Understand Your Opportunities in the Power Generation Market

MARKET OVERVIEW

Propane power generation is at the intersection of opportunity and technology. As technology increases and product development opportunities increase for propane, so do the opportunities for education and training. Mobile / towable power generation is growing, as propane marketers continue to partner with rental service companies and commercial builders. The opportunities for CHP continue to grow with consumers’ needs for resiliency and reliable independent fuel. There are enormous opportunities to replace diesel-fueled power generation. Growth in prime power applications may require new business models in the future.

Today is the right time to grow this market. Aging electric infrastructure is failing, the average cost per kilowatt is increasing, demand for electricity continues to increase, and weather disturbances have become more frequent, more intense, and far more costly.  There is a tremendous growth opportunity for Micro CHP, CHP and CCHP. Consumers today are demanding more resilient solutions with the increase in climate related disasters. Propane-powered CHP units use a generator to produce electricity, capturing heat that warms the air and water. The result is reduced energy expenditures, eliminating efficiency losses between power plants and buildings, leading to a lower carbon footprint—an environmentally friendly, affordable, and reliable energy source that won’t go down with the electric grid.

Take Action

Use these resources to grow your gallons in the power generation market.

KNOW THE FACTS

The average homeowner will experience 3.5 power interruptions in a two-year period, and even short outages lasting less than four hours will cost homeowners an average of $1,250. That’s nearly $4,500 in spoiled food, hotels, damaged electronics, and more. And even a few hours without power can cost a mid-sized business more than $14,000. Read about the types of Power Generation with propane available, then learn more in The Ultimate Guide to Power Generation

Prime Power: The primary source of power for heavy-duty commercial and industrial applications that are isolated from a central energy grid. They operate 24/7 almost indefinitely with a lifecycle from 30,000 hours up to 40,000 hours.

Standby Power: Propane standby generators begin operating in as little as 10 seconds after a main power outage. These permanently installed units are quiet, efficient, clean, and can operate for weeks until power is restored. For homeowners, a standby generator means keeping the family safe, secure, and comfortable. For a business, it can prevent thousands of dollars in losses and help keep the doors open.

Towable Power: When you need power on a temporary basis, propane towable and portable generators have you covered. Propane portable generators are quieter and less expensive to operate than diesel-fueled units. They are also to store fuel for longer run times in between refueling.

Combined Heat and Power: Propane-powered micro-CHPs create electricity for a home or business using a built-in generator, and at the same time, capture the heat from the generator to produce hot water. What’s more, in some markets, micro-CHPs powered by propane can generate more affordable electricity than the local utility provides.

Microgrids: Propane can enable microgrids – local, self-sufficient electric grids that use renewable energy – by providing cost-effective, low-emission backup power generation.

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