Search results for: 'software-as-a-service'

The offshore oil and gas (O&G) services market is witnessing uncertainty amid the global slump in crude oil price that started in H2, 2014 affecting economies and several industries. Major international and national oil companies have resorted to controlling their capital investments and laying off employees to reduce expenses. The highest level of...

Flexible generation capacity and storage are key elements of the energy transition and the continued expansion of intermittent renewable energy (RE) because they offer unparalleled flexibility to optimally deliver energy and ancillary services. Frost & Sullivan forecasts global grid-scale battery energy storage systems (BESS) to experience rapid ex...

As the smart grid continues to develop, metering is a key building block in the process, enabling the accurate measurement of consumption and allowing utility companies to move toward real-time pricing and policies to try and reduce peak demand. The market is being driven by increased regulations and, in some markets, a desire to minimise non-techn...

The energy industry is the world’s most dynamic and in need of change. Electric utilities and power retailers are the backbone of the energy transition as they cope with increasing power demand and changing load patterns driven by electrification. They also enable greenhouse gas reductions by integrating distributed energy resources, such as solar ...

2023 was a record-breaking year for power generation investment, with $840 billion invested in projects globally, up from $611 billion in 2022. Renewable energy dominated investment in 2023; solar PV and wind power combined accounted for $528 billion. Climate commitments and supportive regulations are the mainstays of global growth. China has signi...

23 Mar 2018  |  North America  |  Market Research

North American Generator Set Market, Forecast to 2022

Large Generators will Rise by Penetrating More Industry Segments, Such as Oil and Gas and Data Centers

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Key Issues Addressed

The focus of this research service is to analyze the drivers and restraints that affect the growth of the North American generator set market. Factors including increased awareness among customers, higher power demand, unreliable grid infrastructure, and more severe and unpredictable power outages are likely to drive the demand for generator sets d...

The main objectives of this study are to provide an inclusive perspective of the energy and environment value chain, to understand the competition, and to analyze future business models. Growth opportunities are also discussed. In 2019, oil and gas (O&G) capital expenditure (CAPEX) in exploration and production (E&P) is expected to grow by 7% to a...

16 Jul 2020  |  Global  |  Market Research

Growth Opportunities from Decarbonisation in the Global Power Market, 2019–2030

$3.40 Trillion to be Invested in Renewable Technologies As Energy Transition Gains Much Needed Momentum

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Key Issues Addressed

Powered by a strong momentum behind renewable energy, the power market is heading into the 2020s having come many-a-mile from the last decade. The 2020s will be a critical decade for one and all in the power industry, as the transition toward renewable energy is expected to increase in volume, while coal will take a downturn in most developed marke...

The architecture of the global energy market is changing. The market model is transforming from highly centralized power distribution into decentralized, distributed energy management enabled by intelligent software and new approaches to data management. Three trends—digitalization, decentralization, and decarbonization—are steering the transformat...