Study of Equipment Prices in the Power Sector
Global economic growth, particularly from 2004 to 20071, has fueled an expansion in the construction of industrial, power plant, and manufacturing facilities in the United States and a dramatic escalation in the construction of these types of heavy...
| Main Author: | |
|---|---|
| Format: | ESMAP Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2009/12/18381976/study-equipment-prices-power-sector http://hdl.handle.net/10986/17531 |
| id |
okr-10986-17531 |
|---|---|
| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS ROADS ALUMINUM PRICES APPROACH AVAILABILITY AVERAGE PRICE BALANCE BIDDING BOILER BOILER MANUFACTURERS BOILER TECHNOLOGY BOILER WORKS BOILERS BRAND BRAND EQUITY BUILDING MATERIALS BUYERS CAPABILITY CAPACITY FACTOR CARBON CATALYTIC REDUCTION CEMENT CLEAN COAL CLEAN COAL TECHNOLOGY COAL COAL POWER PLANTS COAL PRODUCE COMBUSTION COMBUSTION ENGINEERING COMBUSTION TURBINE COMBUSTION TURBINE UNITS COMBUSTION TURBINES COMMERCE COMMODITIES COMMODITY COMMODITY PRICES COMPETITIVE ADVANTAGE CONSTRUCTION MATERIALS CONSUMER GOODS COPPER PRICE COPYRIGHT COST INCREASE COST INCREASES COST OF GAS CRUDE OIL CUSTOMS CYCLE GAS CYCLE PLANT CYCLE SYSTEM DEMAND FOR POWER DIESEL DIESEL ENGINE DIESEL GENERATOR DISTRIBUTION SYSTEMS DOMESTIC MARKET DOMESTIC SUPPLY ELECTRIC GENERATORS ELECTRICAL POWER ELECTRICAL POWER SECTOR ELECTRICAL PRODUCTION ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRIFICATION ELECTROSTATIC PRECIPITATOR EMISSION EMISSION CONTROL EMISSION CONTROL SYSTEMS EMISSIONS ENERGY GENERATION ENERGY PRODUCTION EQUIPMENT ESP EXPENDITURES EXPORT MARKET EXTERNAL MARKET FLUE GAS FLUE GAS DESULFURIZATION FOSSIL FOSSIL PLANTS FUEL FUEL GAS FUEL PRICES GAS GAS TURBINE GAS TURBINES GENERATION GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETPLACE GRID ELECTRIFICATION GROSS DOMESTIC PRODUCT HEAT HEAT EXCHANGERS HEAT RATE HEAT RECOVERY HOUSING MARKET INFLATION INJECTION SYSTEMS INNOVATION INSTALLATIONS INTERMEDIATE PRODUCTS INTERNATIONAL MARKET INTERNATIONAL STANDARD INTERNATIONAL STANDARDS JOINT VENTURE JOINT VENTURES KILOWATT-HOUR MANUFACTURING MARKET CONDITIONS MARKET DEMAND MARKET ENTRY MARKET PRICE MARKET PRICES MARKET PROJECTIONS MARKET SHARE MARKET TRENDS MARKETPLACE MONOPOLY NATURAL GAS NET OIL NITROGEN NITROGEN OXIDES NUCLEAR POWER NUCLEAR POWER PLANTS OIL OIL COMPANIES OIL DEMAND OIL EXPLORATION OIL REFINERIES OIL SUPPLY ONSHORE WIND PEAK MEGAWATT PETROLEUM PLANT OUTPUT POWER POWER CURVE POWER GRID POWER LAW POWER PLANT POWER PLANT CONSTRUCTION POWER PLANT OWNERS POWER PLANTS POWER SECTOR POWER SECTORS PRICE FLUCTUATIONS PRICE INCREASES PRICE INDEX PRICE INDEXES PRICE LEVEL PRICE OF OIL PRICE OF POWER PRICE TRENDS PRICING STRATEGY PRODUCER PRICE PRODUCER PRICE INDICES PRODUCTIVITY PURCHASING R&D RAW MATERIAL RAW MATERIALS RAW WATER REAGENT HANDLING REFINED PETROLEUM PRODUCTS RESULT RESULTS SALES SITES SOLAR THERMAL SPREAD STEAM CONDITIONS STEAM PLANT STEAM TURBINE STEAM TURBINES SUBCRITICAL PC SUBCRITICAL PLANTS SUBCRITICAL UNITS SULFUR SULFUR DIOXIDE SUPPLIER SUPPLIERS SURPLUS TAX CREDIT TECHNOLOGY DEVELOPMENT TIME PERIOD TIME PERIODS TRANSACTION TURBINE GENERATOR TURBINE GENERATORS WIND WIND FARM WIND FARMS WIND PROJECTS WIND TURBINE WIND TURBINES WORLD MARKET |
