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21 Nov 2014  |  Europe
Attaining Grid Flexibility is Essential for Integrating Europe's Decentralised Power Networks
This study provides insight into the key enablers affecting the flexibility of grids. The intermittency and unpredictability of renewable technologies has led power suppliers to invest in smart and flexible grid solutions. Investments in technological developments will also ensure grid flexibility during voltage dips and capacity overloads. Grid fl...
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29 Sep 2014  |  Europe
Growth in Fossil-fired Generation to Translate into Improved Growth in the Power Plant Services Market
The power generation market in Europe has witnessed a challenging period over the past 3 years following the global financial crisis. It continues to face a very stagnant and difficult period. Power producers are still running their coal-fired plants rather than immediately investing in gas-fired generation. Therefore, the European power plant serv...
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16 Jun 2014  |  Europe
Emergence of New Technologies and Resurgence of the Construction Sector Will Further Drive Stand-by Power Demand
Energy security is the key demand driver for onsite stand-by power needs in the European region. Grid instability and power outages due to the capacity overload in the Eastern countries along with the stand-by demand for intermittent renewable power sources in Western regions continue to drive the need for onsite power generation technology such as...
19 May 2014  |  Europe
Promising Market with High Growth Implications
Turkeys renewable energy market is posed for rapid expansion as the country is pushing to reach its ambitious 2022 target for renewable energy deployment. As the energy demand is forecast to continue growing, a strong mix of local and international participants has emerged to put the government plants into reality. The development in certain marke...
24 Jan 2014  |  Europe
Supportive Legislations and Initiatives Provide Clarity to Promote Implementation
Renewable energy sources are environmentally friendly and globally promoted. Due to their intermittent nature, however, renewable energy sources cannot be utilised as and when needed. Hence, an energy storage system becomes crucial to fully utilise renewable power. An energy storage facility acts as a buffer during peak demand; further, it improves...
31 Oct 2013  |  Europe
First-mover Advantage in the Near Term, Competition to Boom Post 2020
A smart city is a future trend that ensures efficient, intelligent power consumption and management within an urban community. These global cities will only function through the installation of both a smart grid and a form of energy storage. The impact of energy storage in a smart city is expected to be felt most strongly in the US and Europe, foll...
24 Oct 2013  |  Europe
Building a Future towards Energy Self-sufficiency
Both the International Energy Agency (IEA) and the EU Member States have identified district heating as a growth area. However, implementation of combined heating and power (CHP) policies is slow and growth has been sluggish. However, the market is set to grow steadily between 2012 and 2019. The key challenge facing the market is defining policy an...
26 Sep 2013  |  Europe
High Investment in the IT Applications Drives Market Demand
The European rack and rack options market is growing with still high opportunities for growth during the next 5 years. The rack options segment, which includes cooling and airflow management, power management and power distribution units (PDU) cable management, monitoring, and security and access, is expected to grow at a high rate compared to the ...
17 Sep 2013  |  Europe
Despite Challenges, Europe's Green Energy Supergrids are Possible for Future Low-carbon Electricity
Increasing power generation from renewable energy has led to excess energy-sharing among European states. Implementation of supergrids within select European countries would enhance effective power transmission and distribution. This market insight addresses the importance of supergrids and their necessity in Europe. Topics covered include the bene...
08 Aug 2013  |  Europe
Key Growth Opportunities Targeted Towards Various Sectors of Hardware, Software, and Other Markets
The smart meter rollout is gaining speed in Europe, driven by the EU mandate to have 80% coverage of smart meters in households by 2020. Equally interesting is the evolution of the smart grid wherein communication and involvement of the demand-side participants (consumers) become very important. This market insight looks at both hardware (EV chargi...