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The nuclear industry has weathered the fallout of the Fukushima accident, with Japan expected to re-start reactors in 2015. Other countries will continue to pursue their investment plans. High capital costs, lingering safety concerns, and the trend toward de-centralized energy have limited nuclear power's potential in Europe and North America. Chin...

Energy storage systems are key enabling technologies that reduce emissions and improve the efficiency of buildings; they also facilitate the integration of renewable energy resources and enhance the stability of the grid. As countries across the world focus on achieving net-zero targets by 2050 and move to a circular economy, thermal energy storage...

19 Nov 2018  |  Global  |  Market Research

Global Nuclear Power Market, Forecast to 2030

Capacity Additions in Developing Nations Hold the Key to Market Growth

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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...

Onshore wind energy involves the harvesting of wind power from wind turbines set up on land. The growing popularity of onshore wind as a suitable alternative to meet country-specific clean energy targets, along with strong regulatory support, is driving the growth of the global onshore wind turbine market. Repowering of aging onshore wind farms, es...

22 Aug 2019  |  Global  |  Market Research

Global Solar PV Power Market, Forecast to 2025

Solar Photovoltaic (PV) Still Going Strong, Bolstered by Declining Technology Prices and Supported by an Evolving Regulatory Environment

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Solar Photovoltaic (PV) power is gradually establishing itself as a mainstream energy source following a decade of exponential growth. Continually declining prices of solar PV power, coupled with country-specific clean energy targets and strong regulatory support, are driving the growth of the global solar PV power market. The growing interest of t...

The global data center market continues to grow despite the pandemic and will experience a high growth trajectory over the coming years due to the rise in hyperscale data centers, investments, data creation and consumption, and data traffic volumes fueled by emerging technologies, such as 5G, edge, internet of things, and artificial intelligence/ma...

Onshore wind energy involves the harvesting of wind power from wind turbines set up on land. Its growing popularity as a means to meet country-specific clean energy targets along with strong regulatory support are driving industry growth globally. Corporate interest in procuring wind power to meet renewable energy goals as well as falling wind turb...

The global microgrids market will experience strong revenue growth, increasing from $8.85 billion in 2021 to $19.55 billion in 2030. North America and Asia-Pacific (APAC) will be the leading markets from 2021 to 2030. However, APAC will outpace North America and hold the highest share in the long term, focusing on remote microgrids. With largely se...

Floating offshore wind technology holds the potential to unlock vast wind resources in deep waters not accessible by traditional fixed-bottom offshore wind farms. However, to further promote the adoption of large-scale floating offshore wind farms, several challenges must be addressed. These farms require significant upfront investments in research...