Power Generation Experts Discuss $1.3 Trillion Global Capital Spending

SUGAR LAND--May 2, 2008--The Power Industry remains the most vibrant of all industrial markets in terms of project spending. Globally, the industry marches forward with aggressive capital programs to add new generating capacity, upgrades and life extensions for existing generating units, environmental retrofits and maintenance, as well as the upkeep of existing power plants. Power producers are faced with various challenges to remain competitive in an industry in which capital costs are soaring and environmental-compliance regulations are tightening.