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. 27 Jun 2023  |  Global

    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

    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...

  2. 26 Jun 2023  |  Global

    Emerging Technology Innovations in Sodium-ion Batteries

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

    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 over...

  3. 12 Jun 2023  |  Global

    Global Oil and Gas Industry Automation Growth Opportunities

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

    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...

  4. 31 May 2023  |  Global

    Impact of Additive Manufacturing Technologies in Oil and Gas

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

    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...

  5. 17 May 2023  |  Global

    Global Coal Power Growth Opportunities

    APAC Drives Investment in Coal-fired Power Generation

    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...

  6. 15 May 2023  |  Global

    Stationary Fuel Cell Growth Opportunities

    Huge Levels of Global Investment in the Hydrogen Economy will be Key to Taking the Sector and the Technology to the Next Level

    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 ...

  7. 05 May 2023  |  Global

    Global Growth Opportunities in Electrolyzer Technologies for Hydrogen Production

    R&D of Alternative and Innovative Materials to Drive Future Growth Potential of Electrolyzer Technologies for Green Hydrogen Production

    Electrolyzers use electrolysis to generate hydrogen from water. They are set to play a crucial role in the global transition towards clean energy, as they provide a sustainable and efficient method for producing low-/zero- carbon/hydrogen for various applications across sectors. Key factors contributing to the growth of the electrolyzer industry in...

  8. 05 May 2023  |  Latin America

    Latin America Power & Energy Outlook, 2023

    Future Growth Potential Enhanced by an Accelerated Energy Transition Global Context and the Advancements in Renewable Energy Deployment

    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 t...

  9. 28 Apr 2023  |  Global

    Global Microgrids Growth Opportunities

    Demand for Electrification, Renewables, and Grid Resilience Drive Future Growth Potential

    The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...

  10. 20 Apr 2023  |  South Asia, Middle East & North Africa

    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...