Global Power Dashboard
Definitions:
The following definitions provide a breakdown and explanation of how the analysis has been generated and how the underlying data has been segmented. This page will be constantly updated to reflect any further agreed changes to how the data is analysed

Project Spending:
Project Spending statistics are based on actual projects being tracked and monitored by Industrial Info global Power Research Teams. It is acknowledged that in a number for geographies Industrial Info is still work in progress in achieving 100% complete tracking of all know Plants and their associated spending but through our “constantly living forward” reporting principle that each time the % of data coverage will increase
  • Plant Spending: is defined as Capital Projects associated with Plants SIC Codes: 4911 (Electric Services [Public Utilities]), 4939 (Combination Utilities [Public Utilities]), 4931 (Steam/Electricity [IPPs = Independent Power Producers]). Industrial Energy Producers (IEPs) who have power generation units to support their own power needs are excluded)
  • Business Type: Defined as Utilities and IPPs
  • Plant Type: Defined as Fuel Type. Segmentation of Project Spending by Plant Type (i.e. Nuclear, Coal etc) is at the Unit Level and not at the plant level. Therefore a project associated with a predominantly Coal driven power plant but has a current active Unit project for a biomass conversion will be categorized under "Renewables"
  • Capacity (MWs): is aligned to the capacity of the Unit. Therefore as Industrial Info is tracking project spending at the Unit level and therefore capacity is aligned to the project spend associated with a particular Unit. If the spending is associated with a Grassroot Project this will therefore be associated at the Plant level i.e. grassroot construction of a new plant
  • Plant Status: Project spending is associated with Plants which are Operational, being Planned, Engineered or Under Construction. Plants which have been Mothballed or Shuttered or indeed Closed may still have Active Projects associated with and therefore included
  • Project Spend: is defined as Capital Projects with Total Investment Value (TIV) of U$1 mn and above(Grassroot construction, Extensions, Retrofits, Upgrades/Uprates, Life Extensions, Refurbishments, Replacements, Conversions and Demolition/Decommissioning). Project spending is a projection of what Industrial Info is currently tracking
  • Project Spend Index: is an indicator that compares the current active spending rates for the quarter compared to the same quarter the previous year. Measures the U$ change in project spending activity
  • Project Status: is defined as Active Projects only and which may be at either the Planning, Engineering or Construction Phase
  • Project Phase: is defined as the four main Project date milestones – AFE (Agreement for Expenditure), RFQ, Bid Doc and Kick Date. It has been agreed by both parties that the AFE date will be used for each month/quarter analysis is being conducted rather than Kick-Off date. This approach will allow Doosan to have a much earlier sight and awareness of new projects emerging and subsequently plan for
  • Project Fallouts: is defined as a project which had been announced and then subsequently tracked and monitored by Industrial Info and then was either Put on Hold/Suspended or Cancelled by the Project Owner/Sponsor
Rankings:
  • Owner Rankings: Industrial Info is ranking project activity at the Owner level associated with the actual named Owner rather than the Ultimate Plant Owner which may be a Holding Company or Special Purpose Vehicle made up of one or more investing partners (prevalent in IPP power plant types). Therefore
  • Owner Ranking Status: monthly rankings is based on the total number of Active Projects for that month and will show the breakdown of those projects by the key project milestone dates (AFE, RFQ, Bid Doc, KO)
  • Historical Owner Project Spending Rankings: will be based on the aggregated TIV $ value over the period as defined and agreed upon by Doosan from Jan 2008
  • Contractor Rankings: Industrial Info does capture information about Projects which are “Active” and at the Engineering or Construction phase and which have been outsourced to a 3rd Party Vendor [a Contractor]. The Contractors who have been awarded the engineering and/or construction works will be based on the Office Location as opposed to the aggregated Corporate/brand name for example: Fluor Texas and Fluor California would be found in the same rankings list for US if both regional offices had many large projects under way. Therefore Industrial Info will need to run the data within the “pilot” phase to see if we can create algorithms in our data to group same-brand contractors together
  • OEM Rankings: Industrial Info does capture information about Power Units related to which OEM Turbine or Boiler model has been installed in an operational power Unit. Industrial Info does not track Contactor or OEM Bid Status nor do we have access to Pre-Qualification lists. Industrial Info does not track OEM Awards as part of our project tracking process. Therefore OEM rankings is based on the installed base that is currently being tracked and know to Industrial Info but which will continue to build out and increase over time
Outage Statistics:
  • Outage Types: is defined as any down-time associated with a Unit which is either Planned or Unplanned. Analysis will include the volume of outage offline by Capacity and Duration (Days)
Historical Unit Demographics:
  • Unit Ages: is defined as the number years a particular Unit has been operational (post commissioning)
  • Unit Capacity: Industrial Info tracks capacity at the unit level only