Search results for: 'optimization for plai grid'

Software-defined automation (SDA) represents a paradigm shift in industrial and manufacturing control systems that addresses traditional operational technology (OT) architectures' limitations. As proprietary, hardware-intensive automation systems reach the end of their life cycles, they increasingly hinder innovation, scalability, and adaptability ...

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...

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...

Power transmission and distribution is one of the important infrastructure around the world providing an electrical energy for people and business across various industries. Growing urbanization and industrialization leads to an exponential increase in electricity consumption demand. Underdeveloped power infrastructure causes power losses and trans...

14 Feb 2018  |  Global  |  Market Research

Global MES in Process Industry, Forecast to 2022

Cloud-based Integration of MES and ERP is Likely to Boost Adoption

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Key Issues Addressed

Manufacturing execution systems (MES) are the integrated software applications that provide companies the means to plan and schedule, track, direct and implement their operations. The MES market is growing due to the rapid adoption of cloud computing and data analytics in distinct industry applications around the world. The market is likely to grow...

15 Dec 2023  |  North America  |  Market Research

Heavy-lift Cargo Drones Growth Opportunities

Future Growth Potential Enabled by Drone-based Middle-Mile Delivery

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The heavy-lift cargo drone market is undergoing an inflection point, generating substantial growth from the increased demand for efficient and scalable logistics solutions. This comprehensive research study explores the diverse global landscape of heavy-lift cargo drones, examining 4 key segments by platform: multirotor, fixed-wing, single-rotor, a...

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...

As EVs continue to disrupt the power-mobility ecosystem, the role played by charging solutions in the 2020s will be crucial in how effectively the ecosystem develops. This will more so as utilities, technology solution providers, and major oil and gas firms look to target an area which effectively bridges power and mobility. Although a nascent indu...

Frost & Sullivan's Top 10 Strategic Imperatives in the global power and energy industry highlights the trends with the greatest future impact. Our model takes into account the key dynamics and fundamentals of the market to generate the ten most significant strategic imperatives for the industry. The growth in distributed energy resources, be it ren...