Project Insight - Global Power Generation Construction Projects (Q3 2024)

Project Insight - Global Power Generation Construction Projects (Q3 2024)

Summary

This report provides a detailed analysis of power construction projects globally, based on projects tracked by GlobalData.

According to GlobalData, the global power generation projects pipeline is currently valued at $7.80 trillion. Of the global pipeline's value, 63.2% is attributed to projects in the early stages of development (pre-planning and planning), 24.9% is represented by projects in the execution stage, and 11.9% comprises projects in the pre-execution stage (design, tender, and EPC award). The energy sector is experiencing significant growth in wind farm projects, which represent the largest share of energy generation at 39.8%, amounting to $3.11 trillion. If all wind energy projects proceed as planned, they will contribute an additional 1,523GW of energy production capacity. Solar plants also hold a substantial share of the total pipeline value at 15.5% ($1.20 trillion) and are expected to add 1,569GW to global production capacity. Hydroelectric power follows closely with a 14.7% share ($1.14 trillion) and a capacity of 760GW.

Scope

• The report provides analysis based on GlobalData's construction projects showing total project values and analysis by stage and funding for all regions. The top 20 projects per region are listed giving country, stage, value of projects. Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners.

Reasons to Buy

• Gain insight into the development of the power construction sector.
• Assess all major projects by value, start date, scope and stage of development globally, for the regions to support business development activities.
• Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.