sacem1 (and itsmoked to a certain extent),
It depends on the application. It's usually all about torque response. Engines are not as good at supplying torque for step load changes as electric motors are, so a directly coupled load may slow down too much to make the engine practical.
Think of this analogy. You are cruising along at night in your car with a damaged standard transmission that has no lower gears and you get to a steep rise in the road that you did not see in time to anticipate by pressing the accelerator a mile in advance. Even though you press the accelerator now, the engine slows down considerably before the additional fuel can provide more torque from the engine, but now you are so far behind your torque-speed curve that you have insufficient horsepower to maintain speed and ultimately stall the vehicle. Normally you could have shifted down in gears to get into a better power band with the engine HP you have, but in this case you can't. With an electric motor, extra torque is available (to an extent) to keep a load at a constant speed while only passing a small percentage change to the engine driving the generator, well within its normal torque speed curve range.
Depending on the application then, to properly compare a direct drive engine to an electric driven system you must also include a transmission and torque converter system and then your cost goes extremely high compared to generating and running electric (clutches are cheaper, but add a wear part to the equation).
Certainly if the application involves a variable torque load that never has a significant step load change, such as an irrigation pump drawing water from a shallow well or canal, then a direct coupled engine could work. Notice I said variable torque load also, because if it is a high inertia load the direct drive may not allow the engine to accelerate without a clutch / torque converter of some sort either. The OP however never stated the nature of his load, so we can assume that his reasons for wanting an electric motor are already accounted for.
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