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18 Dec 2023  |  Global  |  Market Outlook
Top 5 Growth Opportunities in Industrial Electrification, 2024
Multi-stakeholder Collaboration and Technological Innovations to Boost Electrification of Industrial Segments
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, ...
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18 Dec 2023  |  Global  |  Market Outlook
Top 10 Growth Opportunities in Power and Distributed Energy, 2024
Record-breaking Investment Levels as Power Decarbonisation Accelerates Globally
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...
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07 Dec 2023  |  Global  |  Market Outlook
Top 10 Growth Opportunities in Hydrogen, 2024
A Pivotal Year Ahead as the Sector Shores Up Its Leading Fuel Position for the Energy Transition
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...
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07 Dec 2023  |  Global  |  Market Outlook
Top 10 Growth Opportunities in Oil and Gas Decarbonization, 2024
Energy Transition, Carbon Capture, Automation, and Emissions Management to Drive the Industry toward Net-Zero Targets
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...
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31 Jul 2023  |  Global  |  Market Outlook
Global Oil and Gas Industry Outlook, 2023
Energy Transition, Decarbonization, Digitalization, and New Business Models Drive Industry Transformation
The global energy industry is undergoing an unprecedented transition, bringing exciting new growth opportunities to the oil and gas (O&G) industry. However, shifting to a net-zero future for carbon emissions means many companies face pricing, energy security, and industry disruption struggles. As the industry moves to meet decarbonization and su...
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31 Mar 2023  |  Asia Pacific  |  Market Outlook
Asia-Pacific (APAC) Power and Energy Market Outlook 2023
Greater Emphasis on Energy Security, Renewable Energy Adoption, and Grid Investments Drive Growth
Frost & Sullivan observed that 2022 was a mixed year for the APAC power and energy sector. While the region benefitted from ending COVID-19 restrictions and increased economic activity, Russia's invasion of Ukraine meant it faced new energy security challenges as commodity prices rose, particularly for liquified natural gas. This has increased the ...
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12 Jan 2023  |  Global  |  Market Outlook
Growth Opportunities for the Power & Energy Industry
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...
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14 Dec 2022  |  Global  |  Market Outlook
Outlook 2023: Top 10 Predictions for the Oil & Gas Industry
Energy Transition and Decarbonization Goals to Drive Innovation and Sustainability Initiatives
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...
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22 Feb 2022  |  Asia Pacific  |  Market Outlook
Asia-Pacific Power and Energy Outlook, 2022
The Net-Zero Energy Transition, Innovative Business Models, and Diversification Create New Growth Opportunities for both Traditional and Non-Traditional Participants
After a challenging 2020, 2021 was a defining year for the energy industry in many ways. The world witnessed rising concerns about climate change and the need for sustainable solutions and processes. Following the latest COP summit, more than 100 countries pledged their commitment to net-zero emissions by 2050. In Asia-Pacific, Japan, Australia, an...
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02 Sep 2020  |  Asia Pacific  |  Market Outlook
Disruptive Global Pandemic Calls for Business Innovations in the Asia-Pacific Energy and Environment Industry, 2020
Digitalization Led New Industry Landscape to Present Critical Business Opportunities
Coronavirus 2019 (COVID-19) has brought in new opportunities and business ideas in the midst of economic disruption. The entire value chain in energy and environment industries is affected and it is almost certain that most industry players will register a decline in growth rates in 2020. However, some immediate and mid- to long-term opportunities ...
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