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This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on industrial IOT platforms, real-time vessel tracking, decision intelligence platforms, multi-gas detection technology, inspection robots, and automated perforation control for oil & gas wells, among others.The Oil and Gas TOE provides intelligence on innovat...

This edition of the Oil and Gas (O&G) TOE features information about the use of machine learning to accurately detect fugitive gas emissions in upstream oil & gas sites. The TOE covers innovations in the Microbial-enhanced Oil Recovery (MEOR) methods, leading to increased oil productivity. The TOE highlights advancements in wastewater treatment met...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on gas grid optimization, Crude oil fractional Distillation, High-pressure hydrogenation, ionic liquid alkylation process for enhanced fuel production, Crude oil inventory management, Enhanced oil recovery, and AI-powered emissions monitoring and operational a...

21 Aug 2015  |  Global  |  Market Research

Global Power Plant Services Markets

Fossil-Fired Power Plants Maintenance Provides Counterbalance to Downturn in New-Build Business

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Aging power plants generate high revenues for the power plant servicing market The power plant services market is growing rapidly as new generating capacities are being added to plants to cope with the rising demand for electricity. The US is the biggest market in this segment and is expected to retain this position until 2030 due to the presenc...

Utilities are entering a phase of selective, use-case-driven investment in meter data management (MDM), where funding is tied to measurable operational and commercial outcomes rather than platform modernization alone. The most consistent priorities in which utilities are willing to invest include interval and complex billing/settlement, outage data...

Global grid-scale battery energy storage system (BESS) deployment experienced unprecedented growth in 2023, expanding 159.5% from 2022. The year 2024 will break another record in new installations, with deployments of 41.84 GW/104.67 GWh. BESS has rapidly become the fastest-growing clean energy technology, driven by the growth of wind and solar ...

As digitalization and decarbonization trends become more prominent, the oil and gas industry faces a dilemma: adapt or become obsolete. In the digital transformation era, producers must start exploring automation technologies if they want to remain competitive in the shifting industry. Automation applications that will have the biggest effects on i...

The edge AI accelerator market is scaling rapidly as industries demand low-latency, privacy-aware intelligence for autonomous vehicles, industrial automation, smart cameras, robotics, and other applications. Cloud-based inference faces more limits from bandwidth, latency, and data sovereignty concerns, creating a strong pull for on-device AI proces...

Ongoing efforts to mitigate climate change, in addition to the announcement of net-zero emission targets, have provided a boost to the hydrogen economy, further supported by the declining cost of electrolyzers. This positive momentum toward the hydrogen economy has ignited interest in the research and development of hydrogen storage materials. D...