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Released October 23, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--On Wednesday, Industrial Info will present its popular in-person market outlook and networking event in Baton Rouge, Louisiana, and there's still time to reserve your place! The event will be held at the White Oak Estate and Gardens. Registration and check-in will begin at 3 p.m., followed by the outlook presentations at 4 p.m. Among this year's themes will be the challenges of maintaining an industrialized society that has successfully passed the test of time alongside the modern ideology of emissions reduction and social initiatives.
The upcoming year represents a crossroads for the U.S. industrial sector. A tumultuous election year is forecasted, and we expect to see a multitude of projects placed on hold until the political situation stabilizes post-election. However, 2024 could still prove to be a record year for certain industries, as Industrial Info is tracking more than $540 billion in medium- to high-probability U.S. projects expected to kick off in 2024; in the U.S. Gulf Coast region alone, IIR is tracking more than $101 billion worth of project activity that is planned to start construction next year.
With the use of tax incentives, geopolitical forces are attempting to make the road to the renewable revolution and carbon capture appear bright with promises, but is the energy transition truly the way of the future? Should we jump in feet first, displacing conventional forms of energy with renewables and alternative ways of producing fuels and feedstock? Will producers continue to invest in decarbonization and electrification projects revolving around clean energy such as green and blue hydrogen? Can renewables surpass their current limitations to follow through on the promise of a more sustainable, cleaner future? Our industry experts will address these questions and more.
Industrial Info is tracking more than $36 billion in active U.S. Power-to-X projects involving the manufacture of green hydrogen or its derivatives, such as green methanol and green ammonia, from renewable energy, including $1.8 billion worth that is presently under construction. Among the largest of these current projects is Plug Power's (NASDAQ:PLUG) (Latham, New York) grassroot facility in Alabama, New York, that will produce about 80 metric tons per day of hydrogen when completed in 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for more information on the project.
If you're interested in obtaining more knowledge and insight into IIR's tools, a meet-and-greet lunch event will be held earlier in the afternoon, followed by a workshop on our latest PECWeb enhancements at 1:30 p.m.
The outlook presentations, beginning at 4 p.m., will include segments on:
After the presentations will be a networking event with complimentary food and drinks, allowing you to meet and mingle with your industry peers, visit our demo stations, and engage with our industry experts.
We hope you are able to join us for this event! Click here to learn more 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).
The upcoming year represents a crossroads for the U.S. industrial sector. A tumultuous election year is forecasted, and we expect to see a multitude of projects placed on hold until the political situation stabilizes post-election. However, 2024 could still prove to be a record year for certain industries, as Industrial Info is tracking more than $540 billion in medium- to high-probability U.S. projects expected to kick off in 2024; in the U.S. Gulf Coast region alone, IIR is tracking more than $101 billion worth of project activity that is planned to start construction next year.
With the use of tax incentives, geopolitical forces are attempting to make the road to the renewable revolution and carbon capture appear bright with promises, but is the energy transition truly the way of the future? Should we jump in feet first, displacing conventional forms of energy with renewables and alternative ways of producing fuels and feedstock? Will producers continue to invest in decarbonization and electrification projects revolving around clean energy such as green and blue hydrogen? Can renewables surpass their current limitations to follow through on the promise of a more sustainable, cleaner future? Our industry experts will address these questions and more.
Industrial Info is tracking more than $36 billion in active U.S. Power-to-X projects involving the manufacture of green hydrogen or its derivatives, such as green methanol and green ammonia, from renewable energy, including $1.8 billion worth that is presently under construction. Among the largest of these current projects is Plug Power's (NASDAQ:PLUG) (Latham, New York) grassroot facility in Alabama, New York, that will produce about 80 metric tons per day of hydrogen when completed in 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for more information on the project.
If you're interested in obtaining more knowledge and insight into IIR's tools, a meet-and-greet lunch event will be held earlier in the afternoon, followed by a workshop on our latest PECWeb enhancements at 1:30 p.m.
The outlook presentations, beginning at 4 p.m., will include segments on:
- Petroleum Refining & Alternative Fuels
- Upstream & Midstream Oil Markets
- Midstream Gas Processing and LNG Markets
- Chemical Processing
- Electric Power
- The North America Spending Forecast
After the presentations will be a networking event with complimentary food and drinks, allowing you to meet and mingle with your industry peers, visit our demo stations, and engage with our industry experts.
We hope you are able to join us for this event! Click here to learn more 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).
