Building on the company’s 100-year history of engineering and construction expertise, addition further reinforces the company’s position in a rapidly changing market.
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OVERLAND PARK, Kan.--(BUSINESS WIRE)--The global power generation industry continues to be transformed as it finds itself balancing demand for baseload power with the continued need to decarbonize and further integrate renewable energy into the power generation mix.
To meet its clients’ evolving needs in this shifting market, Black & Veatch is further expanding its power generation service offerings and has named Garry King as Senior Vice President of Global Services in the company’s Global Conventional Generation business line.
Industry reports show that nearly $3 trillion of investments in power infrastructure is expected globally from 2021-2025, including $648 billion in the United States alone. Capital Expenditures require services and resources including owner’s engineering, detailed design and planning, all contributing to a growing demand for talent. At the same time, North American utilities spent roughly $24 billion on maintenance in 2019, the latest year available. That investment, up from $18 billion in 2010, reflects a 32% growth during the decade of the 2010s, further pointing to demand in the market.
An industry veteran with more than 28 years’ experience in services areas such as energy transition, project delivery, operations & maintenance (O&M) and consulting, King will help utilities and developers with new and existing generation assets achieve their goals in decarbonization, asset management, operations excellence, preparedness, engineering, detailed design, project management, decommissioning and other critical services.
“Across their power generation portfolio, clients today are calling for a full range of services to both new and existing assets and must focus on keeping these assets running smoothly and profitably,” said Jim Doull, executive vice president for Black & Veatch’s global conventional generation business. “Garry’s proven leadership skills advance our efforts as we work to help clients develop long-term plans that meet continued demand for safe, reliable and cost-effective power while driving their sustainability goals.”
Before joining Black & Veatch, King spent 26 years in various leadership positions with Worley (formerly known as WorleyParsons), in roles that spanned engineering, construction, operations, systems management and project management. His background includes power operations, new energy developments, chemicals and oil and gas.
“Owners of centralized power generation sources must reduce risk and optimize performance with operational, financial and sustainability needs in mind,” said King. “Black & Veatch has the comprehensive range of service expertise, from planning through construction and optimization, to offer innovative solutions in what continues to be a rapidly changing market.”
King earned a Master’s of Business Administration from Rice University and a Bachelor of Science in mechanical engineering from Texas A&M University. He is based in Houston, Texas.
Editor’s Notes:
- The 2020 Engineering News-Record (ENR) Sourcebook, released in July 2020, ranks Black & Veatch’s power business No. 2 in the Top 50 Design Firms for Power.
- Black & Veatch is a global solutions provider that delivers planning, consulting, engineering, construction, program management and combined engineering, procurement and construction (EPC) solutions.
- Click here for a high-resolution headshot of Garry King.
About Black & Veatch
Black & Veatch is an employee-owned engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people in over 100 countries by addressing the resilience and reliability of our world's most important infrastructure assets. Our revenues in 2019 were US$3.7 billion. Follow us on www.bv.com and on social media.
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