Search results for: 'software in the energy industry'

The 2020s have been dubbed the decade of energy storage, and 2024 confirmed this to be true. Battery energy storage CAPEX surged to $65.6 billion, up from $48.9 billion in 2023. This was achieved despite a reduction in battery pack costs in 2024 that meant project costs declined by around 10% across all geographies. The ongoing clean energy transit...

07 Oct 2025  |  Global  |  Market Research

Software-Defined Truck Market, North America and Europe, 2024–2040

Software-defined Trucks are Experiencing Transformational Growth due to Electrification and Connectivity

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Software-defined trucks are vehicles designed with hardware-software layers that decouple the capabilities of the vehicle, thus allowing for updates to vehicle features, fleet management, and cloud-based analytics, as well as over-the-air software updates from one or several domains. Rather than being composed of fixed hardware mechanisms with litt...

Battery energy storage systems (BESS) have become the fastest-growing clean energy technology driven by the growth of intermittent renewables and the need for grid flexibility. Homeowners are turning to batteries to maximize solar energy consumption, manage energy demand more efficiently, control costs, and reduce carbon footprint. Residential batt...

Buildings are becoming more energy-intensive and with features like electric vehicle charging adding to the existing load, the need to reduce energy consumption acquires an even greater importance. Energy saving and performance contracting (ESPC) is one way to achieve energy efficiency. In that sense, North America has been the second-largest marke...

12 Jan 2021  |  North America  |  Market Research

The Global Personal Protective Equipment (PPE) Market in the Wind Energy Industry is being Driven by Government Incentives and Initiatives

Sustainable and Environment Friendly Power Generation Growth Strategies to Create Growth Opportunities

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PPE in the wind energy industry was valued at $409.2 million in 2020. The growth in the industry has been driven by an increase in installation and maintenance services of wind farms and resultant employment opportunities, growing awareness about wind energy PPE, riskier work environments, and stringent regulatory compliances. Driven by high compli...

Businesses want collaborative customer relationship management (CRM) software that unifies all resources related to a particular deal and customer, eliminating siloes between different customer-facing teams and departments. Most CRM vendors already offer solutions with collaboration features that can integrate with contact center applications, but ...

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 ...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in hybrid AI-physics solar forecasting models, AI-powered solar forecasting, and sky-camera enabled digital technology, energy market forecasting, grid reliability enhancement, BESS management, among others.The Energy and Power Systems TOE provides insig...

Portable diesel and gas generators has been used since the early 1900s to provide electricity for electrical appliances that are disconnected from the electricity grid. However, diesel and gas generators pose environmental, safety and health issues. As the world shifts towards low-carbon solutions, alternatives are being sought for portable diesel ...