Industry forecast
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Trends
Carbon-Free Energy Is the Name of the Game: Renewables, Nuclear Poised for Growth
Solar, wind, and nuclear power, as well as battery storage systems, are the obvious winners as the world aims to decarbonize energy systems. It shouldn’t be a surprise to anyone who has been following trends
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Trends
Clean Energy Transition Continues Despite Reliability, Supply Chain, and Financial Uncertainty
Although there is a risk of energy shortfalls in parts of the U.S. if extreme summer temperatures materialize, there is no stopping the clean energy transition that is sweeping the nation. Energy storage
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Trends
Grid Infrastructure and Renewable Energy Projects Thrive, Workforce and Supply Chain Issues Continue in 2023
The Inflation Reduction Act will spur growth in clean energy and upgrades to grid infrastructure, but workforce shortages and supply chain constraints are likely to challenge power companies for at least the
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Renewables
The More Things Change, the More They Stay the Same: Renewable Energy Growth Continues
Wind and solar power capacity and generation have been growing steadily for years, as efforts to halt climate change and a desire for clean energy have gained public support around the world. As renewable
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Commentary
Hope in the New Year: Opportunities Abound for the Power Industry
There are challenges facing the power industry in 2018, but there are also a lot of exciting opportunities. Renewable energy and gas-fired generation are expected to continue growing, but changes in federal
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Commentary
Burns & McDonnell Sees U.S. Market in Transition While Asian Market Grows
The U.S. power generation market is experiencing a unique set of transitional drivers, the biggest being the current economics within the energy market. U.S. Market Drivers A significant portion of the U.S
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Legal & Regulatory
Europe Faces Capacity and Cost Challenges in 2014
This is expected to be the year when modest economic growth at last returns to a recession-hit Europe. Recent depressed power demand from industry has already allowed the 27 countries of the European Union
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Gas
Shale: The Rock That Rocked the World
In the early 1980s, a man named George Mitchell, who owned an independent oil and gas company in Houston, began to see a distressing trend in his company’s future. Mitchell Energy supplied natural gas to a
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Legal & Regulatory
A Rising Tide of Regulation and the “Kick-the-Can” Gambit
A tidal wave of pent-up federal regulations could surge across much of the electricity industry in 2014. In recent years, Congress has been unable to enact new laws in energy, which has led a frustrated
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Environmental
Black & Veatch Foresees U.S. and Global Opportunities
Black & Veatch expects sustained growth across global energy markets in 2014 with several ongoing themes continuing. Key market drivers supporting power infrastructure spend remain the same, centering on
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