Search results for: 'it investment'

The industry faced significant challenges in 2023, as the ripple effect of supply chain and logistical issues echoed throughout the industry, which struggled to meet the strong demand for transmission and distribution (T&D) equipment. Despite supply chain challenges and economic uncertainty, the pressing need for grid modernization to meet the requ...

A gas insulated switchgear (GIS), typically housed in a high voltage substation, is a critical component in the substations of the transmission network of utilities or in energy-intensive industrial units. In general, GIS structures are contained in a metal-sealed environment with sulfur hexafluoride gas (SF6) as the insulating medium. A GIS’s basi...

This research service examines the global diesel generator set market. With the rise of investments in infrastructure projects, along with the mismatch in power demand in developing markets, the need for diesel generator sets is increasing. This study discusses the driving and restraining factors that are expected to impact market development marke...

Germany was an early leader in renewable energy; although its pace has slowed, the country still continues to make significant investment in new wind and solar capacity. This investment must be supported by investment in new grid interconnections to ensure that the electricity generated is used and not wasted. Austria has also followed Germany's le...

The GCC region offers vast scope for the growth of the market for diesel gensets in the 15-2000 KVA range. The ongoing demand-supply mismatch in the power sector is considered to be the key driver for future growth. The market is expected to witness single-digit growth in the near future. With rising demand-supply gap and increase in per capita ene...

This study examines the global power cables industry, analyzing demand drivers, growth trends, and competitive dynamics. Key drivers identified in the study include the continued growth in renewable electricity generation (particularly offshore wind), the aging nature of infrastructure in developed economies, the rise of inter-regional transmission...

Alongside major trends such as carbon capture, hydrogen production and usage, and energy efficiency, the electrification of oil and gas (O&G) operations using renewable energy sources will be a major area of opportunity for decades to come. Globally, governments are looking for solutions across sectors to mitigate climate change and support deca...

This energy profile provides a detailed insight into the energy sector of Turkey in the current scenario and also presents an energy forecast between the years 2018 to 2030. The global energy sector has seen a drastic transformation in recent years and with the advancement of new technologies and energy systems, it is moving towards creating a re...

In terms of power generation investment, the 2020s will continue a trend that has gained pace in the 2010s – the rise of renewable energy. The continued move away from carbon-intensive power will gain popularity as renewable energy sources become increasingly cost-competitive against fossil fuels. Increased investment in transmission and distributi...