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Battery energy storage systems (BESS) are crucial in enabling the energy transition. Their deployment is essential to providing electricity systems' flexibility to support higher electrification, relying primarily on variable renewable energy (RE) sources. At the behind-the-meter (BTM) level, batteries are also increasingly recognized as a critical...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in hybrid AI-physics solar forecasting models, AI-powered solar forecasting, and sky-camera enabled digital technology, energy market forecasting, grid reliability enhancement, BESS management, among others.The Energy and Power Systems TOE provides insig...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on subsea gas compression systems, subsea remotely operated vehicles for inspection and maintenance, seismic imaging for enhancing subsurface mapping, artificial lift systems, cavity pumps, modular automation solution for platform drilling, and water optimizat...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in energy-efficient buildings, PEM fuel cell systems, molten-salt thermal energy, waste-to-energy systems, geothermal technology, gravity-based storage, heat-to-power conversion, microreactors, among others.The Energy and Power Systems TOE provide insigh...

The battery energy storage system (BESS) is a super-high growth market. The ongoing clean energy transition driving intermittent wind and solar capacity and the retirement of fossil-fuel-based generation plants requires critical services to balance the electricity system. BESSs have emerged as the most effective solution for this purpose. Estimated...

Reversible solid oxide cells (rSOCs) are emerging as a promising technology for flexible energy conversion, long-duration energy storage, and renewable energy integration. By enabling bidirectional conversion between electricity and hydrogen within a single system, rSOCs address key challenges associated with renewable intermittency, grid flexibili...

17 Nov 2020  |  Global  |  Market Research

Innovative Business Models Emerging from Digitalization in Generators, Global, 2020

Enhanced Customer Experience through Digital Energy Transformation Creating Growth Opportunities

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Investment in digital technologies is booming across all industries, including power generation. This research aims to identify the generators industrys current use and future decision-making trends toward digital transformation. A recent Frost & Sullivan study found that 99% of businesses are at a particular digital transformation stage. Technolo...

Global grid-scale battery energy storage system (BESS) deployment experienced unprecedented growth in 2023, expanding 159.5% from 2022. The year 2024 will break another record in new installations, with deployments of 41.84 GW/104.67 GWh. BESS has rapidly become the fastest-growing clean energy technology, driven by the growth of wind and solar ...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on interactive seismic oil platform, subsea inspection system, pipeline integrity platforms, offshore drilling systems, downhole thermal control, methane leak detection, real-time monitoring of distributed fuel operations, among others.The Oil and Gas TOE prov...