NEWS RELEASE NOVEMBER 2013
Power Plant Operators Will Spend $8.5 Billion on Precipitators Next Year
Operators of coal-fired power plants will spend $4.5 billion on new electrostatic precipitators in 2014 and $4 billion for upgrades and repairs. This is the latest forecast in the continually updated Electrostatic Precipitator World Market published by the McIlvaine Company.
2014 Fossil-fired and Nuclear Power Generation Market
Technology |
Units |
Coal-fired Power Plant investment |
Precipitator Expenditures |
||
|
|
Existing |
New |
Existing |
New |
Capacity |
GW |
2,300 |
100 |
2,200 |
90 |
Total Investment |
$ Billions |
240 |
200 |
4 |
4.5 |
Combined New and Existing |
$ Billions |
440 |
8.5 |
For the last decade, China has led the world in precipitator purchases. It is continuing to build new coal-fired power plants and for the present is investing tens of millions of dollars for precipitators at each power plant. However, new regulations limiting particulate emissions will very possibly force operators to purchase fabric filters instead of precipitators in the future.
It is not all bad news for precipitator suppliers. Upgrades to existing precipitators can make them much more efficient. So, while the new equipment market will stagnate in coming years, the market for upgrades and repairs will continue to steadily grow.
For more information on: Electrostatic Precipitator World Market, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/111-n018