Market Analysis - Power Engineering 2017
Power Engineering 2017 is the platform to gain and share the knowledge in the new technological developments in the fields of power engineering, Energy Engineering, Electrical Engineering & Mechanical Engineering. This conference brings together Professors, Researchers, Scientists, Engineers, Technologist and Practitioners in all the areas of Power and Energy Engineering and provides an international forum for the spreading of approved research results, new ideas and practical developments. We are honoured to invite you all to attend and register for the “2nd International Conference on Power and Energy Engineering”, which is going to be held during July 17-18, 2017 in Munich, Germany.
The organizing committee is gearing up for an exciting and informative conference program including plenary lectures, symposia, workshops on a variety of topics, poster presentations and various programs for participants from all over the world. We invite you to join us at the prestigious conference Power Engineering 2017, where you will be sure to have a meaningful experience with scholars from around the world. All members of the Power Engineering 2017 organizing committee look forward to meeting you in Munich, Germany.
Importance & Scope:
Power and Energy Engineering is important for modern society to function well. Renewable power production and new energy saving apparatus are undergoing a fast development process to deal with environmental issues like global warming. In the future, civilization will be forced to research and develop alternative energy sources. Our current rate of fossil fuel usage will lead to an energy crisis this century. In order to survive the energy crisis many companies in the energy industry are inventing new ways to extract energy from renewable sources. While the rate of development is slow, mainstream awareness and government pressures are growing. The need for non-polluting energy systems like wind power and the use of electric cars for transportation, in order to reduce CO2 emissions and create a cleaner environment. Electricity from the atmosphere will be an alternative energy source for the future.
The topics to be covered by Power and Energy Engineering include, but are not limited to:
· Analysis of Hybrid Generation Systems
· Artificial Intelligence in Complex Power and Energy Systems
· Building Energy Use and Energy Conservation
· CO2 and Emission Issues
· CO2 Capture and Storage
· Conventional Energy Power Generation
· Design and Dimensioning of Power Systems
· Distributed Generation
· Energy and Exergy Analyses
· Energy Policies and Strategies
· Energy Resources
· Energy Resources Assessment
· Energy Storage
· Energy Sustainability
· Gasification Processes and Technologies
· Heat Exchanger
· Hydrogen Energy and Fuel Cells
· Impact of Climate Changes on Energy Systems
· Integrating Renewable Energy to the Power Grid
· International Experiences with Energy Infrastructures
· Investment Planning for Energy Infrastructures
· Organic and Inorganic Photovoltaics
· Petroleum Engineering
· Planning and Operations of Power Systems
· Power Demand Forecasting and Management, Power Market
· Power Electronic Engineering
· Power Forecasting from Wind, Solar and Other Renewal Sources of Energy
· Power System Protection
· Power Transmission and Distribution
· Reliability Evaluation and Risk Analysis of Power Systems
· Renewable Energy Power Generation
· Smart Grid
· Socio-Economic and Power System Management
· Solar Energy Engineering
· Transmission and Capacity Planning
· Waste Energy Management
· Wind Energy Engineering
Munich is the world's leading financial centre for international business and commerce and is one of the "command centres" for the global economy. According to Brookings Institution, London has the fifth largest metropolitan economy in the world, after Tokyo, New York City, Los Angeles and Seoul. By way of comparison, London's economy is roughly the same size as that of Sweden or Iran.
Munich has the strongest economy of any German city and the lowest unemployment rate (3.0% in June 2014) of any German city with more than a million people (the others being Berlin, Hamburg and Cologne). The city is also the economic centre of southern Germany. Munich is a financial centre and a Global city and holds the headquarters of Siemens AG (electronics), BMW (car), MAN AG (truck manufacturer, engineering), Linde (gases), Allianz (insurance), Munich Re (re-insurance), and Rohde & Schwarz (electronics). Among German cities with more than 500,000 inhabitants purchasing power is highest in Munich (26,648 euro per inhabitant) as of 2007.
