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30 Jun 2022  |  Global  |  Market Research

Global Liquefied Natural Gas Growth Opportunities

Offshore Plants and Energy Efficiency Optimization Drive Transformational Growth to Support the Renewable Energy Transition

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Natural gas is an essential transition fuel in the global shift toward net-zero energy systems powered by renewable energy. Because of its flexibility and better environmental impact than coal and oil, natural gas will be the only fossil fuel to witness demand growth in the next three to four years. Liquefied natural gas (LNG) is natural gas cool...

As global economies grow manifold, people's standards of living will rise, challenging traditional utilities' business models. Global Mega Trends are disruptive forces that have far-reaching impact on several industries including power utilities. As a result, it is essential for utility companies to adopt a well-balanced strategy, strengthen existi...

27 Jun 2023  |  Global  |  Technology Research

Advancements in Digital Twin Technology Transforming the Energy Sector

Precise Modeling and Process Integration from a Single Platform to Enhance Analytics in Power Generation, Transmission, and Distribution

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To meet global emission reduction targets, renewable energy must account for at least 42% of energy consumption by 2030 and 60% by 2050, compared to 17% in 2021. Although the global power generation sector is moving toward renewable power to curb greenhouse gas emissions, renewable energy is intermittent. Therefore, its increased share in the power...

Alternative fuels will play a major role in achieving global decarbonization pathways, with the market poised for extremely strong growth over the forecast period (2024‒2030). This study focuses on dynamic and disruptive companies shaping the market across 3 main segments: biofuels, biogas, and eFuels. The industry sometimes refers to eFuels as syn...

The use of wide bandgap power semiconductor devices such as SiC and GaN is still in the early stages of market development. Howerver, the potential that these market dynamics will change is highly likely. This market insight evaluates the current market status of SiC and GaN devices and their technological developments. Further, it discusses key ma...

Hydropower will remain the leading source of electricity in Latin America throughout the forecast period (2024 to 2035), but renewable energy (RE) will experience substantial increases. Utility solar photovoltaic (PV) power and onshore wind dominate total investment. Latin America s offshore wind sector is far less developed than those of Europe or...

As we enter the next era of digitization, we are amidst a silent revolution that will change the location from where we process data as well as the speed in which we do that—the reasons being Edge Computing and 5G. The term edge refers to the edge of a network, i.e., close to the data/information source and edge computing means processing data clos...

The research on Central and Eastern European (CEE) uninterruptible power supply (UPS) market provides an extensive analysis of market trends and future growth opportunities from 2009 to 2017. It discusses market drivers and restraints, provides in depth revenue and unit forecasts, market share analysis, segmentation by power range, and focuses on t...

The lithium-ion battery market is considered a high growth market. Because demand for energy storage is increasing, the need for lithium-ion batteries is also increasing. The segments that will exhibit high growth rates for these batteries include automotive, grid and renewable energy storage, consumer, and industrial. With greater emphasis on gree...