| | NOVEMBER 20236EDITOR'S DESKEngineering, Procurement, and Construction (EPC) is a critical process in the execution of large-scale projects, particularly in industries such as energy, infrastructure, petrochemicals, and manufacturing. EPC firms often provide post-construction services, including commissioning, startup, and operational support, ensuring that the facility or system functions as intended. Through careful planning, innovative construction methods, and the use of advanced technologies, EPC firms can often accelerate project schedules, reducing time-to-market for businesses. EPC firms leverage innovations in design, materials, construction techniques, and project management software to improve project outcomes. The integration of technological innovations further enhances these capabilities, allowing EPC firms to continually improve project outcomes and provide added value to their clients.The Power Engineering, Procurement, and Construction (EPC) market is estimated to grow from $696 bn in 2023 to $883.65 bn by 2028, at a CAGR of 4.89 percent. Renewable energy, like solar, wind, hydroelectric, and biomass, offer a sustainable and low-carbon alternative to fossil fuels, driving the demand for renewable projects. It boosts investors' confidence and makes renewable energy attractive for EPC companies and project developers. The increased growth in industrialization, urbanization, and infrastructural development drives the demand for new power projects and creates a significant market for EPC services.This edition of Energy Business Review brings the latest developments in EPC and how companies align with the latest trends and adopt new ways for carefully planning and executing projects efficiently.It features thought leadership articles from Justin Tait, Director of Responsible Sourcing at Enviva, who sheds light on the need for companies to actively contribute to establishing a sustainable future and integrating renewable energy resources. It also features an article from Ken Jones, Senior Director of Procurement, Vendor Relations, & Minority and Woman-Owned Business at EPB, who discusses how collaboration across organizations helps to minimize the impact of supply chain disruptions.In this edition featuring the Top EPC Companies 2023, we hope you find the right partner for enhancing efficiency and delivering projects that meet all necessary compliance requirements. Let us know your thoughts!Leveraging Cutting-Edge Technologies in EPCCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof. NOVEMBER - 15 - 2023, Vol 04 - Issue 24 (ISSN 2836-5097) Published by ValleyMedia, Inc. To subscribe to Energy Business ReviewVisit www.energybusinessreview.com VisualizersChris LynnManaging EditorJade McdonaldEditorial StaffAaron Pierce Ava GarciaDaeg GroverVian IsaacJoshua Parker Kenny PeruzziScott ThomasJade McdonaldManaging Editoreditor@energybusinessreview.comDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsEmail:sales@energybusinessreview.comeditor@energybusinessreview.comMarketing@energybusinessreview.com
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