North American Combined-Cycle Projects Continue Strong Growth, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwire) -- 08/16/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Demand for combustion turbine-generators is increasing, according to manufacturers such as (NYSE:GE) (Fairfield, Connecticut) and (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 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.
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Datum: 16.08.2011 - 04:15 Uhr
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News-ID 1030852
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