Global Shore Power Utility Electricity Revenue in Port Operations is Expected to Total $1.6 Billion from 2015 to 2024, According to Navigant Research
Port authorities often lack operational control over equipment
upgrades, report finds
A recent report from Navigant
Research analyzes the global market for energy-efficient port
operations, with a focus on natural gas drayage trucks and shore
electricity power, including forecasts that extend through 2024.
The transfer of goods is an essential part of the global economy, and
ports are a primary mechanism for moving cargo from ships and onto
trucks to be dispersed on land. Day-to-day port operations have
significant impacts on the surrounding environment, and port authorities
and operators are using different technologies and strategies to address
these issues and become more sustainable. Click
to tweet: According to a recent report from Navigant Research,
global shore power utility electricity revenue in port operations is
expected to total $1.6 billion from 2015 to 2024.
“Energy efficient technologies are helping to make the shipping industry
cleaner through the reduced use of diesel fuel,” says Ryan Citron,
research analyst with Navigant Research. “Although transporting goods by
ship to and from ports has a considerable impact on the environment,
shipping is still a relatively effective mode of moving goods when
compared to transport by truck or by plane.”
A lack of operational control on the behalf of port authorities serves
as a primary barrier to introducing more energy efficient technologies
at ports, according to the report. Port operators make most decisions
regarding equipment and vehicle upgrades and can have less of a vested
interest in improving air quality at ports; this lack of control by
authorities often leads to regulations being the primary market driver
for energy efficiency improvements.
The report, Energy-Efficient
Port Operations, examines the energy-efficient port operations
market, with a particular focus on natural gas drayage trucks and shore
power. The study analyzes the drivers for energy-efficient technologies
used in port operations, including financial, regulatory, environmental,
and economic factors. Global forecasts of the energy-efficient port
operations market extend through 2024. The report also examines the
leading energy-efficient ports around the world, as well as the
competitive landscape for port operators and suppliers. An Executive
Summary of the report is available for free download on the Navigant
Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.
About Navigant
Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.
* The information contained in this press release concerning the
report, Energy-Efficient Port Operations, is a summary and
reflects Navigant Research’s current expectations based on market data
and trend analysis. Market predictions and expectations are inherently
uncertain and actual results may differ materially from those contained
in this press release or the report. Please refer to the full report for
a complete understanding of the assumptions underlying the report’s
conclusions and the methodologies used to create the report. Neither
Navigant Research nor Navigant undertakes any obligation to update any
of the information contained in this press release or the report.
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