Join Industrial Info for a Webinar on the Outlook for Global Power Industry Spending

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting a complimentary webinar on the 2021-22 global power project spending outlook. The webinar will be presented November 18 at 10 a.m. CST (11 a.m. EST). The presentation also will be available November 19 at 10 a.m. JST and 11 a.m. CET. Join Britt Burt, Industrial Info's vice president of research for the Power Industry, and Shaheen Chohan, vice president of Global Analytics, as they delve into the market trends driving spending in the industry in 2021 and 2022.

Industrial Info is tracking more than $6.4 trillion in active Power Industry projects, including more than $3 trillion that are set to kick off in 2021 through 2022.

Click on the image at right for a breakdown by world region of active Power Industry projects.

As the world undergoes a fundamental transformation into distributed generation, smart grids and battery storage, spending in the Power Industry is shifting toward infrastructure development and away from conventional fuel-source generation investments. New on the horizon is hydrogen; how will it influence the industry, and where will the first developments take place?

Examples of projects include:

• a grassroot wind, solar and hydrogen plant in New South Wales, Australia, that will generate 200 megawatts (MW) each from a solar farm and windfarm, converting the excess electricity to green hydrogen (Power-to-X); see project report.
• NextEra Energy Incorporated's 409-MW Manatee battery energy storage system (BESS), which is being built alongside a solar facility in Parrish, Florida; see project report.
• a brownfield natural gas-fired power plant in southeastern Ohio that can use hydrogen as a secondary fuel; see project report.

The webinar will provide an overall analysis of the growth in non-traditional power generation and other topics, including:

• Market trends by world region
• The outlook for renewable energy investments
• Hot spots for development of new natural gas-fired power generation capacity
• The 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

We hope that you are able to join us for this timely and informative webinar! Click here to RSVP!

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.