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This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in energy-efficient buildings, PEM fuel cell systems, molten-salt thermal energy, waste-to-energy systems, geothermal technology, gravity-based storage, heat-to-power conversion, microreactors, among others.The Energy and Power Systems TOE provide insigh...

06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...

The global low voltage (LV) and medium voltage (MV) commercial & industrial (C&I) transfer switch industry is expected to experience sustained growth between 2025 and 2035, driven by datacenter and digital infrastructure build out, the need for on-site back-up power, electrification of industries and industrial load and the integration of renewable...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in proton exchange membrane electrolysis, fuel cells, lithium-metal batteries, battery energy storage systems, thermal energy storage systems, nuclear microreactors, offshore solar, microgrids and their optimization, compressed air energy storage, among ...

The US battery energy storage sector has emerged as one of the fastest-growing segments of the energy transition, playing an increasingly critical role in supporting grid reliability, renewable energy integration, and electricity market flexibility. As utilities and independent power producers continue to invest in renewable projects, battery energ...

Supercapatteries are rapidly emerging as advanced electrochemical energy storage (EES) systems that bridge the energy–power gap between conventional batteries and supercapacitors. By combining capacitive and faradaic charge storage mechanisms, they deliver enhanced energy density while maintaining high power capability, fast charge–discharge rates,...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on innovations in drilling solutions, well integrity enhancement, industrial water treatment, methane emissions monitoring, subsurface analysis, laser-based gas monitoring, ultra-heavy oil recovery, among others.The Oil and Gas TOE provides intelligence on inn...

The meter data management (MDM) market is emerging as a critical component of modern utility operations, driven by the rapid deployment of smart meters, increasing grid digitalization, and the growing need for accurate, real-time energy data. MDM solutions enable utilities to collect, validate, store, analyze, and manage vast volumes of meter data ...

The global oil & gas sector is entering a phase where traditional growth models are increasingly misaligned with structural shifts driven by decarbonization, geopolitical disruption, technological change, and tightening societal and regulatory constraints. This analysis outlines 10 non‑negotiable strategic imperatives that will define long‑term com...