Search results for: 'simulation and analysis software'

This report identifies the 10 most promising growth opportunities shaping the global power generation and distributed energy landscape in 2026. It examines how accelerating electrification, grid modernization, decarbonization targets, digitalization, and energy security concerns are redefining investment priorities across utilities, independent pow...

Continued concerns over global warming and increasing CO2 levels in our atmosphere undoubtedly transform how we generate, consume, and distribute energy. Governments worldwide are grappling for solutions to mitigate climate change and pave a pathway towards decarbonization. Our transition towards a sustainable future depends on developing alternati...

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....

Hydropower will remain the leading source of electricity in Latin America throughout the forecast period (2024 to 2035), but renewable energy (RE) will experience substantial increases. Utility solar photovoltaic (PV) power and onshore wind dominate total investment. Latin America s offshore wind sector is far less developed than those of Europe or...

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 ...

11 Jul 2025  |  Global  |  Market Research

Turbine Services Industry, Global, 2024–2035

Increased Demand for Power Generation and an Aging Asset Base will be Key Drivers for Revenue Growth

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This Frost & Sullivan report focuses on the global turbine services industry, examining the factors that influence market shifts. While the global turbine services industry is relatively mature, there is significant potential for innovation in introducing advanced solutions. The turbine services market is projected to have a compound annual growth ...

Thermochemical waste treatment (TCWT) technologies are emerging as a cornerstone of next-generation waste-to-energy (WtE) and circular carbon systems. Through advanced pathways such as pyrolysis, gasification, hydrothermal liquefaction, and torrefaction, TCWT enables the transformation of municipal, industrial, and biomass waste into renewable fuel...

Advanced flow battery technologies are emerging as foundational systems for next-generation long-duration energy storage. Innovations in redox chemistry, electrolyte formulations, stack engineering, and modular system architecture have enhanced round-trip efficiency, reliability, and cost competitiveness. These batteries enable multihour renewable ...

Lithium-ion batteries (LIBs) have been an integral part of energy storage systems, but their manufacture depends on rare earth metals, such as cobalt and nickel, sourced from countries that are subject to humanitarian crises and illegal mining practices. There is also a concentration of resources in selected locations, such as China, for LIBs. The ...