Frost & Sullivan’s Top 10 Growth Opportunities for the Power & Energy sector summarizes the major developments that will gain momentum in 2023. The mounting pressure to achieve global decarbonization and Russia’s invasion of Ukraine will continue to disrupt the power and energy sector. Investments in renewable energy will increase, with annual installation rates continuing to hit record levels, despite short-term supply chain challenges.
• What are new service offerings and advancements in virtual power plant solutions?
• What are the key drivers behind the increasing investment in renewables to power electrolyzers and support the expansion of the hydrogen economy?
• How do advancements in energy storage propositions align with the growing need for sustainable energy solutions and the overall transition towards a low-carbon economy?
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