PUBLISHER: GlobalData | PRODUCT CODE: 2032124
PUBLISHER: GlobalData | PRODUCT CODE: 2032124
GlobalData estimates the global power generation project pipeline at approximately $8.09 trillion, reflecting substantial opportunities for capacity expansion, grid enhancement, and technology deployment worldwide. According to GlobalData's analysis, 63.8% of the total project value is concentrated in the pre-planning and planning stages, highlighting a robust forward-looking development pipeline. Projects under execution account for 22.5%, while 13.7% remain in the pre-execution phase, covering detailed design, tendering, and EPC award processes. Regionally, Western Europe leads with a total pipeline value of $1.51 trillion, driven by ambitious renewable energy targets, with offshore and onshore wind projects comprising over 68% of the region's planned project value.