Search results for: 'software in the energy industry'

While the world witnesses unprecedented policies and investment announcements to accelerate the energy transition—like the Inflation Reduction Act, the Green Deal Industrial Plan, and China's latest Five-year Plan—what happens in Latin America Will the region join the race for decarbonization seen in the rest of the world How does that affect the p...

Russia’s invasion of Ukraine has caused significant disruption to global energy markets. Europe has felt the biggest impact as a significant buyer of oil, and particularly gas, from Russia. In fact, Russia accounted for 35.5% of Europe’s gas supply in 2021. As the volume of gas coming from Russia has fallen, Europe has been scrambling to secure sup...

Frost & Sullivan's Top 10 Strategic Imperatives in the global power and energy industry highlights the trends with the greatest future impact. Our model takes into account the key dynamics and fundamentals of the market to generate the ten most significant strategic imperatives for the industry. The growth in distributed energy resources, be it ren...

This study analyzes breakthrough advancements in mechanical energy storage (MES) technologies. With the decreasing cost of renewable energy, the contribution of clean energy systems to the global electricity mix has significantly increased, reaching around 30% in 2022. This, in turn, has led to an exponential surge in the demand for energy storage ...

Frost & Sullivan’s Top 10 Growth Opportunities for the Power & Energy Industry summarizes the major trends that will gain momentum in 2023. The mounting pressure to achieve global decarbonization and Russia’s invasion of Ukraine will continue to disrupt the power and energy sector. Investment in renewable energy will increase, with annual instal...

This research study focuses on breakthrough advancements in wave and tidal renewable energy generation. The study draws attention to the unique ability of these technologies to provide a stable and predictable energy output and their potential to address some of the challenges presented by the irregularities and other disadvantages of solar and win...

Russia’s war on Ukraine has unlocked unprecedented growth opportunities for the Middle East as Europe steers away from Russia for energy supply. The European Union’s commitment to end its reliance on Russian energy by 2027 and its focus on renewables and hydrogen offer ME countries a strong business case for energy investments, given that the regio...

09 Jun 2025  |  Global  |  Technology Research

Emerging AI Trends in the Renewable Energy Industry

AI Developments are Transforming the Renewable Energy Industry

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Growing environmental concerns have intensified the focus on renewable energy. Organizations are making a conscious effort to adopt renewable sources, leading to rapid growth—a trend that is expected to continue. Stakeholders are increasingly turning to artificial intelligence (AI) to enhance both the generation and utilization of renewable energy....

The battery energy storage system (BESS) is a super-high growth market. The ongoing clean energy transition driving intermittent wind and solar capacity and the retirement of fossil-fuel-based generation plants requires critical services to balance the electricity system. BESSs have emerged as the most effective solution for this purpose. Estimated...