Beer, BMW, and one of the world's best soccer teams, Bayern Munich: Germany's third largest city has a lot going for it. Not content with sporting, culinary and automotive excellence, Munich is also leading the way when it comes to sustainability. Nevertheless, some businesses in Munich are embracing clean electricity. At the Hofbräuhaus beer hall, which is over 400 years old, the switch to green has been seamless.
By 2020, the EU hopes that 20 percent of energy will come from renewable sources such as wind, solar and biomass. In Munich, authorities have gone one step further, targeting a 100 percent clean electricity supply by 2025, which would make the city a world leader in sustainability.
Munich has significance as a financial centre (second only to Frankfurt), being home of HypoVereinsbank and the Bayerische Landesbank. It outranks Frankfurt though as home of insurance companies such as Allianz and Munich Re. It is one of Europe's largest financial centres and the largest in Germany. The city has 35 universities and over 49 research centres. Munich is a city of new technologies & new innovations, so many research institutes, universities are focused on Power and Energy Engineering. As an industrial centre Munich retains its advantages in infrastructure, as a transport hub, and as the location of headquarters of many companies. Industries based on advanced technology are acquiring much more importance here than in the rest of Germany.
Major Associations around the Globe:
· International Association of Engineers
· Brazilian Electrical and Electronics Industry Association
· Chinese Society for Electrical Engineering
· Indian Electrical and Electronics Manufacturers Association
· The Electrical and Electronics Association of Malaysia
· The Russian Union of Engineers (RUE)
· The Institution of Engineering and Technology
· International Association for Radio, Telecommunications
· Electric Power Research Institute
Major companies associated with power and energy engineering:
· BICC Group
· Baylor Company
· Beckwith Electric Co. Inc.
· Besicorp Group
· Bharat Heavy Electricals Limited (BHEL)
· Cannon Technologies, Inc
· DCG/EPRI EMTP96
· Diversified Technologies, Inc. (DTI)
· Electricity Forum
· Empire State Electric Energy Research Corporation
· F.G. Wilson Engineering Ltd
· GDS Associates
· Industrial and Power Association
· Koester Corporation
· MTE Corporation
· NES Inc.
· Penn Line Service
· Phaseco Inc.
· Piller , Inc
· Power Grid Corporation of India Limited
· Power Smiths Intl. Corp.
· Primax Technologies
· Quality Engineering International
· Santon M&H Ltd
· Sargent & Lundy
· Schweitzer Engineering Labs, Inc.
· Shrader Engineering Co., Inc.
· Southeastern Transformer Company
· Southern Power Systems, Inc
· Superconductivity, Inc.
· Superconductor Technologies, Inc.
· Synergy Engineering Ltd
· Telescada, Inc.
· Tetra Engineering
· Thunderbyrd Power Systems, Inc.
· Trace Technologies
· Trasfor Ltd.
· Waldron Engineering
· West Virginia Electric Corp.
· Technische Universität München
· Universität München
· Universität Regensburg
· Universität Würzburg
· Universität Bayreuth
· Universität Augsburg
· Universität Bamberg
· Universität der Bundeswehr München
· Katholische Stiftungsfachhochschule München
· Ludwig-Maximilians-Universität München
· Karlsruher Institut Für Technologie
· University of Munich
· Free University of Berlin
· University of Cologne
· University of Hamburg
· Technical University of Munich
· Humboldt University of Berlin
· Technical University Berlin
· University of Bonn
· University of Freiburg
· University of Leipzig
· Westfälische Wilhelms-Universitat Münster
· Technical University Dresden
· University of Tübingen
· University of Stuttgart
· University of Bremen
· Georg-August-University Goettingen
· Leibniz University Hannover
· University of Kiel
· University of Erlangen-Nuremberg
· Technical University of Chemnitz
· Darmstadt University of Technology
· University of Würzburg
· Justus-Liebig university of Giessen
· Directors of companies
· Managers & Business Intelligence Expert
· Research students and Research Institutes
· Advertising and Promotion Agency Executive
Market in Munich, Germany:
Large power transformers connect electrical networks or systems of different voltages to allow power exchange between them. Large power transformers are used for power generation, power transmission, electro-intensive industrial applications and consumer applications. The industrial applications include mining, paper and cement mills, chemical plants, substations and power generation. Various applications of large power transformers include hydel power station, thermal power station, and nuclear power plant among others.
