Search results for: 'grid mining'

Globally, where the closure of coal power plants and the intermittent nature of RES challenge grid operations and stability, VPPs are a promising solution to add flexibility to the grid and solve energy issues of transmission congestion, peak demand, and peak-hour energy prices. Virtual power plants (VPPs) are an aggregation of decentralized distr...

An electricity grid is one of the most complex networks and includes many systems and components. The increasing power demand is driving utilities and companies to design networks that can be effectively managed and controlled, resulting in a highly complex and intricate system. To meet this need, utilities require tools, such as intelligent electr...

This study analyzes breakthrough advancements in mechanical energy storage (MES) technologies. With the decreasing cost of renewable energy, the contribution of clean energy systems to the global electricity mix has significantly increased, reaching around 30% in 2022. This, in turn, has led to an exponential surge in the demand for energy storage ...

The Top 15 North American Power Generation Utilities, 2026 provides a comprehensive strategic assessment of the companies shaping the future of electricity generation across the United States and Canada. This study evaluates the continent’s most influential utility platforms—spanning regulated, hybrid, and competitive market structures—and classifi...

09 Jul 2021  |  Global  |  Market Outlook

Global Off-highway Vehicle Industry Outlook, 2021

Key Trends and Opportunities that will Aid Recovery of the Off-Highway Vehicle Market in 2021 and Beyond

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Though many regions are grappling with the impact of the COVID-19 pandemic, some have recovered earlier than the rest, to resume construction, farming, and mining operations due to recovering economies, and key OEMs are targeting those recovered markets to release their customized product designs as per regional demands and trends. This research in...

Geopolitical risk, supply concentration, technological disruption, and rising sustainability expectations are among the key factors shaping the critical raw materials (CRM) market. Production and, more importantly, the processing of key CRM remain highly concentrated in a few countries, mainly China, Indonesia, and the Democratic Republic of Congo ...

27 Jun 2023  |  Global  |  Technology Research

Advancements in Digital Twin Technology Transforming the Energy Sector

Precise Modeling and Process Integration from a Single Platform to Enhance Analytics in Power Generation, Transmission, and Distribution

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To meet global emission reduction targets, renewable energy must account for at least 42% of energy consumption by 2030 and 60% by 2050, compared to 17% in 2021. Although the global power generation sector is moving toward renewable power to curb greenhouse gas emissions, renewable energy is intermittent. Therefore, its increased share in the power...

12 Oct 2021  |  North America  |  Market Research

Global Off-Highway Fuel Cell Electric Equipment (FCEE) Growth Opportunities

Strategic Partnering, Innovative Fuel Cell Concepts, and the Integration of Production, Storage, and Refueling are Top Growth Strategies

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Key Issues Addressed

Hydrogen is turning out to be a very good alternative to fossil fuels. A wide range of industries are developing hydrogen fuel cell technologies for different applications. Mobility is one of the top industries where hydrogen fuel cell can be used to reduce carbon emission. Hydrogen fuel cell powertrains in the off-highway industry will compete wit...

Electric trucks are seeing rapid adoption globally. Although they do not emit CO2 during operations, the electricity for charging trucks emits CO2 during generation. Similarly, to manufacture the Li-ion battery, from the mining stages to final assembly, the quantum of CO2 emitted is high and needs to be tracked and addressed by overcoming geopoliti...