NEW YORK, Nov. 26, 2014 /PRNewswire/ -- Synopsis
The report provides detailed market analysis, information and insights based on over 1,800 projects tracked by Timetric's Construction Intelligence Center (CIC). The report provides detailed metrics on each countries' power generation projects (as tracked by CIC) split by type, start date by value, and MW capacity. The analysis is backed up by power generation capacity forecasts from GlobalData up to 2025.
The power generation market in Asia-Pacific region is expanding rapidly. The Construction Intelligence Center (CIC) is tracking a total of more than 1,800 power generation construction projects in the region, all at a development stage between project announcement and execution. The total value of these projects stands at US$1,855 billion, with a combined generating capacity of 1,344 GW in 11 sectors: biomass, coal, gas, geothermal, hydroelectric, nuclear, ocean, oil, solar, wind and mixed power.
The report provides analysis based on CIC projects showing value and MW capacity by country, and top project listings. The project data is supported by GlobalData forecasts for power generation by country up to 2025.
Reasons To Buy
The report will enable companies involved in power generation market to understand trends in power generation projects across the Asia Pacific region. Providing insight into main drivers of activity and forecasts.
The report provides:
- An understanding of key trends, such as progress of sustainable technology compared with fossil fuels and nuclear
- Analysis of main project participants by value by sector, enabling clients to target products and services for each type of project
- Live project data for power sector types, with location, value, stage, MW capacity and start date
GlobalData forecasts for installed capacity shows coal will continue to be the dominant power source for investment upto 2025 with a cumulative installed capacity of over 1959 GW. CIC Project data analysis confirms this trend with current investment of over US$793 billion in coal power projects. CIC Projects analysis shows India leads with value of live projects of US$779 billion in all power types. China follows with a value of US$397 billion. Developed countries such as Japan, Australia and New Zealand are not investing greatly in coal powered projects due to environmental issues. Japan is again investing in nuclear together with gas and solar.
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