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Frost & Sullivan's Web Conference on Power Generation Investment Market: Expected a New Boom Cycle in a Few Years Time

Posted on: Tuesday, 10 March 2009, 03:30 CDT

LONDON, March 10 /PRNewswire/ -- Will new power plants be built and when is this likely to happen? Who will be building them? To what extent is the financial crisis affecting leading players in the industry? Frost & Sullivan will provide its perspective of the Power Generation Investment Market in Europe at the web conference which will take place on Tuesday, 24 March, at 3 pm GMT. Jonathan Robinson, Frost & Sullivan Consultant within the Energy & Environment Practice in Europe, will offer an overview of the market and will answer these questions and more.

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To have access to our complimentary web briefing, please email Chiara Carella at chiara.carella@frost.com with the following information: your full name, company name, title, telephone number, e-mail, address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

The scene was set: after years of low investment, principally because of negotiations within the European Union over emissions limits and plant closure dates, a broad consensus had been reached. Europe needed new power plants; governments were keen to see them constructed and Utilities were prepared to get on and start building them. Then came the surge in raw material costs, fuel price volatility and the slow pace of power plant approvals. Now the financial system is under siege and the market is slowing down.

"The drop in electricity demand and prices, which has been caused by the slowdown, is hurting sentiment in the market, but the longer-term impact is far less severe. Investment to replace aging plants is simply unavoidable and lower demand for equipment in the short-term will simply result in another boom cycle in a few years time," observes Consultant Jonathan Robinson.

The aim of this briefing is to try and see the way ahead for the power industry in the context of all that has happened.

This briefing will benefit original equipment manufacturers, power utility companies, government and non-governmental organisations and any individual or private investor with an interest in the future development of the power generation market in Europe.

GIL 2009: Europe

Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20 May, at the Sofitel St James in London. GIL Global is the industry's only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for 'GIL 2009: Europe', please contact Chiara Carella, Head of Corporate Communications for Frost & Sullivan in Europe, at chiara.carella@frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit www.frost.com/giluk

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Contact: Chiara Carella Corporate Communications P: 0044 (0) 207 3438314 E: chiara.carella@frost.com http://www.frost.com

SOURCE Frost & Sullivan

Source: PR Newswire

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