This market research study analyses the large power transformer market on a global level, and provides estimates in terms of volume (Unit shipment) and revenue (USD Billion) from 2013 to 2020. It recognizes the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the coming years.
Stadtwerke Munchen, Germany's biggest city-owned electric utility, is playing the leading role in a country where electricity and gas markets have been liberalized and the use of renewable energy is gaining ground. SWM has augmented its revenues by providing various public services, mainly in Munich, a city that enjoys a thriving economy. The power company is also actively promoting renewable energy and investing in floating wind farms despite its supply area being in a landlocked location. The company aims to generate enough electricity from renewables to supply the entire municipality of Munich by 2025.
The lack of clarity on Germany’s energy policy is creating the most volatile power prices in seven months, boosting costs for industry in Europe’s largest economy.
The 30-day historical volatility in the price of power for 2014 more than doubled in the past six weeks to the highest since March 4, data compiled by Bloomberg show. Prices are being whipsawed because Chancellor Angela Merkel, re-elected almost a month ago, has yet to give details on her pledge to amend the nation’s $750 billion solar and wind power program.
Price swings in Europe’s biggest power market, exacerbated by plunging fuel and carbon costs, are making it harder for industrial users to plan purchases. The volatility is boosting total costs and hindering investment in the $3.4 trillion economy, according to Maik Neubauer, a management consultant specializing in utilities and commodity markets and the former chief operating officer of the European Energy Exchange AG.
“Our problem right now is that we would like to buy our power mid-term, so for the next four to six quarters, but we prefer not to right now because of the high volatility in the market,” said Munich-based Christian Essers, the director of energy procurement at Wacker Chemie AG, Europe’s largest maker of polysilicon used in solar panels. “If volatility is higher for longer-term products, then we usually pay more for securing future costs.”
Asia Pacific and Rest of the World economies are expected to be the most attractive and fastest growing regions. The growth of the global large power transformers market is attributed to the increasing demand for electricity in both the mature and emerging economies of the world. Increasing industrialization and modernization is enhancing the demand for large power transformers globally. Most widely used large power transformers globally are the segment with power rating 100 MVA to 500 MVA. This segment is expected to constantly dominate the global large power transformers market during the forecast period. large power transformers between the power ratings of 801 MVA and 1200 MVA are expected to be used for HVDC and UHVDC power generation in the Asia Pacific and Middle East regions on account of rising energy demands in these regions in the near future.
The governments across the world are undertaking initiatives to modernize the existing power grids and install technologically enhanced power transformers. The initiatives adopted by the European nations for the deployment of green transformers is also providing substantial positive shift to the global large power transformers market. However, the market also encounters certain economic restraints such as the volatility of the raw material prices in the international markets.
For better understanding of the global large power transformers market, we have given detailed analysis of the PESTLE and value chain. Moreover, a detailed Porter's five forces analysis has been given for a better understanding of the intensity of competition present in the market. Furthermore, the study comprises of a market attractiveness analysis, where the applications are benchmarked based on their market scope, growth rate and general attractiveness. Awareness about the low carbon emission transformers is growing worldwide and offer growth opportunities in the future. Smart grids and smart networks are also enhancing the market opportunities for the large power transformers market during the forecast period.
The report provides company market share analysis of the various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies, SWOT analysis, and recent developments in the field of power transformers. Major market participants profiled in this report include ABB Ltd., Alstom SA, Crompton Greaves Ltd., Siemens AG, GE Co, Hyosung Power & Industrial Systems Performance Group, Hyundai Heavy Industries Co. Ltd., and TBEA Co. Ltd. among others.
