The energy and environment industry is undergoing rapid transformation from a static and conventional system to the fluid and dynamic Internet of Energy. Renewables are a significant portion of the world’s energy production, with rapid growth of the last decade spurring advanced solutions in grid technologies and energy storage. Nevertheless, fossil fuels continue to dominate much of the world’s power portfolio, from the adherents and detractors of fracking for oil and gas, to the continued high volume of coal used in key global regions. Services to the industry are rapidly evolving to leverage the influx of information from the Industrial Internet, creating new solutions and business models such as advanced predictive maintenance, optimized generation and storage, innovative energy efficiency solutions and X-as-a-Service. And all of this is driven by the push and pull of increasing demand for cleaner air and water alongside the need for more power and energy.

Frost & Sullivan works closely with the world’s largest OEMs, utilities, service providers and IT firms to help them find the opportunities in this sea of change. Our experts and consultants constantly engage with markets from oil and gas to electricity, grids to homes and buildings, and the critical needs for power, water, and environmental solutions across all sectors of the global economy.

  1. 16 May 2024  |  Asia Pacific  |  Market Outlook

    Asia-Pacific Power and Energy Outlook 2024

    Electricity Demand Growth and Decarbonization Efforts Will Drive Investment

    This analysis assesses the power and energy market in Asia-Pacific. The primary focus is power generation, but grids, energy storage, hydrogen, and the role of fossils are included in the trends section. Asia-Pacific encompasses diverse countries, from highly developed economies, such as South Korea and Japan, to under-developed ones such as Lao...

  2. 26 Apr 2024  |  Latin America  |  Market Outlook

    Latin American Power & Energy Outlook, 2024

    Policy Support and Lower Project Costs Drive Strong Renewable Energy Growth

    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...

  3. 25 Apr 2024  |  Europe  |  Market Outlook

    European Power & Energy Outlook and Growth Opportunities, 2024

    Transformative Megatrends Continue to Drive Strong Growth in Europe

    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...

  4. 17 Apr 2024  |  South Asia, Middle East & North Africa  |  Market Outlook

    MENA Power and Energy Outlook and Growth Opportunities, 2024

    Revenue from High Fossil Fuel Prices Drives Investment in Power Infrastructure

    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...

  5. 02 Apr 2024  |  Global  |  Frost Radar

    Frost Radar : Direct Air Carbon Capture, 2024

    A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

    This Frost Radar analyzes and positions 16 of the world's leading and most dynamic direct air carbon capture (DACC) technology industry players. DACC will prove instrumental in enabling net-zero pathways. This negative-emissions carbon dioxide removal (CDR) technology employs solid or liquid adsorbents/solvents to capture carbon dioxide (CO2) ...

  6. 11 Mar 2024  |  Global  |  Market Research

    Carbon Markets: Trends and Growth Opportunities

    Carbon Pricing Operates as an Instrument to Tackle Emissions and Accelerate the Transition to Net Zero

    Carbon markets are trading systems that use greenhouse gas (GHG) emissions as a commodity, setting a price on them based on the value of the emitted carbon dioxide. Companies can purchase and sell carbon credits or carbon offsets to compensate for their GHG emissions. There are two main types of carbon pricing initiatives, mandatory and voluntary, ...

  7. 24 Jan 2024  |  Global  |  Market Research

    Top 10 Growth Opportunities in Grid Modernization and Flexibility

    Decarbonization and Decentralization of Power Generation to Drive Massive Investment in the Electricity Network

    The industry faced significant challenges in 2023, as the ripple effect of supply chain and logistical issues echoed throughout the industry, which struggled to meet the strong demand for transmission and distribution (T&D) equipment. Despite supply chain challenges and economic uncertainty, the pressing need for grid modernization to meet the requ...

  8. 23 Jan 2024  |  Global  |  Frost Radar

    Frost Radar : Oil and Gas Automation, 2024

    A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

    Investments in oil and gas (O&G) automation declined in 2020 and 2021 as demand dried up because of the COVID-19 pandemic. From 2021 onward, the market began gradually stabilizing and recovering, with high levels of growth starting in 2022. Industry 4.0 is driving the demand for new technology investments and has transformed the O&G value chain...

  9. 19 Jan 2024  |  Global  |  Market Research

    Global Data Center Cooling Growth Opportunities

    Strong Data Center Growth and Industry Sustainability Efforts Will Drive Investment and Innovation in Cooling

    Data center cooling systems are key components of data center architecture, which fulfill critical cooling requirements for electronic equipment. The global growth of the internet and mobile devices has led to the creation of enormous volumes of data that need storage and processing. As a result, the construction of data centers of all sizes has re...

  10. 17 Jan 2024  |  Global  |  Market Research

    Top 10 Growth Opportunities in Battery Energy Storage Systems, 2024

    Energy Ecosystem Participants to Benefit from Ultra-fast-growing BESS Market

    The battery energy storage system (BESS) is a super-high growth market. The ongoing clean energy transition driving intermittent wind and solar capacity and the retirement of fossil-fuel-based generation plants requires critical services to balance the electricity system. BESSs have emerged as the most effective solution for this purpose. Estimated...