The growing demand for power is leading to a rise in generator sets. While other factors also contribute to demand, this analysis focuses on the current and future opportunities, challenges, and measures required for manufacturers to meet their goal.
What is the importance of prosumerism in today’s smart grid? Which digital technologies are transforming the inspection landscape? What are the key roles and features of smart grid components within prosumerism? Find out in this research.
As 5G brings tremendous benefits and value addition, it also poses multiple challenges to telecom operators. Get a thorough analysis of this industry and examine the evolution of 5G, best practices, industry dynamics and the impact of 5G on power consumption.
Due to the global pandemic, we are living in unprecedented times. This pandemic has proven to be the ultimate iconoclasm across industries. Everything is on the anvil, from business attire to face-to-face meetings to the need to have a permanent office. Sustainable energy is no different. When the pandemic set in and oil prices plummeted, the most common belief was that the investments in sustainable energy will slow down, the new wave of electrification in automotive will subside and we will turn the clock back on the climate agenda.
Prolonged lockdowns in several countries turned out to be an unprecedented social experiment. When the transport and industrial emissions stopped, urban air quality drastically improved in a matter of days. That underlined the harmful effects of the emissions.
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Future Growth Potential of Australian Firefighting Solutions
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ANZ Construction Collaboration: Advancements Boosting Growth
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H&B Industry: Outcome-linked Service Innovations Drive Growth
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Flexible CHP Systems Enhance Grid Stabilization and Resilience
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Innovative Technologies Transforming the Power Generation Sector
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The theme for World Environment Day on 5 June 2021 is ecosystem restoration. The day will also celebrate the launch of the United Nations Decade on Ecosystem Restoration 2021-2030. The past 18 months have been the most challenging to society, industry and commerce. As we embark on the path to recovery, the broad consensus is to build back better, stronger and, most importantly, greener.
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Adani Green Energy’s acquisition of SB Energy is the largest deal in India’s renewable energy sector, valuing the company at ₹26,000 crores ($3.5 billion). This is great news for India, which currently has one of the largest renewable energy addition programs with targeted capacity addition of 175 GW by 2022 and 430 GW by 2030, according to the Ministry of Power and Ministry of New and Renewable Energy, India.
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As professionals, our careers are often assessed on our ability to identify critical technology growth opportunities and mitigate the inherent risk associated with our choices. Our Top 50 Platform is a highly effective, low-risk tool that can be added to your toolkit to enhance your decision-making by being more thorough and introducing elements of out-of-the-box perspectives that are necessary.
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Solar photovoltaic (PV) is now the leading source of global power generation investment. In 2020, more dollars were invested in solar PV than coal, gas, and nuclear combined. The decade ahead promises more growth and continued investor opportunities as Frost & Sullivan forecasts a total of $2 billion to be invested through 2030, with half going to utility-scale projects and the rest going to commercial, industrial, and residential PV systems. More homes and businesses will arise as prosumers, relying on self-generation for most of their needs, enabled through energy storage systems.
COVID-19 has compelled consumers to interact more with technology and has impacted the way we work, make purchases, and spend our free time. It has also irrevocably changed the workplace dynamic. For team building and maintaining professional connections, digital collaboration has proved more crucial than ever. As workplaces become remote and transition toward becoming automation-dependent, upgrading digital skills is necessary to close the digital divide and prepare for future labor market needs. Similarly, post-COVID crowd behavior patterns will also play a key role.
Frost & Sullivan’s recent analysis, Technology Advancements Enabling Prosumerism in Energy Sector, finds that smart grids have created a paradigm shift toward active energy distribution. They have significantly transformed the role of consumers to prosumers, who simultaneously participate in power consumption and production by integrating energy generation units, like solar panels, within their premises. In addition, energy management systems, micro-grid technologies, intelligent communications and information platforms are witnessing the convergence of applications.
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