Market in Europe:
European generators should sell their power grids and gas pipelines to help boost competition and investment in Europe’s power markets, according to a proposal by the European Commission (EC). Non-European companies that enter European markets must also separate their supply and network businesses, the EC added in a recent report to the 27 governments of the European Union.
European energy companies control the generation of their gas and electricity, the report said, a dominance that gives them “an inherent interest to limit new investment when this will benefit its competitors”. The EC added that billions of dollars are needed to upgrade Europe’s energy grid, which will allow fragmented markets to be connected and power blackouts or gas shortages to be avoided.
The EC proposed two options. First, that governments force generators to sell their pipelines or power grids. Second, that they create independent transmission operators but allow energy companies to retain their networks and lease them out.
Mention of non-European companies in the report was an allusion to Russian energy company Gazprom, which supplies 25 per cent of Europe’s gas and has shown interest in making acquisitions in Europe.
Market over World:
GWEC sees continued dominance by Asia, and having surpassed Europe in terms of cumulative installed capacity at the end of 2014, it will continue to lead markets with 40-45% of the annual global total going forward. Of the other big markets, Europe will continue its steady march towards its 2020 targets, and North America, as always, is the most difficult to predict. After a strong 2015 and 2016 in the US and Canada it’s a crap shoot as to what will happen next, on the one hand due to the vagaries of the US Congress, and ‘north of the border’ to a lack of policy clarity in key provincial markets after the end of next year.
Latin America’s numbers will increasingly make a difference to global totals, with Brazil leading the charge, but with Chile, Uruguay, Peru, Central American markets and others providing a boost. For Africa, it’s going to be a contest between Egypt and South Africa for dominance of that market, but there are many other countries that will contribute numbers to the totals going forward. The Pacific will have to wait for the end of the Abbot government in Australia to start growing again.
With the magnificent success of Power Engineering 2016, ConferenceSeries Ltd is glad to announce the 2nd International Conference on Power and Energy Engineering, to be held during July 17-18, 2017 at Munich, Germany.
On this auspicious occasion, Organizing Committee invites the participants from all over the globe to take part in this annual flagship conference with the theme “Addressing the Revolution on Power Generation Technologies”. Power Engineering 2017 aims in proclaim knowledge and share new ideas amongst the professionals, industrialists and students from research areas of Power Engineering & Technology, Energy Engineering, Electrical & Electronics Engineering, Chemical Engineering and Mechanical Engineering to share their research experiences and indulge in interactive discussions and technical sessions at the event. The Conference will also have a space for companies and institutions to present their services, products, innovations and research results.
Why to attend?
Power Engineering 2017 offers a fantastic opportunity to meet and make new contacts in the field of Power & Energy Engineering, by providing collaboration spaces and break-out rooms with tea and lunch for delegates between sessions with invaluable networking time for you. It allows delegates to have issues addressed on Power technologies by recognized global experts who are up to date with the latest developments in the Power Engineering field and provide information on new techniques and technologies. This conference will feature world renowned keynote speakers, plenary speeches, young research forum, poster presentations, technical workshops and career guidance sessions.
The joy of attending Power Engineering 2017 brings with it improvement and incremental growth in your approach to do things, in the broader manner to see things and the beauty to live international diversity.
Come be Part of it...!
Advantages of Attending the Conference
- To meet experts in the field of Power Engineering, Energy Engineering & Environment
- To discuss and share the knowledge with Professors, Scientists, Engineers, Researchers and Business Intelligences
- An opportunity to meet World's Eminent Speakers.
- To pick up & advance knowledge in the field of Engineering & Technology
- All accepted abstracts will be published in the particular OMICS International Journals after the conference as conference proceeding
- Each abstract will receive a Digital Object Identification Number (DOI)
- Power Engineers
- Energy Engineers
- Electrical Engineer
- Mechanical Engineers
- Electronics Engineers
- Power Industries Students Managers & Business Intelligence
- Advertising and Promotion Agency Executive
- Expert Research students and Research Institutes