Improving the bottom line

Journal Article · · Independent Energy; (United States)

OSTI ID:7231389

Anderson, J; Hennagir, T

With slower sales in North America and Europe, manufacturers are looking to supply power equipment in the expanding global markets. In doing so, they are finding opportunities and challenges. Competition is tougher in these markets; as well, each market has its own demands. Independent Energy recently spoke with a number of the top manufacturing companies and several system packagers about the markets for power equipment. The topics ranged from higher efficiencies and lower emissions on gas turbines to larger boilers. A growing need for cleaner combustion technologies in many emerging nations, are leading vendors to keep research and development (R D) budgets at the top of priority lists. In order to find ways to meet cleaner, more efficient demands, some of the equipment industry's leaders are renewing old partnerships and making new ones through alliances and joint ventures. Combining R D efforts and offering equipment delivery from points around the world instead of one central source is crucial to success in these expanding markets. As well, these alliances offer manufacturers the opportunity to find partners in the countries where much of the new power generation supply will be built. This makes doing business with local or state utilities - and developers who also are seeking local partners - less risky. At the same time, it offers opportunities for these companies to expand into new markets and provide equipment from a local level, boosting economic growth in emerging nations. As manufacturers adjust their market positions, they prepare themselves for an expanding world marketplace which demands more competitive, more efficient and constantly improving ways of doing business.

• OSTI ID: 7231389
• Journal Information: Independent Energy; (United States), Journal Name: Independent Energy; (United States) Vol. 24:5; ISSN 1043-7320; ISSN IDPEEW
• Country of Publication: United States
• Language: English

Related Subjects

20 FOSSIL-FUELED POWER PLANTS
200100 -- Fossil-Fueled Power Plants-- Power Plants & Power Generation
200200 -- Fossil-Fueled Power Plants-- Waste Management
200600* -- Fossil-Fueled Power Plants-- Economic
Industrial
& Business Aspects-- (1990-)
AIR POLLUTION CONTROL
BOILERS
CHALCOGENIDES
CIRCULATING SYSTEMS
COMBINED CYCLES
CONTROL
EFFICIENCY
ENERGY EFFICIENCY
EQUIPMENT
FLUIDIZED BED BOILERS
GAS TURBINE POWER PLANTS
GAS TURBINES
MACHINERY
MANUFACTURERS
MARKET
NITROGEN COMPOUNDS
NITROGEN OXIDES
OXIDES
OXYGEN COMPOUNDS
POLLUTION CONTROL
POWER GENERATION
POWER PLANTS
PROFITS
THERMODYNAMIC CYCLES
TURBINES
TURBOMACHINERY