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31 Aug 2020  |  Global
Automotive and Energy Storage Applications Represent Key Growth Opportunity
Renewable energy sources have a major impact on the stability the power grid due to their randomness and intermittence in energy generating process. The widespread adoption of renewable energy and electric vehicles (EVs) requires the energy storage systems with enhanced energy and power densities, optimized efficiency, reduced cost, and possibility...
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03 Aug 2020  |  Global
Future Growth Potential for Technology Providers, as Hybrid Power Plants Become the New Normal in the Transition to a Net-zero World
Hybrid energy systems are catching a lot of attention in the energy industry: from utilities and independent power plants (IPPs) to technology providers, system integrators, project developers, and regulators. Globally, the market for large on-grid hybrid energy systems is at an early stage of development, waiting for proper regulations that can re...
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26 Jun 2020  |  Global
Transition to a Sustainable Energy Economy Requires a Effective Hydrogen Storage Carrier
Transition to a sustainable energy economy requires an energy carrier, which may enable large transfers of carbon-neutral energy. Hydrogen is a clean energy carrier that can have a positive impact on the entire energy industry. However, hydrogen storage in large amounts is challenging. There are considerable challenges associated with achieving an ...
01 Jun 2020  |  Global
Integration of Predictive Analytics, Machine Learning, and Internet-of-Things (IoT) will Enable Digitization of Power Grids
Ongoing transformation of digitisation of electricity grid has paved strong foundation for the integration of intelligent energy management technologies. Development of single source virtual platforms to increase consumer engagement toward ensuring energy optimization and sustainability have positively influenced the business outlook. Moreover, th...
08 May 2020  |  Global
5G Deployment to Lead Demand for DC Power Usage
DC power systems are expected to see growth as increased demand from telecom companies leads to increased deployment. Advent of 4G and 5G networks leads to steady growth of DC power systems as telecom base station power demand increases steadily. 5G deployment is the key driver for DC power systems, which is expected to see modest growth between 20...
05 May 2020  |  Global
Nearly $1 Trillion is Expected to be Invested Over the Course of the Decade as the Power Sector Continues to Transition to a More Decarbonised and Flexible System
30 Apr 2020  |  Global
Growing Solar Photovoltaic (PV) Installation and Increasing Popularity of Solar Plus Storage Systems to Drive Growth
The growing adoption of renewable energy (RE) generation across the globe is expected to drive the growth of the RE inverters market over the coming years. The continually declining prices of RE, coupled with country-specific clean energy targets and increasing corporate procurement, are driving the growth of the global RE inverters market. The mar...
23 Apr 2020  |  Global
Increasing electricity costs and grid demand charges, declining feed-in tariffs, and declining technology and projects costs all mean that energy storage is becoming a much more attractive proposition for consumers from household to heavy industry. The market has enjoyed high growth rates since 2015, but the volume of installations is still only a ...
30 Mar 2020  |  Global
Next-gen Technologies Driving the Holistic Transformation of the Upstream Oil & Gas Industry
Introduction of unconventional fuel systems including shale gas, bio-fuels along cut-throat geopolitical barriers including the Saudi-Russia oil price war has infused a volatile business scenario. The effect of these major disruptions has resulted in price volatility across the world. Besides, the introduction of the International Maritime Organiz...
30 Mar 2020  |  Global
Diversifying Generation Portfolios in Conjunction with Effective Energy Management Solutions Can Drive Global Energy Transition
The rising population along with the rapid expansion of anthropogenic activities has infused concerns associated with the sustainability and optimization of natural resources worldwide. Perpetual increase in per capita energy consumption in conjunction with aging energy infrastructure has further added to the debate concerning the growth and future...