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This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in AEM electrolyzer technology, data center power delivery, alkaline electrolyzer, process heat electrification, LDES, tidal energy, superconducting energy storage, among others.The Energy and Power Systems TOE provide insights on the latest advances in ...

The battery energy storage system (BESS) is a super-high growth market. The ongoing clean energy transition driving intermittent wind and solar capacity and the retirement of fossil-fuel-based generation plants requires critical services to balance the electricity system. BESSs have emerged as the most effective solution for this purpose. Estimated...

This Frost & Sullivan report examines novel concepts in various aspects of the energy industry that help in the effort to create a better environment, generating direct opportunities across major sectors: energy, industrial, mobility, and technology. The Trend Opportunity Profiles analyze transformative trends alternative energy solutions and servi...

Tanzania, Kenya, Ethiopia, and Rwanda are key economies in the fast-growing East African region, which is emerging as a hotbed for energy-related investments. The expanding urban population, hydrocarbon discoveries, and the growing demand for modern energy forms, such as electricity and natural gas, will drive a socio-economic transformation wherei...

This profile features novel concepts covering various aspects of energy leading to a better environment and creating direct opportunities for major sectors: industrial, health, mobility, aerospace, food and agriculture, and technology. The trend opportunity profile series is a set of transformative trends that address the concerns related to the en...

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...

The energy transition is no longer driven solely by cleaner generation technologies; it is increasingly defined by the intelligence, resilience, and strategic control embedded within energy systems. As governments, utilities, infrastructure operators, and industrial stakeholders respond to rising electricity demand, supply chain volatility, and dec...

Operators of electric utilities and distribution systems look for solutions to cut operational expenditure and increase network resiliency. Frost & Sullivan s start-up tracker helps ecosystem participants identify providers offering solutions that address industry challenges. The start-up tracker provides a rich database of start-up and niche p...

Wind energy is expected to play a vital role in achieving emission reduction targets across industries. However, conventional wind energy systems face several challenges, including limited land availability, intermittent power generation, and the inability to exploit low- and high-speed wind environments. This report studies the next-generation win...