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Noise, Vibration, Harshness (NVH) is the field concerned with measurement and modification of the noise and vibration characteristics in products such as vehicles, aircrafts, space-crafts, consumer electronics, industrial equipment, and the like. The NVH industry is characterized by stiff competition, consolidation and market maturity across most a...

Because of the increasing population, land acquisition costs are increasing, which presents a challenge for the conventional land-based solar power industry. Floating solar photovoltaics (FSPVs), also known as floatovoltaics, do not require land and will play a major role in the renewable industry in the coming years. FSPVs float on bodies of water...

This edition of the Industrial Bioprocessing TOE features information on innovations in wood-to-textile fiber production, plastics circularity, protein production, sustainable transport fuels, sustainable agriculture, carbon recovery, and decarbonized concrete, among others.The Industrial Bioprocessing TOE provides intelligence on technologies, pro...

This edition of the IT, Computing and Communication Technology Opportunity Engine explores emerging growth prospects in AI-driven spatial intelligence, automated 3D intelligence, agentic observability, end-to-end agentic observability, unified API & AI gateway, API and AI connectivity platform, global GPU cloud, global cloud infrastructure, and tai...

This edition of the Industrial Bioprocessing TOE features information on advanced ethylene electrolyzer technology, CO2 conversion electrolyzers, artificial protein production, biomanufacturing, precision gas fermentation, plant-based proteins, carbon capture technology, and impedance heating technology, among others.The Industrial Bioprocessing TO...

This edition of the Oil and Gas (O&G) Technology Opportunity Engines features information on asset monitoring, gas detection, methane leak detection technology, aerial inspection systems, emission monitoring, oil-water separation systems, among others.The Oil and Gas TOE provides intelligence on innovations pertaining to technologies, products, and...

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...

With the growing demand for electric vehicles (EVs) and renewable energy storage systems, the need for high-performance batteries is increasing. The shift toward improved battery technologies with higher energy density, longer lifespan, and increased safety is pushing technical advancements in next-generation (next-gen) battery material technologie...

The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Next-Gen Audio Processor, LiDAR, Radar, Air Mobility, ADAS and Battery among others.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms that are not only technically signific...