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20 Apr 2023  |  South Asia, Middle East & North Africa  |  Market Outlook
Power and Energy in the Middle East Outlook, 2023
The EU Export Opportunity to Drive Power Investments
Russia’s war on Ukraine has unlocked unprecedented growth opportunities for the Middle East as Europe steers away from Russia for energy supply. The European Union’s commitment to end its reliance on Russian energy by 2027 and its focus on renewables and hydrogen offer ME countries a strong business case for energy investments, given that the r...
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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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08 Apr 2021  |  South Asia, Middle East & North Africa  |  Market Research
Transformative Mega Trends in the Indian Solar Inverters Market
Future Growth Potential Enhanced by Rooftop Inverter Opportunities and C&I Segment Contribution
India is a signatory to the Paris climate change agreement, which requires at least 40% of its energy to be from renewable sources by 2030. By 2022, India targets 175GW from renewable sources, out of which it plans to achieve 100GW from solar sources with rooftop solar contributing about 40GW. The Ministry of Renewable Energy has launched a number...
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05 Apr 2021  |  South Asia, Middle East & North Africa  |  Market Research
Distributed Energy Rejuvenating the Power Sector in the GCC through Innovation and Efficiency, 2021
Growth will be Spurred by the Region's Drive to Diversify the Energy Mix and Embrace Clean Energy Sources
Globally, the electricity supply industry is undergoing a major transition with the phasing out of conventional power generation technologies, which are being replaced by renewable energies like solar energy and wind energy. In addition to utility-scale power generation, customers are now considering self-generation through distributed renewable so...
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19 Mar 2021  |  Asia Pacific  |  Market Research
Digitalization and Decarbonization Powering Southeast Asia’s Medium Voltage Switchgear Industry
Future Growth Potential from Digital and Environmentally Friendly Value Propositions Driving Growth Opportunities
Southeast Asia’s medium voltage switchgear market includes Singapore, Malaysia, Vietnam, the Philippines, Thailand, and Indonesia and covers voltages ranging from 1 kilovolt (kV) to 38 kV. Its growth is expected to continue at a steady 5.1% compound annual growth rate from 2020 to 2026, driven by rising power demand and grid connectivity acr...
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03 Jul 2018  |  Asia Pacific  |  Market Research
Growth Opportunities for UPS Systems & Services in Asia-Pacific, 2017
Technology Innovation and Emerging Business Models Open Up New Avenues for Growth
Power backup market, especially Uninterruptible Power Supply (UPS), is gaining a lot of attention due to the demand-supply gap in power distribution, thus providing a vast platform for innovation. This research service covers the UPS systems and service market in Asia-Pacific, with 2015-2022 as the study period. The base year is 2017 and the foreca...
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02 Jul 2018  |  Asia Pacific  |  Market Research
Growth Opportunities in the Asia-Pacific Demand Response Market, Forecast to 2025
Actual Accumulated Demand Response Resources to Cross 30GW by 2025
The Asia-Pacific demand response market is in the growing stage with countries such as South Korea, Japan, and New Zealand in the forefront. The liberalization of electricity markets and increasing distributed energy resources have a major role in driving the growth of demand response. However, lack of standardized procedures and absence of incenti...
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29 Jun 2018  |  Asia Pacific  |  Market Research
Emerging Battery Companies in Asia-Pacific, 2017
Fast Growing Startups Pose Stiff Challenge to Industry Incumbents
The secondary battery market in Asia-Pacific is experiencing strong growth due to significant fall in battery costs and increasing demand from automotive, utilities, industrial sectors, consumer electronics, and wearable segments. Asia-Pacific is the largest market globally for batteries and is also rapidly growing its battery production. The regio...
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28 Feb 2018  |  Asia Pacific  |  Market Outlook
Asia-Pacific Energy & Environment Industry Outlook, 2018
Cross-industry Digitalization and Alternative Energy will Thrive in the Post-subsidy Era
In 2018, oil and gas (O&G) investments are likely to see a renewal as the sector gradually recovers. Opportunities continue to be rife in the LNG and refinery segments, as LNG regasification expansion will drive tank storage investments in Asia-Pacific. Renewable energy, including hybrid projects, will become a mainstream source of power for a low-...
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30 Dec 2015  |  Asia Pacific  |  Market Research
Incentive-Based Regulation (RIIO Model)—Great Britain
Introduction to Great Britain's Incentive-Based Regulation for Transmission and Distribution in the Gas and Electricity Market
The Office of Gas and Electricity Market (Ofgem) has implemented RIIO (setting Revenue using Incentives to deliver Innovations and Outputs) for the incentive-based regulation (IBR) covering the gas and electricity transmission and distribution network in Great Britain (England, Wales, and Scotland). The RIIO model puts the customer in the middle of...
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