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13 Jul 2020  |  Global
Hybrid power plants are set to become a new normal in the transition to a net zero world, adding greater complexity and demanding increased digital capabilities.
Hybrid energy sy
06 Jun 2019  |  Global
Grid Instability and Growth of Critical End-use Applications to Sustain Market Growth
The transfer switch (TS) is an electrical device that allows smooth and reliable transfer of electrical power between the primary utility and a secondary or backup power source, allowing critical loads to continue running with minimal or no outage. Continued growth in power demand from industrial, commercial and residential sectors coupled with pow...
23 May 2019  |  Global
Commercial and Data Center UPS Drive Battery Demand
Majority of the UPS systems has battery to store energy that will be used during power outage. The stationary lead-acid battery is the predominant battery chemistry used in these UPS, while lithium ion is the emerging chemistry that is revolutionizing the industry. Among the UPS applications, the role of batteries in commercial, industrial, data ce...
14 May 2019  |  Global
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The global battery energy storage industry is predicted to have double-digit growth, and this will be driven by both front of the meter and behind the meter applications. Falling battery costs, increased grid modernization initiatives, rapid growth in variable renewable energy generation, participation of battery storage in various wholesale electr...
02 May 2019  |  Global
Stakeholders realize the importance of implementing new processes to reclaim and reuse oil from sludge and emulsion solids
Oil sludge is produced at various stages of the oil industry from exploration, production, transportation, processing, and storage. Majority of the sludge is produced at waste water treatment plants considering that large quantities of water are used at critical nodes of the refinery process including desalting, thermal cracking, distillation and c...
23 Apr 2019  |  Global
Increasing Acceptability and Falling Costs to Drive the Market for Fuel Cells
Fuel cells are expected to see significant growth over the next decade, as countries move toward cleaner power to diversify their power mix away from fossil fuels. The market is expected to witness steady growth due to the construction and installation of fuel cell power by companies along with the declining cost of new/existing technologies, leadi...
31 Dec 2018  |  Global
Increasing Amount of Power Generated from Renewable Sources Leads to Widespread Adoption of HVDC and FACTS Solutions
Power transmission and distribution is one of the important infrastructure around the world providing an electrical energy for people and business across various industries. Growing urbanization and industrialization leads to an exponential increase in electricity consumption demand. Underdeveloped power infrastructure causes power losses and trans...
30 Dec 2018  |  Global
Emerging Technologies, Innovations Ecosystem and Business Models in Blockchain-based Energy Trading
The recent trends in the energy industry such as the rise in prosumerism and increasing deployment of smart meters has resulted in the integration of data analytics, storage and communication solutions to the energy industry. These factors have enabled the conventional end users to take part in energy transactions in the form of supporting the grid...
22 Nov 2018  |  Global
Rising Adoption of Electric Vehicles and Increasing Popularity of Renewable Energy Integration Drives BMS Demand
Battery management systems (BMS) are critical to ensure the safe and reliable operation of batteries, especially in advanced applications. The BMS market mirrors the growth of the battery market, and it is expected to grow steadily throughout the forecast period due to the increasing adoption of electric vehicles (xEVs), rising popularity of batter...
16 Nov 2018  |  Global
Efficient Power Quality Driving the Demand for Harmonic Filters
A harmonic filter is used to eliminate the harmonic distortion caused by electrical appliances. The role of harmonic filter is critical of the commercial and industrial sector as it can cause malfunctioning of the system, leading to downtimes and increases in operating costs. With latest technological advances and upgrades of infrastructural reform...