PUBLISHER: GlobalData | PRODUCT CODE: 1663738
PUBLISHER: GlobalData | PRODUCT CODE: 1663738
This report provides a detailed analysis of power construction projects globally, based on projects tracked by GlobalData.
GlobalData estimates the global pipeline for power generation projects at a staggering $7.96 trillion, highlighting the immense potential for growth and innovation in the sector. Of the total pipeline value, 61.4% corresponds to projects in early development stages (pre-planning and planning), 25.8% in the execution stage, and 12.8% in the pre-execution stage (design, tender, and EPC award). Western Europe leads the power generation pipeline, with a total value of $1.49 trillion and a focus on renewable energy, particularly wind, which comprises 73.4% of its projects. North-East Asia follows with a pipeline valued at $1.16 trillion, with China contributing $681.8 billion.