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Released November 21, 2016 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--A wide variety of energy-related projects are driving next year's industrial growth in the U.S. West Coast region, with cutting-edge ideas such as electric-car production on the docket alongside the development of traditional sources such as natural gas. Industrial Info is tracking $58.3 billion in projects that currently are set to begin construction in the West Coast region in 2017, more than 80% of which are attached to just four industries: Oil & Gas Production, Power Generation, Industrial Manufacturing, and Metals & Minerals.
Click on the image at right for a graph detailing planned 2017 project kickoffs in the West Coast region, by industry.
The West Coast region includes Alaska, California, Hawaii, Oregon and Washington.
At $457 million, Alaska has the highest average total investment value (TIV) among the states, although that number is skewed by a single project: Alaska Gasline Port Authority's (Anchorage) $6 billion natural gas-processing plant in Prudhoe Bay. The project, which is part of the $50 billion-plus All-Alaska Gasline Project, is currently designed to process 3 billion cubic feet per day of natural gas, sourced from the nearby North Slope, to make 15 million tonnes per year of liquefied natural gas (LNG). For more information, see Industrial Info's project report.
An economic evaluation of the project is being performed by Alaska and producers BP plc (NYSE:BP) (London, England), ConocoPhillips (NYSE:COP) (Houston, Texas) and ExxonMobil Corporation (NYSE:XOM) (Irving, Texas). Although Alaska's state government has been eager to see North Slope natural gas produced and sold in Asian markets, it has been wrestling in recent months with the developers over gas-marketing details, according to Alaska Dispatch News. For more information, see August 29, 2016, article - Wood Mackenzie: Competitiveness of Costly Alaska LNG Project Ranks Poorly.
"Out with the old, in with the new" seems to be the mantra in California's Power Industry, as renewables are being aggressively pursued, often at the expense of existing fossil-fuel facilities. But the state also is showing a willingness to sometimes instead tweak and overhaul the latter: AES Southland LLC, a subsidiary of AES Corporation (NYSE:AES) (Arlington, Virginia), plans to build a $963 million natural gas-fired, combined-cycle (NGCC) unit at its Alamitos Power Station in Long Beach, California. The additions would include a pair of 216-MW combustion turbine generators and a 210-MW steam turbine generator. For more information, see Industrial Info's project report.
AES also has proposed adding a $100 million battery energy storage unit at Alamitos, although this idea still is in its earliest planning phase and would not see construction begin until 2019, at the earliest. For more information, see Industrial Info's project report.
Tesla Motors Incorporated (NASDAQ:TSLA) (Palo Alto, California), one of the most closely watched and hotly debated companies today, proposed earlier this year a $1.26 billion expansion of its electric-vehicle assembly plant in Fremont, California. The company is hoping to add 11 buildings, including assembly lines, new equipment and new systems, to manufacture its new Model 3 brand. As designed, capacity would grow from 104,000 to 500,000 cars per year by 2018. For more details, including contact information and equipment and environmental requirements, see Industrial Info's project report.
According to The Mercury News, Tesla also handles about 158 truck deliveries per day at the site, which it says would reach 1,000 per day under the expansion. But the project still is in its planning phase, and the pace of construction remains uncertain, according to Mercury.
Oregon is home to $10.6 billion in projects set to kick off in 2017, one of the largest being Paramount Gold Nevada Corporation's (Winnemucca, Nevada) $120 million construction of the Grassy Mountain gold and silver mine in Vale. However, the project still is in its permitting phase. The 511,000-ton-per-year underground mine is expected to produce 53,000 ounces per year of gold and 82,000 ounces per year of silver, from 365,000 tons per year of mined ore over a nine-year mine life. For more details, including contact information and equipment and environmental requirements, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
The West Coast region includes Alaska, California, Hawaii, Oregon and Washington.
At $457 million, Alaska has the highest average total investment value (TIV) among the states, although that number is skewed by a single project: Alaska Gasline Port Authority's (Anchorage) $6 billion natural gas-processing plant in Prudhoe Bay. The project, which is part of the $50 billion-plus All-Alaska Gasline Project, is currently designed to process 3 billion cubic feet per day of natural gas, sourced from the nearby North Slope, to make 15 million tonnes per year of liquefied natural gas (LNG). For more information, see Industrial Info's project report.
An economic evaluation of the project is being performed by Alaska and producers BP plc (NYSE:BP) (London, England), ConocoPhillips (NYSE:COP) (Houston, Texas) and ExxonMobil Corporation (NYSE:XOM) (Irving, Texas). Although Alaska's state government has been eager to see North Slope natural gas produced and sold in Asian markets, it has been wrestling in recent months with the developers over gas-marketing details, according to Alaska Dispatch News. For more information, see August 29, 2016, article - Wood Mackenzie: Competitiveness of Costly Alaska LNG Project Ranks Poorly.
"Out with the old, in with the new" seems to be the mantra in California's Power Industry, as renewables are being aggressively pursued, often at the expense of existing fossil-fuel facilities. But the state also is showing a willingness to sometimes instead tweak and overhaul the latter: AES Southland LLC, a subsidiary of AES Corporation (NYSE:AES) (Arlington, Virginia), plans to build a $963 million natural gas-fired, combined-cycle (NGCC) unit at its Alamitos Power Station in Long Beach, California. The additions would include a pair of 216-MW combustion turbine generators and a 210-MW steam turbine generator. For more information, see Industrial Info's project report.
AES also has proposed adding a $100 million battery energy storage unit at Alamitos, although this idea still is in its earliest planning phase and would not see construction begin until 2019, at the earliest. For more information, see Industrial Info's project report.
Tesla Motors Incorporated (NASDAQ:TSLA) (Palo Alto, California), one of the most closely watched and hotly debated companies today, proposed earlier this year a $1.26 billion expansion of its electric-vehicle assembly plant in Fremont, California. The company is hoping to add 11 buildings, including assembly lines, new equipment and new systems, to manufacture its new Model 3 brand. As designed, capacity would grow from 104,000 to 500,000 cars per year by 2018. For more details, including contact information and equipment and environmental requirements, see Industrial Info's project report.
According to The Mercury News, Tesla also handles about 158 truck deliveries per day at the site, which it says would reach 1,000 per day under the expansion. But the project still is in its planning phase, and the pace of construction remains uncertain, according to Mercury.
Oregon is home to $10.6 billion in projects set to kick off in 2017, one of the largest being Paramount Gold Nevada Corporation's (Winnemucca, Nevada) $120 million construction of the Grassy Mountain gold and silver mine in Vale. However, the project still is in its permitting phase. The 511,000-ton-per-year underground mine is expected to produce 53,000 ounces per year of gold and 82,000 ounces per year of silver, from 365,000 tons per year of mined ore over a nine-year mine life. For more details, including contact information and equipment and environmental requirements, see Industrial Info's project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.