Supplying Power GenerationDriven by population, economic and political considerations, the energy production industry continues to experience rapid growth and change
Driven by population, economic and political considerations, the energy production industry continues to experience rapid growth and change, which is expected to continue into the foreseeable future despite continued instability in much of the world. This trend makes the industry an ideal focal point for many manufacturers, though only those able to adapt to constant change are able to maximize their success.
The world’s population continues to explode, with the UN estimating that it will exceed 7.6 billion by 2020. By 2025, projections indicate there will be 27 megalopolises, each populated by more than 10 million inhabitants. Coupled with increasing consumption rates in developed and emerging markets, this growth will correspond with tremendous increases in demand for electricity. Some estimates place aggregate demand at doubling by the year 2050.
Coal, oil and gas account for approximately 90% of global power production. As such, environmental concerns and regulations create a need for substantial increases in the efficiency of energy production machinery, along with reductions in CO2 emissions. Those working towards these goals are concentrating on areas such as new materials and innovative approaches to component design. In turn, manufacturers are consistently faced with new challenges when it comes to machining components for the energy industry.
At Seco, we partner with customers, research institutes, universities and other energy organisations to stay abreast of the changes our customers will face in the near and long-term future. We invest significantly in R&D to develop innovative products and processes that will boost your productivity, increase process stability and reliability, and allow you to produce even more complex and demanding components.
The energy industry faces decades of expected growth and provides a keen opportunity for manufacturers looking to plan for the future of their company. As you face the challenges the industry presents, Seco will be there as a partner to help maximize your success.
Seco works closely with power generation manufacturers to create and provide solutions that increase productivity and bolster profitability.
When you work with Seco, you experience a true partnership based on trust, respect and communication. Our solutions exceed milling, holemaking, turning and tool holding products, as we work closely with your team to address and improve every aspect of production. For over 80 years, Seco has developed the tools, processes and services that leading manufacturers turn to for maximum performance. Whatever challenges you encounter, our team is always nearby to help you overcome them through extensive expertise and high quality products.
If you would like to reach out to one of our Power Generation experts please contact us here
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