Search results for: 'simulation energy'

The energy sector is shifting to sustainable and green resources; as a result, the share of renewables in the power generation mix is rising. However, this presents another challenge for the power industry; renewable sources are intermittent, which pressurizes the power transmission and distribution (T&D) industry to maintain power supply in line w...

20 Feb 2025  |  Global  |  Technology Research

Vehicle-to-Grid in EV Charging Infrastructure, Recent Technological Developments and Growth Opportunities, 2024–2030

Exploring Vehicle-to-Grid Technology Integration, Challenges, and Opportunities

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The traditionally distinct transport and power sectors are increasingly converging through the common element of electric power. As electric vehicle (EV) numbers grow and renewable energy sources gain market share, their integration into the conventional power grid is becoming a technical necessity and a strategic opportunity. Bidirectional energy ...

20 Sep 2016  |  Global  |  Market Research

Growing Opportunity in the Global Microgrid Market

Decreasing Costs and Technological Advancements of Decentralised Power and Storage Drives New Market Growth

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“Microgrid” is the new buzzword amidst the rise of distributed energy resources and battery energy storage systems. Significant price declines in both distributed renewable power and battery technologies, coupled with more technological advancements in control and energy management systems, have created a vision of reliable, efficient, renewable, a...

The lithium-ion battery market is considered a high growth market. Because demand for energy storage is increasing, the need for lithium-ion batteries is also increasing. The segments that will exhibit high growth rates for these batteries include automotive, grid and renewable energy storage, consumer, and industrial. With greater emphasis on gree...

Fuel cells are expected to see significant growth over the next decade, as countries move toward cleaner power to diversify their power mix away from fossil fuels. The need to decarbonize the power sector will only intensify over the next decade. Renewable energy will play a big part in this story, but fuel cells will also be a source of clean powe...

The European heat exchangers market recorded steady growth in 2019, following a period of economic downturn over the past few years. The market witnessed strong demand from end users, with a positive investment climate across key end-use industries such as chemicals and petrochemicals; heating, ventilation, and air conditioning (HVAC); and power ge...

Onshore wind energy involves the harvesting of wind power from wind turbines set up on land. Its growing popularity as a means to meet country-specific clean energy targets along with strong regulatory support are driving industry growth globally. Corporate interest in procuring wind power to meet renewable energy goals as well as falling wind turb...

The Microelectronics Technology Opportunity Engine provides profiles of innovations related to New Logic-optimized, General-purpose Field-programmable Gate Arrays (FPGAs), Edge GPT AI Chip, KL830, for AI Personal Computers (PCs) and Energy-efficient Quantum Computing Processor for Enterprises.The Microelectronics Technology Opportunity Engine captu...

The Microelectronics Technology Opportunity Engine provides profiles of innovations related to High-qubit Quantum Computing Platform, Energy-efficient and Scalable AI Accelerators, High-performance and Scalable Quantum Computers, Sustainable Tensor Processing Technology, High Performance eFPGA and Advanced Optical DSP.The Microelectronics Technolog...