Search results for: 'grid services'

This research study focuses on disruptive technologies and the latest achievements in electrolyzer technologies. The study highlights the necessity for electrolysis technology and discusses the major challenges its development faces in gaining wide-scale market adoption and competitiveness. High-temperature fuel cells are a promising technology...

By 2050, about 1 billion people will reside in urban centers in APAC. Despite relatively high water availability, most APAC countries face water stress primarily due to uneven distribution of water. Most medium-high income economies have implemented policies favoring the reuse of treated wastewater primarily to meet growing industrial demand. N...

Electrolyzers use electrolysis to generate hydrogen from water. They are set to play a crucial role in the global transition towards clean energy, as they provide a sustainable and efficient method for producing low-/zero- carbon/hydrogen for various applications across sectors. Key factors contributing to the growth of the electrolyzer industry in...

18 Dec 2023  |  Global  |  Technology Research

Technologies Enabling Industrial Electrification

Global Efforts to Deliver Net-zero Carbon Emissions Will Spur the Decarbonization and Electrification of Emissions-intensive Industries

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The global industrial sector is responsible for nearly 30% of carbon emissions annually. To achieve carbon reduction targets, demand is increasing for the electrification of key manufacturing processes. Focus is currently on achieving direct electrification, which involves replacing fossil fuels used in various industrial processes with technologie...

Steel is one of the essential drivers of infrastructure development, urbanization, and industrialization of any country. It plays a key role in economic expansion, contributing significantly to a country's gross domestic product (GDP). As demand for steel rises globally, there is a critical need to modernize existing capacities and develop new faci...

In terms of power generation investment, the 2020s will continue a trend that has gained pace in the 2010s – the rise of renewable energy. The continued move away from carbon-intensive power will gain popularity as renewable energy sources become increasingly cost-competitive against fossil fuels. Increased investment in transmission and distributi...

The smart urban infrastructure market is poised to see rapid growth rates that would have a significant impact on several technology areas and markets. The North American region serves as a bellwether of many aspects of smart cities. This research service explores the future of smart urban infrastructure in North America, with a focus on the contri...

The focus of this research service is to analyze the drivers and restraints that affect the growth of the North American generator set market. In the competitive generator space, market participants must leverage key differentiators, capitalizing on consumer demand for quality, reliability, and innovation. Factors such as increased awareness among ...

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...