustainability goals.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Distributed Generation Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Distributed Generation Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Distributed Generation Market - Industry Life Cycle |
3.4 Singapore Distributed Generation Market - Porter's Five Forces |
3.5 Singapore Distributed Generation Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Singapore Distributed Generation Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Singapore Distributed Generation Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Singapore Distributed Generation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Distributed Generation Market Trends |
6 Singapore Distributed Generation Market, By Types |
6.1 Singapore Distributed Generation Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Singapore Distributed Generation Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 Singapore Distributed Generation Market Revenues & Volume, By Solar PV, 2021-2031F |
6.1.4 Singapore Distributed Generation Market Revenues & Volume, By Wind, 2021-2031F |
6.1.5 Singapore Distributed Generation Market Revenues & Volume, By Reciprocating Engines, 2021-2031F |
6.1.6 Singapore Distributed Generation Market Revenues & Volume, By Microturbines, 2021-2031F |
6.1.7 Singapore Distributed Generation Market Revenues & Volume, By Fuel Cells, 2021-2031F |
6.1.8 Singapore Distributed Generation Market Revenues & Volume, By Gas Turbines, 2021-2031F |
6.2 Singapore Distributed Generation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Distributed Generation Market Revenues & Volume, By On-Grid, 2021-2031F |
6.2.3 Singapore Distributed Generation Market Revenues & Volume, By Off-Grid, 2021-2031F |
6.3 Singapore Distributed Generation Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Singapore Distributed Generation Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Singapore Distributed Generation Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Singapore Distributed Generation Market Revenues & Volume, By Residential, 2021-2031F |
7 Singapore Distributed Generation Market Import-Export Trade Statistics |
7.1 Singapore Distributed Generation Market Export to Major Countries |
7.2 Singapore Distributed Generation Market Imports from Major Countries |
8 Singapore Distributed Generation Market Key Performance Indicators |
9 Singapore Distributed Generation Market - Opportunity Assessment |
9.1 Singapore Distributed Generation Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Singapore Distributed Generation Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Singapore Distributed Generation Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Singapore Distributed Generation Market - Competitive Landscape |
10.1 Singapore Distributed Generation Market Revenue Share, By Companies, 2024 |
10.2 Singapore Distributed Generation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |