NEWS RELEASE FEBRUARY 2016
Gas Turbine after Market is both Substantial and Concentrated
As the U.S. switches from coal to gas a very large after market is developing for intake filters, valves, pumps, turbine and HRSG components. McIlvaine quantifies and tracks all the activity in Gas Turbine and Combined Cycle Supplier Program.
Of the 440 GW of gas turbine-generated power operating in the U.S. as of the end of 2015, 170 GW or over one-third is produced by the top ten producers.
Largest Gas-Turbine Power Producers in the U.S.
Based on Capacity as of the end of 2015
|Rank||Power Producer||Gas-Turbine Power Production|
|Total Capacity (MW)||Number of Facilities||Total Number of Units|
Note: “Total Number of Units” includes both combustion and steam turbines.
Most of these producers are large, U.S.-based energy companies. However, Engie (known as GDF Suez until April 2015) is a France-based multinational energy company and one of the largest independent power producers in the world. In 2011 and 2012, Engie doubled its U.S. power generation capacity through acquisitions. Berkshire Hathaway is essentially a holding company with an energy division which includes MidAmerican Energy (acquired in 1999), PacifiCorp (2005) and NV Energy (2013).
Identifying key decision makers has become particularly difficult over the last decade due to electricity restructuring in the U.S. The distinction between regulated and deregulated companies has become blurred. Power plants are bought and sold frequently as companies and utilities seek to make a profit in the new market-oriented environment.
McIlvaine has been tracking ownership changes and reports on them regularly along with identifying every new and existing power plant and project worldwide. For more information on 59EI Gas Turbine and Combined Cycle Supplier Program click on: http://home.mcilvainecompany.com/index.php/markets/28-energy/610-59ei