It's an inconvenient fact that the more intermittent renewables you install, the more fast acting generators, like diesel generators, you need to keep the lights on. The rush for green energy will have lots of unintended consequences like this.
- Global annual diesel genset capacity additions are expected to increase from 62.5 GW in 2015 to 103.7 GW in 2024, representing a 5.8% compound annual growth rate (CAGR). Meanwhile, global revenue from the installation of diesel gensets is expected to grow from $41.6 billion in 2015 to $67.9 billion in 2024. Asia Pacific is forecast to be the largest market for diesel gensets, followed by Western Europe and then North America. Leading countries for diesel genset installations include the United States, China, and India, among others.