The U.S. Rocky Mountain region faces some of the country's steepest challenges in power generation, transmission and distribution, with uneven terrain and sparsely populated areas in need of improved service. But the region is making better use of renewable sources and is expanding some transmission networks. Industrial Info is tracking $3.75 billion worth of active Power Projects that are set to begin construction in the Rocky Mountains region in second-quarter 2020, two-thirds of which is attributed to power-generation projects.
China was experiencing 11 unplanned offline ethylene plant events and rate cuts amounting to 2.3 billion pounds of ethylene capacity due to the COVID-19 coronavirus outbreak, according to IIR Energy's March 10 weekly outlook report. However, the data for all of East Asia shows that "the actual [planned and unplanned] offline capacity this year compared to last is pretty close, suggesting the access to capacity is bad, but not much worse than it has been in the last five years," said Trey Hamblet, Industrial Info's vice president of research for the
Industrial Info Tracks More than $796 Million in Planned U.S. Power Maintenance Projects Starting in Second Quarter
Industrial Info is tracking $796.5 million in Power Industry maintenance projects that are planned to kick off in the U.S. in second-quarter 2020. The projects cover a range of geographies. Nuclear maintenance, thanks to 16 planned refueling outages, leads in terms of project value at $323.1 million, followed by natural gas outages, valued at $274.3 million.
Industrial Info is pleased to be presenting a complimentary webinar on 2020's biggest trends in the Pharmaceutical-Biotech Industry. The webinar will be held April 8 at 10:00 CDT (11:00 EDT). Join Annette Kreuger, Industrial Info's vice president of Pharma-Biotech Industry research, and Shaheen Chohan, vice president of global analytics, as they delve into the key market trends impacting spending and look at the sectors expected to lead capital expenditures in 2020.
Industrial Info Resources is pleased to present our upcoming market outlook schedule focusing on our core industries. Click below to learn more about upcoming events where Industrial Info will be hosting.