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

Decarbonization in the commercial and industrial (C&I) sector is a critical component of the global energy transition, presenting both significant challenges and massive growth opportunities. It will entail the optimization and electrification of the energy demand while transitioning to low-carbon energy sources. The C&I sector is heterogeneous, wh...

Concerns about climate change and carbon emissions have put enormous pressure on nations to reduce emissions and move toward carbon neutrality. Decarbonization of industry, transport, heating, and energy has become imperative, and stakeholders must act now to reach climate targets and prevent further damage to the environment. The global electro...

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...

The energy industry is the world’s most dynamic and 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 ...

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...

The accelerating transition to net-zero emissions and demand for high-efficiency renewable energy are driving the need for photovoltaic technologies that surpass the performance limits of conventional crystalline silicon solar cells. As single-junction crystalline silicon solar cells approach their practical efficiency limits, perovskite-silicon ta...

25 Apr 2024  |  Europe  |  Market Outlook

European Power & Energy Outlook and Growth Opportunities, 2024

Transformative Megatrends Continue to Drive Strong Growth in Europe

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The Russo-Ukrainian war has dealt a massive energy shock to Europe, galvanizing policymakers into action. 2023 saw a raft of legislation being finalized, leading to the creation of a legal framework to drive investment in clean technologies. The implementation of these policies will be critical to their effectiveness. Many of the easy decisions hav...