2005 Power Industry Forecast Outlines Healthy Capital and MRO Spending Outlook for North America

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Despite the decline in new generating unit development spending, the power industry is expected to remain healthy and is expected to continue to lead other industrial segments in investment dollars spent in 2005. Over half of the project activity originally projected to kick off during 2004 was either cancelled, or delayed until later years. Early 2004 projections had the industry exceeding $91 billion, but by the beginning of the fourth quarter power industry capital spending was adjusted to just over $21 billion. In contrast, major maintenance spending remained steady with $2 billion completed or underway by the end of the year.

The outlook for 2005 seems to be a mirror image of 2004. Currently, over 600 capital projects valued at $95 billion have been identified to potentially kick off this year. Industrialinfo.com estimates that as much as 78% of the total value of these projects will drop out as a result of cancellations and delays. The year should end with approximately $20.9 billion in total capital spending for 2005.

Click here to see a table of Projected Capital Spending by Market Region.

Maintenance spending is expected to remain healthy with 436 projects valued at over $1.8 billion expected to kick off this year.

Click here to see a table of Projected Maintenance Spending by Market Region.

Overall the North American Power Industry is expected to have a healthy year for capital and maintenance spending as new generation, environmental compliance, plant upgrades and modernization and renewable fuels projects lead the way.

The 2005 North American Power Industry Forecast offers a valuable insight into capital and maintenance spending in one easy-to-access format.

Features include:

Forecast Spending - 2005 Capital and MRO spending by country and market regions, 2005 capital and spending by fuel type, 2005 capital spending by project type, 5-year analysis of capital and MRO spending for the United States, Canada, and Mexico, and more.

Business Trends - Information includes the leading trends affecting business strategies that power producers are following to remain competitive in this dynamic industry.

Market and Economic Trends - An analysis of the driving factors behind the increased demand for electricity.

Corporate/Plant Trends - Information includes an overview of strategies in regards to mergers and acquisitions as well as outsourcing trends.

Environmental Trends - An analysis of leading environmental compliance issues in 2005, including NOx and SO2 reductions, as well as future programs to address mercury and fine particulate matter.

Regulation/Deregulation Trends - Deregulation has lost its luster in recent years. This section shows a detailed map of the current status of industry restructuring.

Quarterly Updates - Your information remains timely with the annual and regionally categorized capital and MRO spending projections, automatically updated each quarter.

Each order includes a complimentary North American Power Industry Map of operational and under development plants.

Click Here for more information on Industrialinfo.com's 2005 Power Industry Forecast, or contact us at 1-800-762-3361.

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