| spellingShingle |
ACCESS ROADS ALUMINUM PRICES APPROACH AVAILABILITY AVERAGE PRICE BALANCE BIDDING BOILER BOILER MANUFACTURERS BOILER TECHNOLOGY BOILER WORKS BOILERS BRAND BRAND EQUITY BUILDING MATERIALS BUYERS CAPABILITY CAPACITY FACTOR CARBON CATALYTIC REDUCTION CEMENT CLEAN COAL CLEAN COAL TECHNOLOGY COAL COAL POWER PLANTS COAL PRODUCE COMBUSTION COMBUSTION ENGINEERING COMBUSTION TURBINE COMBUSTION TURBINE UNITS COMBUSTION TURBINES COMMERCE COMMODITIES COMMODITY COMMODITY PRICES COMPETITIVE ADVANTAGE CONSTRUCTION MATERIALS CONSUMER GOODS COPPER PRICE COPYRIGHT COST INCREASE COST INCREASES COST OF GAS CRUDE OIL CUSTOMS CYCLE GAS CYCLE PLANT CYCLE SYSTEM DEMAND FOR POWER DIESEL DIESEL ENGINE DIESEL GENERATOR DISTRIBUTION SYSTEMS DOMESTIC MARKET DOMESTIC SUPPLY ELECTRIC GENERATORS ELECTRICAL POWER ELECTRICAL POWER SECTOR ELECTRICAL PRODUCTION ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRIFICATION ELECTROSTATIC PRECIPITATOR EMISSION EMISSION CONTROL EMISSION CONTROL SYSTEMS EMISSIONS ENERGY GENERATION ENERGY PRODUCTION EQUIPMENT ESP EXPENDITURES EXPORT MARKET EXTERNAL MARKET FLUE GAS FLUE GAS DESULFURIZATION FOSSIL FOSSIL PLANTS FUEL FUEL GAS FUEL PRICES GAS GAS TURBINE GAS TURBINES GENERATION GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETPLACE GRID ELECTRIFICATION GROSS DOMESTIC PRODUCT HEAT HEAT EXCHANGERS HEAT RATE HEAT RECOVERY HOUSING MARKET INFLATION INJECTION SYSTEMS INNOVATION INSTALLATIONS INTERMEDIATE PRODUCTS INTERNATIONAL MARKET INTERNATIONAL STANDARD INTERNATIONAL STANDARDS JOINT VENTURE JOINT VENTURES KILOWATT-HOUR MANUFACTURING MARKET CONDITIONS MARKET DEMAND MARKET ENTRY MARKET PRICE MARKET PRICES MARKET PROJECTIONS MARKET SHARE MARKET TRENDS MARKETPLACE MONOPOLY NATURAL GAS NET OIL NITROGEN NITROGEN OXIDES NUCLEAR POWER NUCLEAR POWER PLANTS OIL OIL COMPANIES OIL DEMAND OIL EXPLORATION OIL REFINERIES OIL SUPPLY ONSHORE WIND PEAK MEGAWATT PETROLEUM PLANT OUTPUT POWER POWER CURVE POWER GRID POWER LAW POWER PLANT POWER PLANT CONSTRUCTION POWER PLANT OWNERS POWER PLANTS POWER SECTOR POWER SECTORS PRICE FLUCTUATIONS PRICE INCREASES PRICE INDEX PRICE INDEXES PRICE LEVEL PRICE OF OIL PRICE OF POWER PRICE TRENDS PRICING STRATEGY PRODUCER PRICE PRODUCER PRICE INDICES PRODUCTIVITY PURCHASING R&D RAW MATERIAL RAW MATERIALS RAW WATER REAGENT HANDLING REFINED PETROLEUM PRODUCTS RESULT RESULTS SALES SITES SOLAR THERMAL SPREAD STEAM CONDITIONS STEAM PLANT STEAM TURBINE STEAM TURBINES SUBCRITICAL PC SUBCRITICAL PLANTS SUBCRITICAL UNITS SULFUR SULFUR DIOXIDE SUPPLIER SUPPLIERS SURPLUS TAX CREDIT TECHNOLOGY DEVELOPMENT TIME PERIOD TIME PERIODS TRANSACTION TURBINE GENERATOR TURBINE GENERATORS WIND WIND FARM WIND FARMS WIND PROJECTS WIND TURBINE WIND TURBINES WORLD MARKET Pauschert, Dirk Study of Equipment Prices in the Power Sector |
| relation |
ESMAP technical paper;no. 122/09 |
| description |
Global economic growth, particularly
