Dive Summary:
- Industrial Info Resources predicts that Texas will spend more than $12 billion on gas-fired generation projects and transmission upgrades by 2016.
- Despite this, the state will continue to struggle to meet demand, according to the Electric Reliability Council of Texas (ERCOT).
- At least 27 gas-fired turbine projects accounting for 14,000 megawatts (MW) are currently underway in Texas.
From the press release:
"Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets."