Thermal power is one of the highly polluting yet prominent sources of electricity production around the globe. Most developed and developing countries are heavily reliant on thermal power for meeting their electricity needs. Rise in need for energy around the globe and increase in environmental pollution have prompted many countries to commercially adopt Carbon Capture and Storage (CCS), Integrated Gasification Combined Cycle (IGCC), and Combined Heat and Power (CHP) technologies to produce ... Read more

The global engine, turbine, and power transmission equipment manufacturing market, a part of the machinery manufacturing industry, grew at a compound annual growth rate (CAGR) of around 1.3% during the historic period. The growth is mainly due to rising construction activities in developing regions such as Asia Pacific and the Middle East. However, the machinery manufacturing industry, experienced a fall in 2015 due the global oil crisis that led to a further decline in the crude oil prices ... Read more