Market Research Report
Project Insight - Power Generation Construction Projects: The Americas
|Published by||GlobalData||Product code||482441|
|Published||Content info||66 Pages
Delivery time: 1-2 business days
|Project Insight - Power Generation Construction Projects: The Americas|
|Published: April 30, 2019||Content info: 66 Pages||
The US is the dominant economic market in the Americas and is the world's second largest energy consumer after China. Energy consumption in the US in 2017 stood at 2,235 million tonnes of oil equivalent (mtoe), ahead of 349 mtoe in Canada and 294 mote in Brazil (Latin America's biggest economy). According to the US Energy Information Administration (EIA), natural gas provided the highest amount of electricity generation in 2018, with 35.1%, followed by coal with 27.4%, nuclear with 19.3% and renewable sources with 17.1%. Of the renewable energy sources, hydroelectric made up 7% of total energy production.
Canada, which is in the second place for the value of power generation construction projects tracked by GlobalData, is an exporter of dry natural gas to the US, although most of its energy needs are provided by hydroelectric power, which represented 56% of the country's electricity generation in 2017.
In Brazil, the hydropower sector also makes up for the majority of the country's total energy capacity and satisfies more than three-quarters of electricity demand. However, the country has committed to expand its non-hydro renewable sources to 48% by 2026 under its 10-Year Energy Expansion Plan 2026. Given its abundant resources, Brazil has a lot of potential to generate electricity not only from water but also from renewable sources such as wind, solar and biomass.
The report provides analysis based on CIC projects showing total project values for the Americas and analysis by stage and funding for the top ten countries. The top 50 projects are listed for the region giving country, stage, value and type of power generation construction. Values by ten types of project power categories are given, including nuclear, wind, coal and biomass. Power generation capacity (MW) analysis is also provided. Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners.
GlobalData is currently tracking 1,402 power generation construction projects across the Americas at all stages of development, from announcement to execution. Collectively these projects are valued at US$825.3 billion.