Industries

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...

24 Nov 2022  |  Africa

South African Diesel Genset Industry, Outlook 2025

Innovation, Integration, and Transition to Renewable Energy Sources Drive Future Growth Opportunities

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South Africa is arguably sub-Saharan Africa’s most developed economy and home to the region’s largest energy sector. However, the country’s chronic energy crisis, most evident from the frequent loadshedding, largely stems from the failure of the national power utility, Eskom, to provide reliable, constant power supply due to its ailing coal-p...

After a challenging year in 2020, the year 2021 redefined the global energy industry in many ways. The world witnessed rising concern about climate change and demand for sustainable solutions and processes. Following the latest COP summit, more than 100 countries have pledged commitment to net-zero emissions by 2050. In North America, Canada announ...

11 Apr 2022  |  South Asia, Middle East & North Africa

Middle East Power & Energy Outlook, 2022

Strong Growth in Electricity Demand and Supply Security Drive the Industry While Decarbonization and Expanding Markets Propel Power Investments

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Key Issues Addressed

Globally, the Middle East (ME) is one of the regions most vulnerable to climate change. Nearly every ME country has been subjected to some of the lowest precipitation levels historically, and hotter climatic conditions will lead to a surge in demand for electricity to power regional cooling requirements. In fact, cooling already accounts for 70% of...

The Latin American power and energy market is going through a considerable transformation. Renewable energies (RE) are rapidly replacing hydropower and fossil fuels’ dominance in power generation expansion as energy regulations continue to evolve to support decarbonization and decentralization roadmaps, while securing energy access for a projecte...