from 2004 to 20071, has fueled an expansion in the
construction of industrial, power plant, and manufacturing
facilities in the United States and a dramatic escalation in
the construction of these types of heavy construction
projects overseas. In addition, the increase in demand for
oil by rapidly growing countries such as China and India and
the falling value of the dollar has resulted in an
unprecedented rise in the price of oil. This has
significantly accelerated oil exploration and resulted in
capacity-expansion projects at existing oil refineries. The
combination of power plant, infrastructure, and oil-related
projects has resulted in significant growth in demand for
boilers, rotating equipment, piping, structural steel,
concrete, electrical components, and electric wiring. In
light of this finding, this study compared the cost of power
plants without market demand to the actual costs incurred in
constructing power plants. The results indicate that owners
are purchasing plants in a sellers' market, where
unprecedented demand has resulted in market price premiums
in the range of 15 percentage points above material,
equipment, and labor escalation. |
| format |
Publications & Research :: ESMAP Paper |
| author |
Pauschert, Dirk |
| author_facet |
Pauschert, Dirk |
| author_sort |
Pauschert, Dirk |
| title |
Study of Equipment Prices in the Power Sector |
| title_short |
Study of Equipment Prices in the Power Sector |
| title_full |
Study of Equipment Prices in the Power Sector |
| title_fullStr |
Study of Equipment Prices in the Power Sector |
| title_full_unstemmed |
Study of Equipment Prices in the Power Sector |
| title_sort |
study of equipment prices in the power sector |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2009/12/18381976/study-equipment-prices-power-sector http://hdl.handle.net/10986/17531 |
| _version_ |
1764437579367710720 |
| spelling |
okr-10986-175312021-04-23T14:03:38Z Study of Equipment Prices in the Power Sector Pauschert, Dirk ACCESS ROADS ALUMINUM PRICES APPROACH AVAILABILITY AVERAGE PRICE BALANCE BIDDING BOILER BOILER MANUFACTURERS BOILER TECHNOLOGY BOILER WORKS BOILERS BRAND BRAND EQUITY BUILDING MATERIALS BUYERS CAPABILITY CAPACITY FACTOR CARBON CATALYTIC REDUCTION CEMENT CLEAN COAL CLEAN COAL TECHNOLOGY COAL COAL POWER PLANTS COAL PRODUCE COMBUSTION COMBUSTION ENGINEERING COMBUSTION TURBINE COMBUSTION TURBINE UNITS COMBUSTION TURBINES COMMERCE COMMODITIES COMMODITY COMMODITY PRICES COMPETITIVE ADVANTAGE CONSTRUCTION MATERIALS CONSUMER GOODS COPPER PRICE COPYRIGHT COST INCREASE COST INCREASES COST OF GAS CRUDE OIL CUSTOMS CYCLE GAS CYCLE PLANT CYCLE SYSTEM DEMAND FOR POWER DIESEL DIESEL ENGINE DIESEL GENERATOR DISTRIBUTION SYSTEMS DOMESTIC MARKET DOMESTIC SUPPLY ELECTRIC GENERATORS ELECTRICAL POWER ELECTRICAL POWER SECTOR ELECTRICAL PRODUCTION ELECTRICITY ELECTRICITY DISTRIBUTION ELECTRIFICATION ELECTROSTATIC PRECIPITATOR EMISSION EMISSION CONTROL EMISSION CONTROL SYSTEMS EMISSIONS ENERGY GENERATION ENERGY PRODUCTION EQUIPMENT ESP EXPENDITURES EXPORT MARKET EXTERNAL MARKET FLUE GAS FLUE GAS DESULFURIZATION FOSSIL FOSSIL