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Released March 08, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting a complimentary webinar on the spending outlook for the global Power Industry. The webinar will be presented Wednesday, March 10, at 10 a.m. CST (11 a.m. EST). The presentation will be repeated for those in Europe and the Asia-Pacific region. Join Britt Burt, Industrial Info's vice president of research for the Power Industry, and Shaheen Chohan, vice president of Global Analytics, as they discuss the market trends and drivers of the Power Industry over the next two years and beyond.
Industrial Info is tracking more than $6.6 trillion in active power projects across the world, more than $3.6 billion of which are located in Asia, followed by Europe with $1.1 trillion and North America with $852.5 billion.
Click on the image at right for a breakdown by world region of active power projects being tracked by Industrial Info.
The world is in the midst of an energy transition. While coal, natural gas and nuclear contribute substantially to global power spending, projects focused on renewable energy such as wind ($1.7 trillion), hydropower ($1.2 trillion) and solar ($860.4 billion) are becoming increasingly prevalent. Examples of increasingly large-scale renewable energy projects include Invenergy LLC's (Chicago, Illinois) 999-megawatt (MW) Traverse wind project in Oklahoma, which is set to kick off construction later this year for completion in 2023 (see project report) and China's 2,400-MW Jinsha River Xulong Hydropower Station, construction of which is planned to begin soon (see project report).
Some of the webinar's topics will include:
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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.
Industrial Info is tracking more than $6.6 trillion in active power projects across the world, more than $3.6 billion of which are located in Asia, followed by Europe with $1.1 trillion and North America with $852.5 billion.
Click on the image at right for a breakdown by world region of active power projects being tracked by Industrial Info.The world is in the midst of an energy transition. While coal, natural gas and nuclear contribute substantially to global power spending, projects focused on renewable energy such as wind ($1.7 trillion), hydropower ($1.2 trillion) and solar ($860.4 billion) are becoming increasingly prevalent. Examples of increasingly large-scale renewable energy projects include Invenergy LLC's (Chicago, Illinois) 999-megawatt (MW) Traverse wind project in Oklahoma, which is set to kick off construction later this year for completion in 2023 (see project report) and China's 2,400-MW Jinsha River Xulong Hydropower Station, construction of which is planned to begin soon (see project report).
Some of the webinar's topics will include:
- Market trends by world region
- Outlook for renewable energy investments, including wind, solar, hydro and others
- Overview of battery storage project activity
- Hot spots for development of new natural gas-fired power generation capacity
- Outlook for in-plant capital and maintenance project activity
- Global overview of the coal-fired generating sector
- Key areas of the world where new nuclear power generation is being developed
- Overall analysis of growth in non-traditional power generation
- Development of Power-to-X project activity
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 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.
