2022 GLOBAL POWER PROJECTS MARKET
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Business & Industrial / Energy Infrastructure

2022 GLOBAL POWER PROJECTS MARKET

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This study focuses on the overall global power projects market with regional analysis for the Middle East & Africa, Latin America, Europe, and Asia Pacific. Power projects are defined as projects that require generators over 400 kVA through short- to medium-term contracts. These contracts generally have a fixed rental cost, based on the power output, and a variable operation and maintenance cost, based on the electricity generated or the hours of operation. Power projects may be either connected to the electric power grid, as distributed energy sources, or isolated from the grid in stand-alone applications. For the purposes of this study, the analysis was focused only on the power projects segment. The base year for the study is 2021. [Published June 2022]  The COVID-19 outbreak has had a negative impact on revenues for temporary power companies in 2020 and 2021. Most companies have been affected by lower demand and supply chain constraints. However, the market has been recoverin

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