SOURCE: Industrial Info Resources

Industrial Info Resources

August 16, 2011 06:15 ET

North American Combined-Cycle Projects Continue Strong Growth, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Aug 16, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Demand for combustion turbine-generators is increasing, according to manufacturers such as General Electric Company (NYSE:GE) (Fairfield, Connecticut) and Siemens AG (Munich, Germany), which produce the heavy duty industrial equipment for power generation. In the U.S., natural gas prices are currently at $4.50 per million Btu (MMBtu) and expected to remain below $10 per MMBtu for the foreseeable future. With current and forthcoming environmental regulations targeting coal-fired generation, the Power Industry is beginning a long-term trend toward natural gas-fired combined-cycle and simple-cycle combustion turbine generation.

Industrial Info Resources is currently tracking $15 billion in combined cycle power plant capital projects that are scheduled to begin construction in the fourth quarter of 2011 through the end of 2013.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR'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. For more information send inquiries to or visit us online at

Follow us on: Facebook - Twitter - LinkedIn

Contact Information

  • Contact:
    Joe Govreau