Search results for: 'software in the energy industry'

This study examines the structural forces reshaping the power generation and distributed energy sector in 2026 and identifies ten non-negotiable strategic imperatives required to sustain growth, resilience, and competitiveness. As electrification, AI-driven load growth, grid congestion, permitting delays, and geopolitical volatility intensify, trad...

The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies face pricing, energy security, and industry disruption struggles. As the industry moves to meet decarbonization and su...

Global grid-scale battery energy storage system (BESS) deployment experienced unprecedented growth in 2023, expanding 159.5% from 2022. The year 2024 will break another record in new installations, with deployments of 41.84 GW/104.67 GWh. BESS has rapidly become the fastest-growing clean energy technology, driven by the growth of wind and solar ...

Driven by the demand for energy security, industrial heat decarbonization, and 24/7 carbon-free electricity, geothermal energy is becoming a crucial pillar of the worldwide clean energy transition. This report explores the rapid advancement of next-generation geothermal technologies, including enhanced geothermal systems (EGS), superhot rock geothe...

12 Feb 2025  |  Global  |  Market Outlook

Top 10 Growth Opportunities in Power and Distributed Energy, 2025

Unprecedented Investment Levels in Power Continue as the Global Movement Towards Decarbonization Increases

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Renewable energy deployment is experiencing accelerated growth. Global investment in power generation reached a record high of $961.45 billion in 2024, up from $856.14 billion in 2023. The renewable energy sector led this investment surge, with solar photovoltaic (PV) and wind energy accounting for $589.74 billion. Solar and wind energy demand is i...

This edition of the Energy & Power Systems (EPS) TOE features information about the innovations in Alkaline Electrolysis technology, nuclear fusion, wave energy conversion, thermal energy storage, electrode manufacturing, solid state batteries, perovskite solar cells, among others.The Energy and Power Systems TOE provide insights on the latest adva...

The Directed Energy Weapon (DEW) system market is expanding rapidly, driven by major technological breakthroughs in laser systems for a wide range of military applications. Lasers are significantly cheaper than many kinetic interceptors, easier to maintain, flexible in operation, and highly effective in neutralizing threats.With the growing prolife...

The global energy industry is going through an unprecedented transition period, and this change is bringing exciting new growth opportunities to the oil and gas (O&G) sector. However, the shift to a net-zero future for carbon emissions means many companies are also facing pricing, energy security, and industry disruption struggles. The energy indus...

Flexible generation capacity and storage are key elements of the energy transition and the continued expansion of intermittent renewable energy (RE) because they offer unparalleled flexibility to optimally deliver energy and ancillary services. Frost & Sullivan forecasts global grid-scale battery energy storage systems (BESS) to experience rapid ex...