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  1. 28 Jun 2022  |  Global  |  Megatrends

    Trend Opportunity Profiles—Home Ecosystems

    Innovative Digital Solutions Suite and Home Automation Service Models Create New Growth Opportunities

    With more customers preferring to stay home following the COVID-19 pandemic, they want to make their living spaces multifunctional and efficient. Homes will serve multiple purposes: work, entertainment, relaxation, shared living, and health and wellness. Home ecosystems and service-based models that assist people with everyday tasks will cause a so...

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  2. 21 Jun 2022  |  Global  |  Technology Research

    Recent Innovations and Developments and Future Growth Opportunities in Power Transmission and Distribution (T&D) Technologies

    Data Collection, Processing and Controlling Tools Enhance Grid Resilience.

    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...

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  3. 31 May 2022  |  Global  |  Technology Research

    Breakthrough Innovation Enabling Efficient Thermal Energy Storage (TES)

    TES Systems Hold Wide Application Flexibility and Decarbonization Potential across Industries.

    Energy storage systems are key enabling technologies that reduce emissions and improve the efficiency of buildings; they also facilitate the integration of renewable energy resources and enhance the stability of the grid. As countries across the world focus on achieving net-zero targets by 2050 and move to a circular economy, thermal energy storage...

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  4. 20 Dec 2021  |  Global  |  Technology Research

    Disruptive Technologies Enabling Building Energy Management Systems

    Next-generation Sensors and Network Infrastructures Optimize Energy Efficiency and Power New Growth Opportunities

    Globally, the building industry accounts for about one-third of energy consumption and emissions. According to the International Energy Agency (IEA), as of 2019, the building industry’s energy consumption reached 130 Exajoule (EJ) and has increased by 20% compared to 2010 levels. Growing ownership and use of air-conditioning and extreme weather c...

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  5. 17 Dec 2021  |  Global  |  Technology Research

    Technology Trends and Advances in Building Integrated Photovoltaics

    Cost-efficient Manufacturing, Low-Light Functioning Capability, and Appealing Aesthetics of BIPVs Present New Opportunities to Achieve Net Zero Energy Buildings

    Building Integrated Photovoltaics (BIPV) integrates photovoltaics (PV) and building architecture. BIPVs serve as on-site power generators for buildings, resulting in energy costs saving and reducing the building's carbon footprint. Also, if the BIPV system interfaces with the power grid, the unused electricity may be exported to the utility for gri...

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  6. 16 Dec 2021  |  Global  |  Technology Research

    Breakthrough Innovations in Solid-State Batteries

    Non-flammable Solid-State Electrolytes Driving Future Growth Potential of Advanced Batteries for Electric Vehicles and Grid Storage Applications

    The ongoing, albeit intermittent, transition to renewable energy sources has made it apparent that new methods of electric energy storage are required to balance energy supply and demand. The widespread adoption of electric vehicles spurs the need for more cost-effective energy storage solutions. At the same time, rising climate change awareness pu...

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  7. 14 Dec 2021  |  Global  |  Technology Research

    Emerging Technologies Transforming Offshore Wind Energy

    High Reliability and Cost-effective Large-scale Energy Production Drive the Deployment of Offshore Wind Energy Farms

    Energy generation is the most crucial building block of a country’s economic development and a key determinant of its progress. Population growth requires a higher degree of economic development, which directly requires more energy to be generated. To meet the rising energy demands, the energy sector is under pressure to expand rapidly as countri...

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  8. 13 Dec 2021  |  Global  |  Technology Research

    Future of Seismic Technologies in the O&G Industry

    Moving seismic data to cloud and high-performance computing drive tectonic shift in geoscience workflows.

    In 1921, geophysical acquisition technology which involves the generation and acquisition of seismic data to image sub-surface geology revolutionized earth science and resource exploration. Seismic technologies have come a long way since then; they now have the ability to illuminate and image complex subsurface targets at lower acquisition costs. O...

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  9. 25 Nov 2021  |  Global  |  Technology Research

    Technological Advancements Enabling Carbon Capture and Sequestration

    Carbon Capture and Sequestration Technologies Drive Deep Decarbonization

    Mitigating greenhouse gases is the way ahead to avert catastrophes arising from climate change. Permanently removing greenhouse gas emissions from the atmosphere is a huge and urgent task. Emission reduction technologies are necessary to achieve deep decarbonization in emission-intensive industries and net-zero emissions in the long term. Industry ...

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  10. 21 Oct 2021  |  Global  |  Technology Research

    Breakthrough Flow Battery Technologies for Grid-scale Energy Storage

    Long Operational Life, Eco-friendly Construction, and Low Lifetime Cost Drive the Deployment of Flow Batteries for Stationary Larg

    The flow battery energy storage solution comprises 2 electrolytes, which differs from the traditional battery design, where energy is stored as the electrode material. These electrocytes’ electrochemical nature drives the ion transfer and enables the storage and discharge of energy. A flow battery can be used as a fuel cell and rechargeable bat...

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