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Non-Public Companies : Energy, Environment & Natural Resources


Development of Natural-Gas-Fired Generation Increases in the U.S., an Industrial Info News Alert

Sep 2, 2009 - 6:36:02 AM

News Source MARKET WIRE

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SUGAR LAND, TX -- (Marketwire) -- 09/02/09 -- Written by Britt Burt, VP Power Industry forIndustrial Info Resources (Sugar Land, Texas) -- The Power Industry is experiencing a growth period in termsof constructing new natural-gas-fired generating capacity. Since the bottomfell out in 2005, new construction activity for gas capacity has grown at apace of more than 20% per year, and while we do not expect new constructionactivity in 2009 to surpass last year, the number of projects underdevelopment continues to grow. Right now projects currently on the booksfor kickoff by the end of the year could represent a 52% increase inconstruction kickoffs over the previous year.

Companies featured: Dominion Energy (NYSE:D), FPL Group Incorporated (NYSE:FPL)

For details, view the entire article by subscribing to Industrial Info'sPremium Industry News athttp://www.industrialinfo.com/showNews.jsp?newsitemID=149773, or browseother breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is the leading provider of global marketintelligence specializing in the industrial process, heavy manufacturingand energy related markets. For more than 26 years, Industrial Info hasprovided plant and project opportunity databases, market forecasts, highresolution maps, and daily industry news. For more information sendinquiries to powergroup@industrialinfo.com or visit us online atwww.industrialinfo.com.

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