Energy

Though the global uninterruptible power supply (UPS) industry is mature, it continues to offer considerable growth opportunities in different market segments, such as technology, end-user vertical, power range, and geography. This Frost & Sullivan study provides in-depth insight into the total UPS market and various high-growth segments. The indust...

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, ...

27 Jun 2023  |  Global  |  Technology Research

Advancements in Digital Twin Technology Transforming the Energy Sector

Precise Modeling and Process Integration from a Single Platform to Enhance Analytics in Power Generation, Transmission, and Distribution

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To meet global emission reduction targets, renewable energy must account for at least 42% of energy consumption by 2030 and 60% by 2050, compared to 17% in 2021. Although the global power generation sector is moving toward renewable power to curb greenhouse gas emissions, renewable energy is intermittent. Therefore, its increased share in the power...

26 Jun 2023  |  Global  |  Technology Research

Emerging Technology Innovations in Sodium-ion Batteries

A Lower Levelized Cost of Storage and Enhanced Safety Characteristics Drive Sodium-ion Batteries Toward Successful Commercialization

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The world requires more energy storage solutions for a vast range of applications—electric mobility, on-grid and off-grid stationary energy storage, consumer electronics, and data centers, among others. Lithium-ion batteries, currently the most widespread energy storage technology, face many issues that novel energy storage technologies must overco...

12 Jun 2023  |  Global  |  Market Research

Global Oil and Gas Industry Automation Growth Opportunities

Disruptive Technologies Driving Efficiency, Safety, and Sustainability in Upstream Operations

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The global oil and gas market is currently going through an unprecedented transformation triggered by efforts to reduce carbon emissions and rely on more renewable and environmentally friendly energy sources for the future. The digitalization and automation of processes accompanying this shift represent enormous opportunities, and the market is poi...

31 May 2023  |  Global  |  Technology Research

Impact of Additive Manufacturing Technologies in Oil and Gas

On-demand Components and Shift toward Digital Inventory Drive Adoption of 3D Printing

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Recent years have seen tremendous technological growth in additive manufacturing, also referred to as 3D printing, and increased research and development (R&D) activities as companies work to scale the technology and meet increasing and evolving needs across several industries. In particular, the oil and gas sector is adopting 3D printing technolog...

There is growing pressure on the global power sector to decarbonize, which in turn puts pressure on new investment in coal-fired power generation. Energy security is a significant mega trend, whose importance is heightened by the Russo-Ukrainian War and the resulting disruption in the global power market. Many of the traditional high coal dependenc...

Energy decentralization, supportive regulations and policies, greater focus on sustainability, and the crucial development of a hydrogen economy will drive stationary fuel cell industry growth during the next decade. The wider market for decentralized energy solutions is thriving as residential, commercial, and industrial customers look to achieve ...

While the world witnesses unprecedented policies and investment announcements to accelerate the energy transition—like the Inflation Reduction Act, the Green Deal Industrial Plan, and China's latest Five-year Plan—what happens in Latin America Will the region join the race for decarbonization seen in the rest of the world How does that affect the p...