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27 Apr 2018  |  Europe  |  Market Research
European Demand Response (DR) Market, 2018–2025
Fluctuating Energy Demand and Accelerating Growth in Renewable Energy Sources (RES) Will Drive the Nascent European DR Market
Demand Response (DR) is a mechanism to alter changes in patterns in electricity consumption by consumers through pricing signals and incentives, thereby reducing peak demand and strengthening grid flexibility. DR covers intentional modifications on the customer’s electricity usage patterns via altering the time of use and duration of use. DR has tr...
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23 Nov 2021  |  Global  |  Market Research
Global Residential Battery Energy Storage Growth Opportunities
Higher Electricity Prices, Declining Technology Costs, and Desire for Grid Independence are Factors Driving Market Growth
The residential battery storage market will continue its recent trajectory of strong growth, with global revenues increasing from $3.05 billion in 2021 to reach $8.11 billion in 2030. High electricity prices, declines in feed-in tariffs and net metering payments, and continued declines in lithium-ion battery prices and associated components are the...
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09 Feb 2022  |  Global  |  Market Research
Global Solar PV Services Growth Opportunities
Advanced Service Offerings and Upcoming Projects are Set to Fuel a Strong Growth Pipeline
Climate change has spurred a flurry of investments in renewable sources and decarbonization efforts. Following the COP21, Paris (2016) which proposed renewable source targets to be achieved by 2030, more than 100 countries pledged to cut methane emissions by 30.0% from 2020 levels at the recent COP26; this is likely to have a direct impact on the e...
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28 Jun 2021  |  Global  |  Market Research
Global Stationary Lead Acid Battery Growth Opportunities
Companies are Increasingly Focusing on Renewable Energy and Moving towards Alternative and Distributed Power Generation; Telecom Companies and Data Centres will be the Key Drivers of Market Growth
Stationary lead acid batteries (LABs) have been used for nearly 140 years to power various small and large applications. Over the last 5 decades, these batteries have become the standard source of power not only for automobiles but also for gensets, UPS systems, and other equipment. Low price, ease of recyclability, and user-friendliness have drive...
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19 Mar 2015  |  Global  |  Market Research
The Global Microgrids (MGs) and Virtual Power Plants (VPPs) Market
Challenges and Promises in Decentralizing the Grid and Morphing Business Models
An MG is an energy system consisting of a group of interconnected loads, distributed energy resources, consumers, and optional storage that acts as a single controllable entity with respect to the grid. A VPP is a virtual network that is dependent on software systems to connect remotely and automate dispatch of power generation. The fine line that ...
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03 Nov 2023  |  Global  |  Market Research
Global Solar PV Growth Opportunities
Decarbonization Efforts and a Continual Decline in Project Costs Drive Transformational Growth
Global climate change concerns have spurred a flurry of investments in renewable energy sources and other decarbonization initiatives. Efforts to focus on renewables were initiated at the 2016 COP21 in Paris, which led to countries setting renewable energy targets to achieve by 2030 in an attempt to mitigate global warming. More recently, at COP26,...
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08 Jul 2015  |  North America  |  Market Research
A Changing Global Landscape for the Power Equipment and Construction Market
Growing Economies and Infrastructure Investment Will Move the Power Equipment Market from West to East
This market insight discusses the impact of emerging-market power equipment manufacturers, mainly from China, South Korea, and India, on the global power equipment industry. It tracks the coal, hydro, and gas power plant markets in key regions, and explains the changing power equipment, construction, and regulatory landscapes in these regions. Seve...
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16 Apr 2019  |  Global  |  Market Research
Technology Innovations in the Global Wind Energy Market, 2030
Innovations in the Wind Energy Market are Focussing on Cost Reduction in Design, Manufacturing, Maintenance and Construction
Wind energy is one of the fastest-growing energy sources in the world and is poised to play a key role in mitigating global climate change and future energy provision. Of the renewable energy technologies, wind energy ranks second only to hydroelectric power in terms of installed capacity, globally. The global wind power market has achieved excepti...
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23 Dec 2022  |  Global  |  Technology Research
Technological Advancements In Floating Solar Technologies
Innovative Designs, High-Grade Materials, and Tracking Technology Enhance the Viability of Floating Solar
Because of the increasing population, land acquisition costs are increasing, which presents a challenge for the conventional land-based solar power industry. Floating solar photovoltaics (FSPVs), also known as floatovoltaics, do not require land and will play a major role in the renewable industry in the coming years. FSPVs float on bodies of water...
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31 Dec 2018  |  North America  |  Market Research
Commercial Battery Energy Storage Market in Key Markets, Forecast to 2025
With Rising Demand Charges, Rapid Battery Price Reductions, Rampant Technological Innovation and Evolving Business Models, the Global Commercial Battery Storage Market will Exhibit Dramatic Growth Till 2025
The commercial battery storage market is expected to show enormous growth, rising from $160.4 million in 2017 to $1.6 billion by 2025. Behind-the-meter battery energy storage systems at commercial sites offer attractive benefits such as peak demand charge reduction, back up, peak shaving and using batteries to participate in the local ancillary gri...
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