Industries Market Research Reports

2024 is expected to be a year of significant growth for the renewable energy sector in North America because of favorable climate policies and regulations. In 2022, the United States passed the Inflation Reduction Act (IRA), which has boosted investor confidence and provided incentives for investment in domestic supply chains. Despite challenges re...

Hydropower will remain the leading source of electricity in Latin America throughout the forecast period (2024 to 2035), but renewable energy (RE) will experience substantial increases. Utility solar photovoltaic (PV) power and onshore wind dominate total investment. Latin America s offshore wind sector is far less developed than those of Europe or...

Awareness of smart grid technology is low to moderate, yet awareness likely does not stem from electric utility companies. Consistent with the previous years results, nearly 40 percent of residential energy consumers are aware of smart grid technology. However, only very few respondents are aware of any efforts by electric utility companies to int...

To increase the utilization of the current electrical distribution grid, utilities are promoting demand response programs that offer customers financial incentive to shift some demand to off-peak times. This would increase the amount of electricity that the existing grid can carry and reduce the need to expand the grid. The financial incentive co...

Renewable energy sources are gaining attention, as fossil fuels continue to become short in supply and volatile in price. The alternative sources of power generation can ensure energy security. In addition, there is an increasing environmental concern about air pollution and electricity consumption. To address climate change and promote energy inde...