The Powerplant Market is Thriving, But Questions Persist on Coal and Gas
The market for building new powerplants and wind farms in the U. S. is very strong, with most of the top contractors in the sector reporting record or near-record levels of activity and backlogs.
But questions remain about the strength of specific market segments going forward. For example, will the cancelation of several pulverized coal projects in Texas and Florida this year be echoed elsewhere, and will the possible enactment of federal carbon legislation in 2009 further stifle demand for such plants?