European Power Generation Construction Projects, 2019 – Wind Power Projects Account for 61.4% of the Total Pipeline, Ahead of Nuclear with 14.1% – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Project
Insight – Power Generation Construction Projects: Europe”
report has been added to ResearchAndMarkets.com’s
offering.

The report provides analysis based on CIC projects showing total project
values for Europe 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.

Select Findings

• For Europe as a whole, the project pipeline for wind power projects
  has the highest value, at US$269.6 billion, just ahead of nuclear
  power projects, with US$241.6 billion. Wind power is by far the most
  dominant type of power project in Western Europe, accounting for 61.4%
  of the total pipeline, ahead of nuclear with 14.1%.
• Assuming all projects proceed as planned, the current pipeline of
  projects will deliver 251.5GW of generating capacity, with 115.5GW in
  Eastern Europe and 136.0GW in Western Europe. For the region as a
  whole, wind power projects have a combined generating capacity of
  91.2GW, of which 74.1GW is accounted for by Western Europe.
• The pipeline has a relatively high proportion of early stage projects,
  with projects at the planning stage having a total value of US$306.1
  billion, and those at the earlier stages (of announcement and study)
  totaling US$78.5 billion.
• Funding for projects in the pipeline is predominantly private, with
  privately-funded projects accounting for 54% of the total, followed by
  public with 25%. Joint public and private investment is responsible
  for 21% of power generation project investment in Europe as a whole.
• The UK has the highest-value project pipeline for Europe, with
  US$238.4 billion, reflecting large-scale investments in new wind power
  generation projects.
• The highest value project in Europe is the US$37.5 billion Sinop
  Nuclear Power Plant in Turkey. However, the project has been long
  delayed, and there are rising concerns that the Japanese-French
  consortium comprising Mitsubishi Heavy Industries and Areva will pull
  out of the project owing to rising costs.

Market Insights

Europe’s mature power generation market is set to decline in terms of
consumption levels, in line with the power generation strategy for EU
countries. The EU’s Energy Efficiency Directive and the Renewable Energy
Directive set targets for energy efficiency (reductions in energy
production) and for the share of energy needs delivered from renewable
sources.

According to the BP Statistical Review, energy consumption in Europe
(including Russia) was 2,668 million tonnes oil equivalent (Mtoe) in
2017, with Russia, Germany and France leading with 698.3, 335.1 and
237.9 Mtoe respectively. Although this was an increase on the previous
year, consumption levels are declining in Europe, in contrast to the
positive growth in emerging markets.

The directives relative to renewables are reflected in the energy mix in
the power generation construction projects pipeline. The publisher is
currently tracking power generation construction projects in Europe with
a total value of US$693.2 billion, which includes projects from the
announced to execution stages. Western Europe’s project pipeline totals
US$380.2 billion, ahead of Eastern Europe with US$313 billion.

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.

Topics Covered

1. Overview

2. Sector Analytics

2.1. Solar

2.2. Gas

2.3. Nuclear

2.4. Hydroelectric

2.5. Coal

2.6. Wind

3. Key Operators

4. Project Analytics by Country

4.1. UK

4.2. Turkey

4.3. Russia

4.4. Poland

4.5. France

4.6. Germany

4.7. Netherlands

4.8. Hungary

4.9. Ireland

4.10. Romania

For more information about this report visit https://www.researchandmarkets.com/r/vlplnq

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Topics: Construction