Project Insight – Power Generation Construction Projects: Asia-Pacific

2019-04-30
Price :
Published : Apr-2019
No. of Pages : 51

Project Insight – Power Generation Construction Projects: Asia-Pacific

Summary

Asia-Pacific remains a key engine of global economic growth, and this is mirrored in its increased demand for power to fuel its vibrant industrial production and expanding populations. The Asia-Pacific region comprises 60% of the global population, and consumes more than half of the global energy supply. China is by far the leading consumer of energy; in 2017 total consumption in China reached 3,132 million tonnes oil equivalent (Mtoe), equivalent to 23% of the world total, according to the BP Statistical Review. The Asia-Pacific region’s total consumption stood at 5,744 Mtoe.

China is the dominant investor in renewable energy, driven by the requirement to be less dependent on fossil fuels, which powered the growth in industrial production and the country’s urban expansion over the last two decades. The Five-Year Plan, produced in November 2016, set out a strategy for a reduction in coal in energy production from 64% in 2015 to 58% by 2020. The need to reduce air pollution, which blights its major cities, has contributed to the strategy for more sustainable power sources.

The report provides analysis based on CIC projects showing total project values for Asia-Pacific 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 power generation construction projects in Asia-Pacific with a total value of US$2.0 trillion, which includes projects from the announced to execution stages. The pipeline comprises a relatively high share of projects at the early stages of development.

Scope

– With its economic dominance of the region, China has the highest value project pipeline both for the region and globally, with US$473.9 billion, or 28% of the total for the region. India follows with projects with a value of US$433.2 billion.
– Assuming all projects proceed as planned, spending will reach US$344.3 billion in 2020 and US$317.5 billion in 2021, and if all projects tracked in the Asia-Pacific region are completed, they would add 1,233GW to the region’s generation capacity.
– Coal is the dominant fuel for new power generation projects in Asia-Pacific. The total value of coal power generation projects being tracked in Asia-Pacific stands at US$523.8 billion, followed by hydroelectric plants with US$477.9 billion.
– Funding for projects is predominantly public, with 45%, followed by private with 35% and joint public and private with 25%.
– Many of the highest-value projects are in India and China. The largest three projects being tracked are nuclear power projects in India.

Reasons to buy

– Gain insight and see forecasts for the power generation construction sector.
– Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.
– Plan campaigns by country, based on specific project opportunities and align resources to the most attractive markets.

Filed in: Manufacturing
Publisher : GlobalData
More Reports
Title Price Buy Now

Construction in Switzerland – Key Trends and Opportunities to 2023

Construction in Switzerland - Key Trends and Opportunities to 2023 Summary The Swiss construction industry expanded by 1.4% in real terms in 2018; this was preceded by annual growth of 1.3% in 2017, 1.6% in 2016 and 0.1% in 2015. Slow growth can be attributed to the sluggish economic expansion during the period of 2015-2017, coupled with low global commodity demand, although the government's investment in infrastructure, energy and institutional construction projects provided support to the construction industry to remain positive. The industry is expected to record marginal growth over the forecast period (2019-2023), supported by investment in commercial, institutional, residential and renewable energy projects. To reduce traffic congestion in the country, the government is focusing ......
$1495

Global Construction Outlook to 2023 – Q3 2019 Update

Global Construction Outlook to 2023 - Q3 2019 Update Summary This report provides a detailed analysis of the prospects for the global construction industry up to 2023. GlobalData has revised downwards its forecast for global construction output growth in 2019 to 2.7%, which will be the slowest pace of growth in a decade. The deterioration in construction output growth across emerging markets has been worse than previously expected, particularly in the Middle East, while some major advanced economies have struggled to generate growth momentum, including the US, the UK and Australia. In China, where the authorities are stepping up investment in infrastructure to prevent a continued slowdown, growth will remain positive, contributing to a slight acceleration in growth in total output in t......
$4950

Construction in Iraq – Key Trends and Opportunities to 2023

Construction in Iraq - Key Trends and Opportunities to 2023 Summary Following three years of contraction, Iraq's construction industry is expected to recover in 2019, with the industry's output expected to register a growth of 25% in real terms that year. The growth momentum is expected to continue throughout the forecast period (2019-2023), driven by a recovery in crude oil prices, coupled with government's investment towards new oil and gas projects, as well as water and sewage infrastructure. Furthermore, the government's plan to redevelop war-affected transport infrastructure and houses in the country is expected to support the industry's output over the forecast period. In July 2019, the government allocated IQD2.6 trillion (US$2.2 billion) to redevelop the country's damaged infra......
$1495

