Project Insight - Power Generation Construction Projects: The Americas
The US is the dominant economic market in the Americas and is the largest energy consumer on the continent. The US has seen reducing energy consumption since 2014, due to the effects of the global recession dampening demand from industry and improved energy efficiency measures.
Brazil, the major economy of Latin America, is a world leader in hydroelectric power, being second behind China globally, with hydroelectric power providing over 70% of the country’s electricity.
This report provides detailed analysis, information and insights based on 1,538 CIC projects in the Americas, including detailed metrics on the region's power generation construction projects (as tracked by CIC) split by country and value and by ten types of project including nuclear, fossil fuels and renewable sources such as solar, biomass and wind. Country profiles are provided for the top 10 countries including the US, Brazil and Canada.
Timetric’s Construction Intelligence Center (CIC) is currently tracking power generation construction projects in the Americas with a total value of US$890.2 billion. Of this, US$352.3 billion is in the planning stage. The US accounts for the highest value with US$344.3 billion, followed by Brazil with projects valuing US$127.4 billion. Canada and Chile follow with power generation projects with a value of US$92.2 billion and US$92.1 billion respectively. The Americas highest project investment is in wind power with a value of US$239.3 billion followed by hydroelectric power with a value of US$ 217.4 billion. The largest projects currently in the pipeline are the US$22.0 billion Mariah Wind Farm and the US$20.0 billion North Anna Power Station Unit III, both in the US.
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. Reasons To Buy