Search results for: 'farm digitization'

Traditional inspection approaches for solar and wind farms require are labor intensive and time-consuming techniques. The experts have to be dispatched to the fields, capture the photos, and perform the inspection tasks. In some cases, the image may not be complete and clear as needed, which causes difficulties for further diagnosis and damages ana...

Although much of the focus on grid investment relates to hardware, there is a growing awareness of how important it is to increase the overall intelligence of the grid. Frost & Sullivan s Digital Grid Attractiveness Index analyzes and ranks countries based on how attractive they are for digital grid developments in terms of implementing improvement...

25 Oct 2024  |  Global  |  Market Research

Digital Twins in the Oil and Gas Industry, Global, 2024 2030

Digital Twins are Driving Transformational Growth in the Global Oil and Gas Industry by Enabling Precise Operational Simulation

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Fueled by the rising adoption of autonomous technologies, digital twins are emerging as an attractive growth opportunity in the oil and gas (O&G) industry. Digital twin technology helps O&G firms utilize and analyze enormous amounts of production data, enabling them to visualize various hypothetical production scenarios in real time. Digital twi...

27 Jun 2023  |  Global  |  Technology Research

Advancements in Digital Twin Technology Transforming the Energy Sector

Precise Modeling and Process Integration from a Single Platform to Enhance Analytics in Power Generation, Transmission, and Distribution

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To meet global emission reduction targets, renewable energy must account for at least 42% of energy consumption by 2030 and 60% by 2050, compared to 17% in 2021. Although the global power generation sector is moving toward renewable power to curb greenhouse gas emissions, renewable energy is intermittent. Therefore, its increased share in the power...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in proton exchange membrane electrolysis, fuel cells, lithium-metal batteries, battery energy storage systems, thermal energy storage systems, nuclear microreactors, offshore solar, microgrids and their optimization, compressed air energy storage, among ...

Energy is the world’s most dynamic industry 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 rooftops,...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on digital twin solutions for asset integrity monitoring, radio frequency (RF) heating for heavy oil and bitumen extraction, maritime emission control techniques based on scrubbing, remotely operated vehicles for asset monitoring, advanced cubing technology, a...

24 Nov 2017  |  Global  |  Market Research

Global Wind Power Services Market, Forecast to 2025

A $25 billion Market by 2025, Driven by a Higher Installed Capacity and Increasing Repowering of the Ageing Installed Base

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The global wind services market is expected to be worth $25 billion by 2025, up from $9 billion in 2016, driven by an ageing installed base in Europe and North America (including a significant potential for repowering projects) and substantial new capacity additions in Asia-Pacific. There will also be incremental innovations that will drive revenue...

The ongoing global and regional efforts to decentralize and decarbonize the energy industry result in an increasingly digitized network that will be a more interconnected, intelligent, and responsive energy infrastructure continuously generating substantial amounts of data. However, the industry historically lacks innovative technologies and operat...