Oil & Gas Innovation Tracker—Upstream Electrification

Oil & Gas Innovation Tracker—Upstream Electrification

Dynamic Companies Driving Innovation to Meet Decarbonization and Net Zero Goals through Electrification

RELEASE DATE
10-Nov-2022
REGION
Global
Deliverable Type
Market Research
Research Code: K849-01-00-00-00
SKU: EG02279-GL-MT_27103
AvailableYesPDF Download
$2,450.00
In stock
SKU
EG02279-GL-MT_27103

Oil & Gas Innovation Tracker—Upstream Electrification
Published on: 10-Nov-2022 | SKU: EG02279-GL-MT_27103

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As decarbonization strategies gather pace across industries, the electrification of processes in the oil and gas (O&G) industry is emerging as a pillar of growth opportunity and innovation. Frost & Sullivan has identified a complex and dynamic value chain and set of process steps where opportunities await.

Despite the significant potential to reduce carbon emissions, the electrification of O&G operations remains nascent. However, innovation among suppliers and supporting policies and regulatory frameworks from governments will boost adoption.

Most electrification technologies are commercially available, yet the high capital costs associated with replacing existing fossil fuel-based infrastructure, steep electricity prices, lack of government incentives, and poor awareness are significant barriers to O&G electrification. Yet these restraints are changing as decarbonization goals become more urgent and a period of growth for electrification looms.

This study looks specifically at 6 dynamic firms that are making a significant impact on the innovation agenda for electrification in the O&G sector and associated industries.

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Oil and Gas (O&G) Electrification Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Electrification Enablers

Main Benefits of Upstream Electrification

How Can Electrification of the Upstream O&G Sector Occur?

Companies to Action—Brief Introduction

Innovation Target

Elcogen—Company Profile

Elcogen—Analyst Viewpoint

Blue Logic—Company Profile

Blue Logic—Analyst Viewpoint

RedWave Energy (RedWave)—Company Profile

RedWave—Analyst Viewpoint

Merus Power—Company Profile

Merus Power—Analyst Viewpoint

Total Energy Solutions

Total Energy Solutions—Analyst Viewpoint

AGreatE—Company Profile

AGreatE—Analyst Viewpoint

The Last Word

The Last Word (continued)

Scoring Methodology

Growth Opportunity 1—Floating Solar Energy

Growth Opportunity 1—Floating Solar Energy (continued)

Growth Opportunity 2—Power Conversion Technologies

Growth Opportunity 2—Power Conversion Technologies (continued)

Growth Opportunity 3—Subsea Electrification

Growth Opportunity 3—Subsea Electrification (continued)

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Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

As decarbonization strategies gather pace across industries, the electrification of processes in the oil and gas (O&G) industry is emerging as a pillar of growth opportunity and innovation. Frost & Sullivan has identified a complex and dynamic value chain and set of process steps where opportunities await. Despite the significant potential to reduce carbon emissions, the electrification of O&G operations remains nascent. However, innovation among suppliers and supporting policies and regulatory frameworks from governments will boost adoption. Most electrification technologies are commercially available, yet the high capital costs associated with replacing existing fossil fuel-based infrastructure, steep electricity prices, lack of government incentives, and poor awareness are significant barriers to O&G electrification. Yet these restraints are changing as decarbonization goals become more urgent and a period of growth for electrification looms. This study looks specifically at 6 dynamic firms that are making a significant impact on the innovation agenda for electrification in the O&G sector and associated industries.
More Information
Deliverable Type Market Research
Author Agustina DeSarriera
Industries Energy
No Index No
Is Prebook No
Podcast No
WIP Number K849-01-00-00-00