PLANTS FUEL FUEL GAS FUEL PRICES GAS GAS TURBINE GAS TURBINES GENERATION GLOBAL ECONOMY GLOBAL MARKET GLOBAL MARKETPLACE GRID ELECTRIFICATION GROSS DOMESTIC PRODUCT HEAT HEAT EXCHANGERS HEAT RATE HEAT RECOVERY HOUSING MARKET INFLATION INJECTION SYSTEMS INNOVATION INSTALLATIONS INTERMEDIATE PRODUCTS INTERNATIONAL MARKET INTERNATIONAL STANDARD INTERNATIONAL STANDARDS JOINT VENTURE JOINT VENTURES KILOWATT-HOUR MANUFACTURING MARKET CONDITIONS MARKET DEMAND MARKET ENTRY MARKET PRICE MARKET PRICES MARKET PROJECTIONS MARKET SHARE MARKET TRENDS MARKETPLACE MONOPOLY NATURAL GAS NET OIL NITROGEN NITROGEN OXIDES NUCLEAR POWER NUCLEAR POWER PLANTS OIL OIL COMPANIES OIL DEMAND OIL EXPLORATION OIL REFINERIES OIL SUPPLY ONSHORE WIND PEAK MEGAWATT PETROLEUM PLANT OUTPUT POWER POWER CURVE POWER GRID POWER LAW POWER PLANT POWER PLANT CONSTRUCTION POWER PLANT OWNERS POWER PLANTS POWER SECTOR POWER SECTORS PRICE FLUCTUATIONS PRICE INCREASES PRICE INDEX PRICE INDEXES PRICE LEVEL PRICE OF OIL PRICE OF POWER PRICE TRENDS PRICING STRATEGY PRODUCER PRICE PRODUCER PRICE INDICES PRODUCTIVITY PURCHASING R&D RAW MATERIAL RAW MATERIALS RAW WATER REAGENT HANDLING REFINED PETROLEUM PRODUCTS RESULT RESULTS SALES SITES SOLAR THERMAL SPREAD STEAM CONDITIONS STEAM PLANT STEAM TURBINE STEAM TURBINES SUBCRITICAL PC SUBCRITICAL PLANTS SUBCRITICAL UNITS SULFUR SULFUR DIOXIDE SUPPLIER SUPPLIERS SURPLUS TAX CREDIT TECHNOLOGY DEVELOPMENT TIME PERIOD TIME PERIODS TRANSACTION TURBINE GENERATOR TURBINE GENERATORS WIND WIND FARM WIND FARMS WIND PROJECTS WIND TURBINE WIND TURBINES WORLD MARKET Global economic growth, particularly from 2004 to 20071, has fueled an expansion in the construction of industrial, power plant, and manufacturing facilities in the United States and a dramatic escalation in the construction of these types of heavy construction projects overseas. In addition, the increase in demand for oil by rapidly growing countries such as China and India and the falling value of the dollar has resulted in an unprecedented rise in the price of oil. This has significantly accelerated oil exploration and resulted in capacity-expansion projects at existing oil refineries. The combination of power plant, infrastructure, and oil-related projects has resulted in significant growth in demand for boilers, rotating equipment, piping, structural steel, concrete, electrical components, and electric wiring. In light of this finding, this study compared the cost of power plants without market demand to the actual costs incurred in constructing power plants. The results indicate that owners are purchasing plants in a sellers' market, where unprecedented demand has resulted in market price premiums in the range of 15 percentage points above material, equipment, and labor escalation. 2014-03-31T20:32:03Z 2014-03-31T20:32:03Z 2009-12 http://documents.worldbank.org/curated/en/2009/12/18381976/study-equipment-prices-power-sector http://hdl.handle.net/10986/17531 English en_US ESMAP technical paper;no. 122/09 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: ESMAP Paper Publications & Research |