IIR to Present Webinar on Global Power Spending Outlook

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting a complimentary webinar on the spending outlook for the global Power Industry on Wednesday, November 9, at 10 a.m. CST (11 a.m. EST). The presentation will be repeated for audiences in Europe and the Asia-Pacific region. Join our industry experts as they discuss the trends and drivers in this dynamic industry, which is moving away from traditional energy sources and toward low-carbon alternatives.

Industrial Info is tracking more than $8.4 trillion worth of active power projects throughout the world. In the top three highest-value positions by fuel type are wind ($2.69 trillion), solar ($1.46 trillion) and hydro ($1.31 trillion). While renewables dominate global spending, certain parts of the world remain heavily reliant on coal, and natural gas development is strong in certain regions.

Click on the image at right for a breakdown of global power project activity by fuel type.

Nuclear projects also are seeing a resurgence in certain areas due to their emissions-free generation. While renewables dominate spending, the five highest-value power projects being tracked by IIR involve nuclear power, including a grassroot nuclear fusion pilot power station in Cadarache, France. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the related report.

The largest solar power project is a planned 15-gigawatt (GW) installation in Oman, while a 5-GW offshore wind project in Brazil leads the wind sector in value. Subscribers can click here for the report on the Oman project and click here for the report on the Brazil wind project.

Topics to be covered in the webinar include:

• Outlook for renewable energy investments, including wind, solar, hydro and others.
• Overview of battery storage project activity.
• Hotspots for the development of new natural gas-fired power generation capacity.
• Outlook for in-plant capital and maintenance project activity.
• Global overview of the coal-fired generating sector.
• Updated progress on the development of Power-to-X project activity.

We hope that you are able to join us for this timely and informative webinar. Click here for more information and to RSVP!

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).