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04 Apr 2017  |  Global
Rebalancing in Oil Demand and Supply will Only Happen with More Production Cuts by OPEC and Non-OPEC Producers
The study covers the outlook of the oil and gas industry for 2017, forecast to 2020. The study starts by looking at the oil and gas industry in 2016 and what led to the oil price crash, followed by key predictors for 2017 and determining when the rebalancing of oil demand and supply will take place. The study is divided into 3 main segments: • ...
16 May 2017  |  Global
Energy Storage System Installed Capacity Will Hit 8.13 Gigawatts in 2017
2017 will represent a breakout year for distributed energy storage, largely driven by the battery energy storage market. The utility-scale market is expected to continue the strong growth shown in 2016. The global market revenue will increase by 30% by the end of 2017, driven by continued price declines in battery systems, the establishment of proc...
23 Feb 2018  |  Global
Residential ESS and Molten Salt Thermal Storage Will Record Strong Growth, as New Business Models Continue to Emerge
The energy storage market is being swept by a wave of disruptive technologies and business models with companies looking to capitalise on this lucrative market. Deep understanding of the BESS technologies is currently a roadblock to its widespread adoption. Companies should embrace technologies such as energy storage virtual power plants to not onl...
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28 Mar 2018  |  Global
More than $400 Billion Invested Annually in New Power Capacity as Renewables Continue to Dominate
Frost & Sullivan’s power industry outlook finds that $2.20 trillion will be invested in generation capacity additions for the period 2017-2021 driven mainly by renewable energies, solar and wind, accounting for $603.4 billion and $553.7 billion, respectively. Similar to 2017, Frost & Sullivan expects solar energy to account for the majority of th...
17 Aug 2018  |  Global
Renewable Power Generation Capacity to Grow by 13.3% in 2018, Led by Solar PV and Wind Power
Frost & Sullivan’s renewable energy outlook finds that the global market will close out 2018 with 154.6 GW of new renewable power generation capacity and $228.3 billion in investments. The investments in power generation is forecast to decline slightly by (-0.7%) over 2017 due to reductions in solar capacity additions in China, but this restraint...
14 Jan 2020  |  Global
The United States and China Continue to be the Key Energy Storage Markets, Supported by Strong Regulations, Legislative Policies, and Incentives
Energy storage is gaining importance with increasing demand for energy in residential and industrial applications. With growing data consumption and a proliferation of cloud services, the demand for energy increases proportionately. Energy storage is a viable solution to utilize renewable energy and an attractive option for implementing clean energ...