Join Industrial Info for a Power Industry Webinar

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting a complimentary webinar on the global Power Industry this Wednesday, September 25, at 10 a.m. CDT (11 a.m. EDT). The webinar will be repeated for audiences in Europe and the Asia-Pacific region. Join our industry experts as they discuss the current and future trends of this important sector.

The Power Industry is an absolutely key player in the energy transition, and in many parts of the world, trends are moving toward reducing emissions and sourcing renewable energy, although fossil fuels such as coal and natural gas continue to play a significant role in global power generation.

As the Power Industry increases its focus on meeting decarbonization and net-zero requirements, generation has been shifting toward low-carbon alternatives and away from traditional energy sources. However, rising electricity prices and geopolitical conflicts across the globe are putting into question how fast the industry can pivot to these low-carbon alternatives and still provide energy to consumers without inflating prices. During this webinar, our industry experts will discuss the key drivers and trends impacting project spending for the next 24 months.

Industrial Info is tracking active Power Industry projects across the globe valued at more than $11.5 trillion, including $1.7 trillion in the U.S. and Canada. Placing into service Georgia Power's (Atlanta, Georgia) Unit 4 at Plant Vogtle earlier this year in Waynesboro, Georgia, drew to a close one of the largest recent power projects in North America, and although the construction of units 3 and 4 at the plant entered the planning process long before emissions reduction gained the traction it currently has, completion of more than 2,000 megawatts (MW) of emissions-free generation highlights a trend toward cleaner energy technologies, of which nuclear represents an important component and one that is seeing renewed interest across the world.

The largest generation project now under construction in North America is for another form of emissions-free generation--hydropower. Construction of the Site C hydropower station in British Columbia kicked off in 2016 and has about another year remaining before completion. When completed, the facility, the third hydropower facility on Canada's Peace River, will provide 1,100 MW of clean power. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. Other high-dollar North American power projects include offshore windfarms.

Nine of the 10 highest-value power projects across the world are for the addition of nuclear reactors, with the lone holdout being the massive 5.15-gigawatt Grand Ethiopian Renaissance hydropower station in Ethiopia. Subscribers can click here to learn more about the project. Together, these top 10 projects alone represent more than $160 billion in estimated investment value for emissions-free generation.

We hope that you are able to join us for this webinar where our experts will discuss what they expect over the coming two years as the next stages of the energy transition unfurl. Click here to learn more or to RSVP for Wednesday.

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).