Industries

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...

The Russo-Ukrainian war has dealt a massive energy shock to Europe, galvanizing policymakers into action. 2023 saw a raft of legislation being finalized, leading to the creation of a legal framework to drive investment in clean technologies. The implementation of these policies will be critical to their effectiveness. Many of the easy decisions hav...

This Frost & Sullivan study assesses the power and energy industry in the Middle East and North Africa (MENA). It broadly classifies MENA countries into 3 groups. The first group comprises most of the Gulf states, which have high levels of investment relative to their population size because the governments can fund power investment from oil and ga...

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...

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...

2023 is looking to be another critical year for the North American energy transition journey. The Inflation Reduction Act has unlocked unprecedented growth opportunities for the United States, but developers, regulators, and other stakeholders must work hard to implement clean energy initiatives while addressing supply chain challenges, inflation, ...