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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...

The world welding equipment market showed a depression and the growth is expcted to resurge during the forecast period. Lazers are likely to be the largest contributors to this growth. A tecnologicad development update and the factorsstimulationg grwth and the ones coming in its way have been identified.Major welding equipments markets include gas...

This Frost Radar™ highlights an industry in the midst of a profound transformation. The foundational layers of signature, identity, and integrity are converging into a unified framework for trusted digital interaction, increasingly powered by AI and beginning to be secured by the first wave of post‑quantum cryptography. The European Digital Identit...

The automotive aftermarket parts trade is undergoing an evolution, largely influenced by the adoption of digital technologies. By 2030, approximately $153 billion in parts and accessories will be sold from the online channel worldwide, which represents significant penetration in most regional markets. Frost & Sullivan has been conducting research o...

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...

This deliverable is a comprehensive research overview of the mobile handset market including both traditional feature phones and smart phones. The study has been produced for five years and has excellent historical market data and metrics along with each update including an enhanced market forecast. The report discusses market drivers, restraints, ...

Stationary lithium-ion systems are key components of the energy storage architecture, which fulfill energy storage requirements for utilities, residential, and commercial customers. The global growth of renewable energy installations has increased intermittent energy production, creating an unbalanced grid. This has led to a demand for energy stora...