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Information Industrial Europe issues growing power of the European market, an Industrial Info News Alert

Galway, Ireland – (Marketwire – January 17, 2010) – Written by John Egan to Industrial Info Resources (Sugar Land, Texas) – Monitoring of changes in power of a single country and market power can be challenging enough, but the track these changes through more than 30 European countries with more than a dozen different languages requires a unique skill set. Industrial Info Europe, based in Galway on the west coast of Ireland, has a proven track record of doing just that. Since 2008, the multilingual staff Industrial Information European researchers have cataloged more than 80% of 850,000 megawatts in the region (MW) of electricity generation. This year, the office Galway aims to increase coverage to over 90%. The key to knowing what is happening in a region as diverse, covering the 27 European Union nations, and Russia and neighboring republics, is having a good team of professional researchers with knowledge of different languages and local knowledge.

For more information about Industrial global expansion is helping clients information, see January 11, 2009, article – Global Industrial Expansion Information helps clients find new business opportunities.

"Much of the world's business is conducted in English that can be easily forget that there are more than two dozen national single markets in Europe, everyone speaks a different language, "said Nicholas Lynch, CEO of Industrial Information Europe. "English is widely spoken in many of these markets, but it is the universal language of business in all of them. As the saying goes," one size does not fit for all '. "

"If your company is in the energy business in Europe, is likely involved in many countries, or even the whole region, "he added." Companies are looking to expand its presence throughout the region. That requires a lot of very specific information, and people with language skills and local expertise on local markets. No one else offers information on the global market for industrial spending wide range of European markets we cover. "

To win contracts in the energy sector and energy required to have the intelligence and the right time "living steadily forward." Industrial Info Europe ™ helps clients discover, confirm and maintain close monitoring of information on new capital and maintenance spending opportunities in the energy market through more than 30 European countries and in more than a dozen local languages. "For information on local market quality, we found that language skills and experience in these markets are of vital importance," says Lynch. " If you can not speak the language, then it is almost impossible to know what is happening with respect to new projects. Tracking a successful market requires the collection of information from many different local sources. "

The United States is still in the grip of a vicious recession, but the market remains European power dynamic and increasingly competitive, according to Lynch. "Despite some belt-tightening, the fact remains that the European Commission estimated that in the next decade, 360,000 MW of new electricity generation capacity will be needed to replace aging power plants. That is 50% of the current European Union of installed base. This is a great opportunity for hundreds of dollars in billions of dollars for our clients operating in the energy sector and energy. "

renewable energy projects play an important role in Europe's plans to reduce pollution and reduce carbon dioxide emissions. In pursuit of this objective, the countries of the EU-27 spent about $ 8 billion in power generation with biomass 2008-09. During 2009, these countries have also pledged billions of new dollars to build more than 8,500 MW of new power generation wind, which is the largest sector of renewable energy investment.

The "renaissance" of nuclear energy in Europe and the unit to commercialize carbon capture and storage (CCS) are two key pieces of the efforts of some European countries to increase electricity generation capacity and reduce emissions from power plants. "The nuclear industry is experiencing a renaissance in Europe right now, and the United Kingdom is ahead," says Lynch. "Several countries, including Italy, Sweden and Poland, have reversed previous nuclear bans and are actively driving the new construction nuclear projects. As for the ACC, most energy companies are working hard to deliver a working solution of the CAC, and that in the near future will not be able to build new coal or gas plants without it. Europe Industrial Info is tracking the progress of all major CCS projects underway. "

Industrial Info Europe also provides information on forced and planned outages for maintenance unit of energy traders oil and doing business in European markets. This information is also being used by equipment and service providers who benefit from the work of maintenance at power plants and oil refineries across Europe. In the future there are plans to expand the coverage of European Industrial Information Industry of chemical treatment, metals and minerals industries and pulp and paper.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in industrial process, heavy industry and energy related markets. plant more than 26 years, Industrial has provided information and databases project data spending opportunity, market forecasts, high resolution maps, and industry news daily. For more information, send europe@industrialinfo.eu questions or visit us online at Industrial Information Europe (http://www.industrialinfo.eu).

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