SOURCE: Industrial Info Resources

December 01, 2008 09:06 ET

Global Power Industry Facing Many Challenges Entering 2009, a Feature of "Navigating the Currents of Change" on Industrialinfo.com

SUGAR LAND, TX--(Marketwire - December 1, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Over the past several years the global Power Industry has maintained strong and steady growth in project spending. This growth has been driven by the constant worldwide increase in demand for electrical power, more stringent environmental regulations in the United States and abroad, as well as by healthy spending programs dedicated to the modernization and maintenance of the existing generation fleet. With the world facing an economic downturn and possible recession, power producers are in the midst of developing the most viable strategies to address changing load-demand projections. The landscape for environmental compliance project spending is taking new shape as even tougher regulations seem inevitable.

In this week's "Navigating the Currents of Change" webcast, Industrial Info will present a discussion on leading Power Industry trends with two of Industrial Info's industry experts: Shane Mullins, Vice President for Product Development; and Britt Burt, Vice President for Research for the Power Industry. During this time, they will discuss the key driving factors behind project spending for the industry in 2009 and beyond. Key points of discussion will include the growth in renewable energy sources, the outlook for development of new coal-fired generation and nuclear energy sources, the ever-changing environmental landscape and other challenges the industry faces for the future.

Based on our research and market intelligence, Industrial Info has developed the tools to dynamically track planned and unplanned outages across the United States and Canada. Industrial Info also maintains continuously updated comprehensive information on global project activity in the Power Industry, including capacity additions, expansions, retrofits and environmental compliance activity.

Industrial Info will also showcase industry trends and the company's dynamic tracking tools at the 20th annual Power-Gen International Conference and Exhibition, which will be held December 2-4, 2008, at the Orange County Convention Center in Orlando, Florida.

Click Here to listen to this webcast, as well as many others covering topics important to industry spending, including trends, outlooks and focus segments.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147