Heat Exchangers for the Power & Energy Industry
THE FASCINATION OF A MARKET THAT MOVES THE WORLD
Gazing into the future, wherever you look, it’s all about growth.
The world’s population
During the next 20 years, the world’s population is set to grow to almost 8.8 billion people: i.e., 1.5 billion more than at the present time. And they will all need energy.
A growing population also means a higher level of economic activity. The global GDP is therefore predicted to double by the year 2035. This economic growth, mainly driven by China, India, and the emerging markets, will greatly increase the demand for energy.
More than half the growth in global energy demand will go into generating electricity. In the process, natural gas and renewable sources of energy will increasingly replace coal. More than one third of the growth in electricity generation could be attributable to renewables. A similar trend is occurring in global primary energy growth, where a quarter of this volume could be covered by renewables.
For coal, oil, gas, wind, or water: Kelvion has the right solutions when it comes to generating and providing energy. Our products are used in power plants worldwide. Irrespective of global trends, our expertise and knowledge involving the fuels powering the world economy will continue to be in demand.