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GlobalData
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Energy

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Investment in electricity network expansion crucial for Argentina to avoid another power disruption

Following the massive power disruption that crippled the Argentinian power systems, Ankit Mathur, Practice Head of Power at GlobalData, a leading data and analytics company, offers his view on Argentina’s power industry: “The power outage uncovered the decrepit state of power infrastructure in Argentina and with an increasing population and urbanization the power demand is […]
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Global smart meters market set to reach US$7.06bn in 2023

The global smart meters market is estimated to be worth US$7.06bn in 2023, increasing from US$5.8bn in 2018, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘Smart Meters, Update 2019 – Global Market Size, Competitive Landscape and Key Country Analysis to 2023’ reveals that this growth will be driven by evolving information […]
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High value UK portfolios being generated through unwanted late-life fields and redevelopment projects

A number of Exploration and Production companies (E&Ps) have entered the offshore UK sector and created portfolios with above average remaining Net Present Value (NPV)/barrel of oil equivalent (boe) through project redevelopments and asset acquisitions, says GlobalData, a leading data and analytics company. The company’s latest research reveals that recent entrant companies including Tailwind Energy, […]
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Exploration opportunities in the Americas increasing in Q2 2019

Licensing opportunities are increasing in the Americas as Brazil, Canada, and the US launch licensing rounds scheduled to close within 2019, according to GlobalData, a leading data and analytics company. Brazil’s Transfer of Rights Production Sharing Round is open and is expected to generate substantial interest, offering significant discovered pre-salt volumes. In addition, Argentina, Brazil, […]
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Renewable Power Capacity to increase by 14.7 GW in Argentina during 2019–2030

Renewable power capacity (excluding small hydropower) in Argentina is expected to show a significant growth rate, registering a Compound Annual Growth Rate (CAGR) of 17.8% during 2019-2030. Renewable installations sector will increase by 14.7 GW in order to meet the increasing demand, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Argentina […]
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APAC countries shifting towards sustainable environment by implementing renewable energy auctions

Asia Pacific (APAC) countries are adopting several strategies and roadmaps to achieve the renewable energy target designated by their nations. Countries such as India, Kazakhstan, Indonesia, Pakistan and Taiwan have implemented auctions to drive their renewable energy market, according to GlobalData, a leading data and analytics company. The company’s latest report ‘Asia Pacific Renewable Energy […]
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Siemens to spin-off power and gas division as investment in thermal power set to decline to $95.6bn in 2025

Following the recent announcement by Siemens to spin-off its Power and Gas business, Harminder Singh, Director of Power at GlobalData, a leading data and analytics company, offers his view on the implications of this for the industry: “Siemens’ latest decision and a similar reorganization announced by GE last year are indicators to the continuing nature […]
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Nigeria dominates crude production outlook from greenfield projects in sub-Saharan Africa over next six years

Nigeria will contribute 46% of sub-Saharan Africa’s total crude production from planned and announced projects (greenfield projects) in 2025, according to GlobalData, a leading data and analytics company. The company’s report: ‘H1 2019 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Sub-Saharan Africa – Nigeria Dominates Crude Production and Capex […]
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Russia will contribute 47% of Former Soviet Union’s new-build gas processing capacity growth by 2023

Russia will drive growth in Former Soviet Union’s (FSU) gas processing industry from planned and announced plants between 2019 and 2023, contributing around 6,531 mmcfd of the FSU’s total gas processing capacity additions, according to GlobalData, a leading data and analytics company. The company’s report: ‘Gas Processing Industry Outlook in Former Soviet Union to 2023 […]
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