Search results for: 'plus 01'

Battery energy storage systems (BESS) have rapidly become the fastest-growing clean energy technology driven by the growth of wind and solar and the need for grid flexibility. While commercial and industrial (C&I) BESS installations have traditionally lagged behind grid-scale and residential deployments, the sector holds considerable opportunit...

17 Aug 2018  |  Global  |  Market Outlook

Global Renewable Energy Outlook, 2018

Renewable Power Generation Capacity to Grow by 13.3% in 2018, Led by Solar PV and Wind Power

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Frost & Sullivan’s renewable energy outlook finds that the global market will close out 2018 with 154.6 GW of new renewable power generation capacity and $228.3 billion in investments. The investments in power generation is forecast to decline slightly by (-0.7%) over 2017 due to reductions in solar capacity additions in China, but this restraint w...

18 Sep 2018  |  Global  |  Market Research

Impact of Artificial Intelligence (AI) on Energy and Utilities, 2018

Technology Convergence of AI with IoT, Cloud, and Big Data will Open Up Numerous Application Opportunities in the Energy Sector

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Artificial Intelligence (AI) is one of the biggest technological trends transforming every business sector across the world. With advances in computer technology, AI has scaled new heights in utility and application, exceeding all initial expectations. By leveraging advanced machine learning (ML) and deep learning (DL) algorithms, and advanced neur...

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...

09 Apr 2018  |  Global  |  Market Research

Global Transformers Market, Forecast to 2022

T&D Infrastructure Investments in Developing Regions and Aging Grid in Developed Regions Spur Market Demand

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A transformer is an electrical device that transfers electrical energy between two or more circuits through electromagnetic induction. The total global transformers market is forecast to register a CAGR of below 5% from 2017 to 2022. During the forecast period, the power and distribution transformer segments are expected to witness strong growth be...

14 Sep 2016  |  Global  |  Market Research

Global Gas and Steam Turbines Market, Forecast to 2025

Environmental Concerns and Low-cost Gas Availability are Driving the Move Towards Gas Turbines

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Scope of the report The research report includes the following segments: Product scope: Gas and Steam Turbines Geographic scope: Global End-user scope: Independent power producers Revenue analysis and forecasts, drivers and restraints, market trends, market forecasts by region, and market share and competitive analysis have been provided for glob...

04 Aug 2016  |  Global  |  Market Research

Global Biomass Power Market

Sustainable and Affordable Bioenergy Gains Momentum as a Key Renewable Energy Source

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The biomass power market has evolved into a key energy source on the global stage. While decentralised energy is fast gaining attention over centralized power generation, renewable energy will continue to be an attractive source of energy with biomass set to benefit. Energy system flexibility, supportive policies and frameworks and smart energy ini...

This study provides in-depth analyses of the global gas and steam turbine markets. Global revenue and order forecasts, drivers and restraints, competitive analyses, company market shares, and pricing and technology trends are evaluated. It also provides segment forecasts by power range, region, and application. The gas turbine market is driven by r...

Frost & Sullivan estimates that global solar market revenues will grow between 2014 and 2020 despite the economic uncertainty in the global markets. A number of government sponsored initiatives are expected to boost the proportion of energy coming from 'green sources' and political willingness will also be a key driver of this market. With climate...