SOURCE: Industrial Info Resources

May 02, 2008 08:49 ET

Power Generation Experts Discuss $1.3 Trillion Global Capital Spending

SUGAR LAND, TX--(Marketwire - May 2, 2008) - The Power Industry remains the most vibrant of all industrial markets in terms of project spending. Globally, the industry marches forward with aggressive capital programs to add new generating capacity, upgrades and life extensions for existing generating units, environmental retrofits and maintenance, as well as the upkeep of existing power plants. Power producers are faced with various challenges to remain competitive in an industry in which capital costs are soaring and environmental-compliance regulations are tightening.

Globally, there are more than 4,200 Power Industry projects totaling more than $1.3 trillion under development.

Based on its own research and market intelligence, Industrial Info has developed the tools to dynamically track planned or unplanned outages and to identify future capital projects globally. Visit www.industrialinfo.com to register and listen to a podcast of Industrial Info's Britt Burt, Vice President for Power; Shane Mullins, Vice President for Product Research; and Product Manager Greg Elliott, as they analyze capital-spending trends in this continually growing market on "Industry Today."

Also, don't miss Industrial Info at Electric Power Expo 2008 at Booth #1511 at the Baltimore Convention Center in Baltimore, Maryland, on May 6-8, 2008.

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.

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