Abstract
SUMMARY
The major conclusions of this report are summarized as follows:
- Electric consumption drives GDP growth and prosperity.
- In order to increase GDP, on both a national and per capita basis, new electric capacity needs to be installed and existing systems need to be upgraded.
- Global demand for electrical generation, transmission and distribution products and services will equal $400 billion in 2007 and is increasing 8% annually in real terms.
- Nuclear energy will continue to grow in importance due to its more favourable impact on climate-change compared to hydrocarbon based generation inputs.
- Renewable fuels, despite the hype, are and will continue to be a niche segment.
- The companies best positioned in this environment include Siemens, GE, Areva, ABB and The Shaw Group.
Table of Contents
1. INTRODUCTION
- 1.1 OBJECTIVES
- 1.2 DEFINITIONS
- 1.2.1 Generation Equipment
- 1.2.2 Transmission & Distribution Products
- 1.2.3 Engineering and Construction Costs
- 1.2.4 Other
2. SUMMARY
3. MACRO ENVIRONMENT
4. MARKET OVERVIEW
- 4.1 Generation
- 4.2 Transmission and Distribution
- 4.3 Other points worth noting are these:
5. MARKET PARTICIPANTS
- 5.1 ABB LTD
- 5.1.1 Organizational Structure
- 5.1.2 Financials
- 5.1.3 The Power Products Division
- Customers
- Sales and Marketing
- 5.1.4 Power Systems Division
- Customers
- Sales and Marketing
- 5.2 AREVA CIP
- 5.2.1 History
- 5.2.2 Operations
- 5.2.3 Financials
- 5.2.4 T&D
- 5.3 FLUOR
- 5.3.1 History
- 5.3.2 Organizational Structure
- 5.3.3 Financials
- 5.4 GENERAL ELECTRIC
- 5.4.1 Background
- 5.4.2 Organizational Structure
- 5.4.3 Financials
- 5.5 SIEMENS
- 5.5.1 Background
- 5.5.2 Financials
- 5.5.3 Power
- Power Generation (PG)
- 5.5.4 Power Transmission and Distribution (PTD)
- 5.6 The Shaw Group
- 5.6.1 Background
- 5.6.2 Financials
- 5.7 URS CORP
- 5.7.1 Background
- 5.7.2 Financials
6. APPENDICES
- 6.1 WORLD SUMMARY STATISTICS
- 6.2 BACKGROUND COUNTRY INFORMATION
- 6.2.1 Europe
- 6.2.2 Africa
- 6.2.3 Asia
- 6.2.4 South America
- 6.2.5 North and Central America and Caribbean
- 6.2.6 Oceania
- 6.3 World Installed Capacity by Region by Country by Type 2004
- 6.4 World Electrical Production by Region by Country by Type 2003
- 6.5 EXCHANGE RATES



