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09 Apr 2018  |  Global  |  Market Research
Global Transformers Market, Forecast to 2022
T&D Infrastructure Investments in Developing Regions and Aging Grid in Developed Regions Spur Market Demand
A transformer is an electrical device that transfers electrical energy between two or more circuits through electromagnetic induction. The total global transformers market is forecast to register a CAGR of below 5% from 2017 to 2022. During the forecast period, the power and distribution transformer segments are expected to witness strong growth be...
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19 Nov 2018  |  Global  |  Market Research
Global Nuclear Power Market, Forecast to 2030
Capacity Additions in Developing Nations Hold the Key to Market Growth
Nuclear power will continue to play an important role in the energy mix, despite the rise of renewable energy. By 2030, it will continue to account for 7% of the global electricity generated, and in 15–20 countries, it will be a primary source of electricity. The fastest growth is expected in Asia, as nations there are expected to move towards nucl...
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27 Mar 2018  |  Europe  |  Market Research
Electricity Industry Profiles—Slovakia
A Combination of Well-targeted Policies and the Well-planned EU Funds Together with Private Investments will Ensure Energy Security in Slovakia
Slovakia sits at the heart of the European energy network, with connections to Poland, Ukraine, Hungary and the Czech Republic. Slovakia generates 71.4% of its electricity from nuclear and hydropower. With the new nuclear units under construction, export potential is likely to exist, but this is expected in the long-term. Slovakia’s hydropower cap...
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29 Jun 2018  |  Global  |  Technology Research
Advancements in Marine Propulsion Technologies
Technology Advancements Proliferating Sustainability in Shipping Industry
The global shipping industry alone emits approximately 1000 million tones of (CO2) annually according to the International Maritime Organization (IMO) and the European Commission. This level is expected to increase by approximately 50% to 250% by the year 2050. IMO has been framing policies and developing capacity building programs to reduce the e...
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31 Dec 2018  |  Global  |  Technology Research
Technologies in Power Transmission and Distribution
Increasing Amount of Power Generated from Renewable Sources Leads to Widespread Adoption of HVDC and FACTS Solutions
Power transmission and distribution is one of the important infrastructure around the world providing an electrical energy for people and business across various industries. Growing urbanization and industrialization leads to an exponential increase in electricity consumption demand. Underdeveloped power infrastructure causes power losses and trans...
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12 Sep 2018  |  Europe  |  Market Research
Dynamic Competitors in the European Battery Energy Storage Market, 2018
Intelligent Software-based Energy Storage Solutions Providing Grid Ancillary Services Driving the Market
The European energy storage market is undergoing a stage of technological evolution, with digital transformation, electric vehicle (EV) penetration, and smart grid initiatives leading the charge. The European region is becoming a hotspot for energy storage driven by falling battery and photovoltaic (PV) costs, attractive subsidies, and increasing e...
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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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13 Jul 2018  |  Africa  |  Market Research
IPP, Licensing and Market Reforms in Sub-Saharan Africa’s Energy Landscape, 2018
Growing Need for a Dynamic Energy Mix and the Demand for Private Investment will Create New Opportunities for Independent Power Producers
The access to electricity in Africa is well below the global average, presenting a significant opportunity for the development of the energy supply industry, largely in the form of private sector investments in electricity generation. Many African governments are under immense pressure to improve the quality and reliability of electricity supplied ...
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28 Aug 2018  |  North America  |  Market Research
North American Electrification of Transportation—Investment, Forecast to 2024
Opportunities to Modernize the Electric Grid and Address the Challenges of Rapid EV Penetration
The North American Electric Vehicle (EV) market has seen significant growth over the last 5 years, both in the US and Canada. Currently, new EVs sold in the North American market account for 1.4% of the total passenger vehicles sold. There is an anticipation that downward prices for batteries and vehicles, along with improved infrastructure will ac...
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16 Nov 2018  |  Global  |  Market Research
Global Harmonic Filters Market, Forecast to 2024
Efficient Power Quality Driving the Demand for Harmonic Filters
A harmonic filter is used to eliminate the harmonic distortion caused by electrical appliances. The role of harmonic filter is critical of the commercial and industrial sector as it can cause malfunctioning of the system, leading to downtimes and increases in operating costs. With latest technological advances and upgrades of infrastructural reform...
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