Construction in Ireland – Key Trends and Opportunities to 2023

Construction in Ireland - Key Trends and Opportunities to 2023 Summary Ireland's construction industry expanded by 11% in real terms in 2018, this was preceded by an average annual growth of 9.4% during the preceding four years. Growth during the review period (2014-2018) was driven by positive developments in regional economic conditions, as well as government and private sector investment across residential, institutional, commercial and transport infrastructure projects. The industry is expected to continue to expand over the forecast period (2019-2023), albeit at a slower pace compared to the review period. Growth will be driven by the government's efforts to develop the country's transport infrastructure and improve the housing sector. In the 2019 budget, the government increased t......
$1495

Construction in Portugal – Key Trends and Opportunities to 2023

Construction in Portugal - Key Trends and Opportunities to 2023 Summary Portugal's construction industry registered growth of 6.3% and 2.2% in real terms in 2017 and 2018 respectively, following an average annual growth of -3.1% during 2014-2016. This growth can be attributed to an increase in private consumption, rising household real disposable income, declining unemployment and rising wages. Over the forecast period (2019-2023), the industry is expected to be supported by the government's focus on developing cross-border transport infrastructure to improve the country's trade activities. The government plans to build the Southern European Rail Line to connect Évora in Portugal to Elvas, a town bordering Spain. The project is a part of the EUR2 billion (US$2.4 billion) - Ferrovia 202......
$1495

Construction in Denmark – Key Trends and Opportunities to 2023

Construction in Denmark - Key Trends and Opportunities to 2023 Summary Denmark's construction industry regained growth momentum in 2018, with output expanding by 5.7% in real terms - up from 3.3% in 2017. Growth during the review period (2014-2018) averaged 6.2% a year, and was supported by public and private sector investment in infrastructure, energy and residential construction projects. Financial assistance from the European Union (EU) to develop the country's overall infrastructure also supported industry growth during the review period. In the current Multiannual Financial Framework (2014-2020), the EU plans to allocate DKK11.1 billion (US$2.0 billion) to Denmark, of which DKK7.2 billion (US$1.3 billion) was allocated by the end of 2018. The industry is expected to continue to exp......
$1495

Construction in Finland – Key Trends and Opportunities to 2023

Construction in Finland - Key Trends and Opportunities to 2023 Summary Finland's construction industry expanded by 4.1% in real terms in 2018. This was preceded by an average annual growth of 3.3% during the preceding four years. Growth during the review period (2014-2018) was driven by positive developments in regional economic conditions and government investment in energy, residential and institutional construction projects. The country's construction industry is, however, expected to contract in real terms - by 0.2% in 2019 and 2% in 2020 - before regaining growth momentum. Low spending on residential building due to oversupply, a shortage of labor and a decline in building permits is expected to hamper the growth of the construction industry during the period of 2019-2020. Over th......
$1495

Construction in Russia – Key Trends and Opportunities to 2023

Construction in Russia - Key Trends and Opportunities to 2023 Summary Following a negative growth in 2017, construction activities in Russia picked up sharply in 2018, with the start of work on the liquefied natural gas (LNG) projects providing a spurt, along with work related to host the 2018 Fifa World Cup. As a result, the country's construction industry grew by 4.7% in real terms in 2018, compared to -1.2% in 2017. The government invested RUB904.6 billion (US$14 billion) on the development of hotels, transport facilities and other related infrastructure in 11 cities of the country to host the 2018 Fifa World Cup. The industry is expected to continue to grow over the forecast period (2019-2023), supported by the government's effort to revitalize economic growth through investments i......
$1495

Trends and Opportunities in the US Packaging Industry

Trends and Opportunities in the US Packaging Industry Summary The packaging industry in the US is estimated to grow from 587.9 billion units in 2018 to 623.5 billion units by 2023, at a CAGR of 1.2%. Busier lifestyles, rising purchasing power and consequently growing demand for quick and on-the-go packaged goods is fueling growth in the packaging industry in the US. Product packaging with convenient, functional, and eco-friendly formats are expected to gain greater proliferation in the country. Over 2018-2023, the unit growth of rigid plastics is expected be the fastest, while the use of paper & board is expected to decline, over the same period. This report brings together multiple data sources to provide a comprehensive overview of the US packaging industry. It includes market overvie......
$3120

Construction in France – Key Trends and Opportunities to 2023

Construction in France - Key Trends and Opportunities to 2023 Summary The French construction industry registered marginal growth in 2018, with output expanding by 1.1% in real terms - down from 3.5% in 2017. The pace of expansion was hampered by sluggish economic growth, which eased to 1.5% in 2018, compared to 2.3% growth in 2017, owing in part to a hike in fuel taxes and transporter's strikes. Investor confidence is also being undermined by political risks associated with the ‘yellow vests' protests. Although the number of protestors at the ‘yellow vests' rallies in France fell sharply by mid-2019, there are growing concerns over the impact on the economy from the disruption caused by the movement since it began late 2018. The protests were initially established to challenge fuel ta......
$1495
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy