As our clients are working to build a sustainable future for themselves and the customers and communities they serve, ICF provides the data-backed strategies they need to make informed decisions even in the face of uncertainty.
An example from the energy industry: Concerns about market growth and low commodity prices have appeared to derail activity in midstream infrastructure development. In response, many analysts reduced their projections for future activity. Some have even pronounced the sector dead. ICF consultants have a different take.
In our recently released study for the Interstate Natural Gas Association of America (INGAA) Foundation, North America Midstream Infrastructure Development through 2035: Leaning into the Headwinds, ICF experts foresee declining activity over the next five years, but still project a relatively robust expenditure for midstream development. While this growth is likely to be at a lower level than what we’ve seen in the past few years, many entities could prosper from future development, particularly those who participate in development aimed at supporting deliveries to power plants, petrochemical facilities, LNG export facilities, and Mexican markets.
Download the complete analysis by ICF’s top energy market experts and learn why the old adage “where there’s a will, there’s a way” has never been more true, even with declining activity.