Industries

Geopolitical crises, such as the Russo-Ukrainian War and the recent Israeli-Hamas War, have highlighted the risks and challenges associated with dependency on imported fossil fuels. Energy security has become an important global megatrend since 2022, driving significant investment in renewable generation and other low-carbon alternatives. However, ...

2023 was a record-breaking year for power generation investment, with $840 billion invested in projects globally, up from $611 billion in 2022. Renewable energy dominated investment in 2023; solar PV and wind power combined accounted for $528 billion. Climate commitments and supportive regulations are the mainstays of global growth. China has signi...

After five years of buzz and excitement, 2023 has become somewhat of a reality check for the hydrogen industry. The volume of final investment decisions (FIDs) for projects has been low as financing costs and associated project scrutiny have increased. The results from utilizing hydrogen in some sectors have proved disappointing, with projected cos...

Decarbonization, digital transformation, and technology innovation have accelerated significantly in the past five years. The global energy industry is experiencing an unprecedented transition, 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 concerning carb...

Frost & Sullivan’s Top 10 Growth Opportunities for the Power & Energy Industry summarizes the major trends that will gain momentum in 2023. The mounting pressure to achieve global decarbonization and Russia’s invasion of Ukraine will continue to disrupt the power and energy sector. Investment in renewable energy will increase, with annual in...

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...

Renewable energy has made strong advances in the power generation fuel mix in many developed and developing nations in the past decade. Energy-hungry nations are increasingly turning to renewables in order to meet their rapidly increasing demand. While some better established sources of renewable power, such as small hydro, biomass, wind, and incre...

Following the Kyoto Protocol, countries in the Asia-Pacific region are motivated to adopt ‘green’ measures and reduce CO2 emission from automobiles and industries. One of the key focuses is to have 20.0 percent of total vehicles on road to be electrical vehicles by 2020. EVs are ’zero’ emission vehicles. Hence, the EV charging infrastructur...

Meeting energy needs while achieving security of supply and minimising carbon emissions are key challenges facing most countries. Although nuclear is gaining support in Europe, its significance varies among European countries. While some states are not willing to take risks and are opposed to nuclear (such as Germany, Italy, Switzerland and Belgium...