Search results for: 'long grid'

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 ...

Frost & Sullivan’s 2023 IT decision-maker (ITDM) survey was conducted to gain insights on the following end-user organizations’ priorities: • Current communications and collaboration technology adoption rates and future adoption plans • Current adoption and future demand for Microsoft Teams Phone and Microsoft Teams Phone Mobile, as well as ...

The transfer switch (TS) is an electrical device that allows smooth and reliable transfer of electrical power between the primary utility and a secondary or backup power source, allowing critical loads to continue running with minimal or no outage. Continued growth in power demand from industrial, commercial and residential sectors coupled with pow...

This edition of the Energy & Power Systems (EPS) TOE features information on smart grid technology and renewable power generation. The TOE also covers the innovations happening within high-voltage transmission and digital grid solutions. The TOE focuses on emerging innovations in dynamic yaw systems for wind turbines. The TOE provides information o...

The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...

Battery energy storage systems (BESS) are crucial in enabling the energy transition. Their deployment is essential to providing electricity systems' flexibility to support higher electrification, relying primarily on variable renewable energy (RE) sources. At the behind-the-meter (BTM) level, batteries are also increasingly recognized as a critical...

04 Oct 2017  |  North America  |  Market Research

North American Digital Substation Market, Forecast to 2022

Growing Distributed Energy Resources and Need for Grid Modernization will Drive Demand

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Utility substations form an integral part of the entire grid network. They will play a vital role in the smart grids of tomorrow. With growing complexity in the grid, energy companies are recognizing the importance of digital transformation. Additional challenges include substation projects coming under increasing cost and time pressure, investors...

Edge intelligence is the combination of business intelligence and automation that can sense and synthesize massive volumes of data and make decisions close to the data collection point. Applications include collecting, analyzing, and communicating data within the specified ecosystem and making real-time decisions to achieve unprecedented levels of ...

While grid modernization is still high on the agenda, utilities in the United States are also looking for smarter solutions that in part can maximize existing assets without having to replace every single power and distribution transformer. As a result, an untapped need to inject improved situational awareness of assets is shaking up industry dynam...