Power

Power

China houses five of top ten mega capacity coal power plants globally, says GlobalData

While renewable energy is improving its share in the global power generation mix at a faster pace, coal still accounts for the majority of the world’s electricity. Against this backdrop, five of the top ten coal-fired power plants in the world by active capacity in 2018 were from China, according to GlobalData, a leading data […]

Power, Press Release

Electric vehicles pick up at a rapid pace with five million on the road worldwide

We are at the very beginning of the era of electric vehicles (EVs). Today, there are five million EVs on the world’s roads, which is up two million from 2018. China is in the leading position, in terms of the largest EV market, followed by Europe and the US. However, large-scale commercial production of EVs […]

Power

Global wind power market to reach $124.6bn by 2030 as offshore development continues growth momentum, says GlobalData

Global wind power market size increased from $71.6bn in 2010 to $96.4bn in 2018. During the 2019–2030 forecast period, significant capacity additions in the Asia-Pacific (APAC) region are expected to drive that market, increasing the market size to $124.6bn by 2030, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Wind […]

Power

Global distribution transformers market expected to witness strong growth over next four years, says GlobalData

The global distribution transformers market is estimated to grow at a compound annual growth rate (CAGR) of 2.25% over the forecast period (2019–2023) to reach $15.36bn in 2023, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Distribution Transformers Market, Update 2019, reveals that market growth can be attributed to government initiatives, evolving market […]

Power, Press Release

EDF’s acquisition of Pivot Power to strengthen its position in the UK storage market

Following the recent news (Monday 4th November) regarding EDF’S acquisition of Pivot Power; Nirushan Rajasekaram, Power Analyst at GlobalData, a leading data and analytics company, offers his views on the news: “The purchase of Pivot Power is part of EDF’s strategy to become a market leader in the charging infrastructure and storage space. In March 2018, […]

Power

China owns four of top ten highest installed capacity hydropower plants globally

More than 18% of global electricity generation capacity comes from hydropower plants, and represents over 16% of the world’s power generation. According to leading data and analytics company GlobalData, the global hydropower power market is likely to grow at a Compound Annual Growth Rate (CAGR) of 2.4% until 2030, reaching over 165 gigawatts (GW) of […]

Power

Indonesia owns four of top ten highest active capacity geothermal plants globally

Still far from achieving commercialization, geothermal energy presents the advantage of constant availability compared to other renewable sources such as wind or solar. Geothermal energy capacity registered meager growth at a compound annual growth rate (CAGR) of 3.2% from 2000 until 2018. Barriers to the sector’s growth have been an unfavorable policy regime, lack of […]

Power

Global air quality control systems market projected strong growth between 2019 and 2023

The global air quality control systems (AQCS) market is expected to grow at a compound annual growth rate (CAGR) of 12.9% between 2019 and 2023 to reach $4.1bn in 2023, largely driven by the market in China. Although a global slowdown in capacity additions is expected, retrofitting existing assets and new capacity additions in emerging […]

Power

Sempra Energy’s divesture of assets in Chile positive step to focus on core North American market

Sempra Energy, one of the largest utilities by consumer base in the US, with reported revenues of $11.6bn in 2018, has sold its 100% stake in Chilquinta Energía, 100% stake in Tecnored S.A. and its 50% stake in Eletrans S.A. to State Grid International Development Limited (SGID) for $2.23bn, influenced by realizable business opportunities, progressive […]

Power

Wind and solar with battery storage to ease energy transition in Australia, says GlobalData

The growth of variable renewable energy and distributed energy resources has changed the market dynamics of the electricity system in Australia. To meet the increasing demand of the power in the country and have an uninterrupted power supply, the stakeholders prefer battery-backed wind and solar farms. The share of renewable energy in the country had […]

Power

Competitive UK power retail market hits consolidation phase as Brexit uncertainty increases

Regulatory headwinds, increasing competition, growth in renewables and investors’ uncertainty towards the Brexit outcome has resulted in the UK power market experiencing a major change. The ballooning of small players in the power retail business has created intense competition, leading to changes in the market landscape and dynamics, says GlobalData, a leading data and analytics […]

Power

Subsidy-free solar plants such as EnBW’s to play a key role in supporting Germany to meet its 2030 target, says GlobalData

Following the announcement that Energie Baden-Württemberg (EnBW) is planning to build the largest subsidy-free solar plant in Germany; Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view: “Under the zero-subsidy mechanism, power generated from EnBW’s 180 megawatt (MW) plant will be sold in the wholesale market instead of a […]

Power

Global solar photovoltaic capacity expected to exceed 1,500GW by 2030, says GlobalData

Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatt (GW) in 2019 to 1,582.9GW in 2030 following significant capacity additions by China, India, Germany, the US and Japan, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Solar Photovoltaic (PV) Market, Update 2019 – Global Market Size, […]

Power

Afghanistan’s energy sector will be transformed by World Bank spurring private investments

The World Bank Group’s announcement of a $98.8m financial package to support the development of two gas-to-power energy projects – Sheberghan Phase 1 (40 megawatts (MW) and Mazar-e-Sharif (58.6MW) – in Afghanistan, will be crucial in addressing the key challenges within the country’s energy sector, says GlobalData, a leading data and analytics company. Afghanistan has […]

Power

Predictive maintenance becoming integral to power sector as it enhances safety and productivity

Predictive maintenance is becoming integral to the power sector as it extends the operational life of field equipment and infrastructure in order to improve organizational profitability, while also enhancing safety and productivity. Therefore, a number of power companies have begun implementing the tools across the operational value chain, including operations and maintenance (O&M), power generation, […]

Power

Renewable power to boost energy security in Ukraine until 2030, says GlobalData

Renewable installed capacity in Ukraine is set to grow at 15.6% compound annual growth rate (CAGR) to reach 13.8GW in 2030 from 2.8GW in 2019. This increase in renewable energy capacity is expected to boost energy supply security in the country in the near future, says GlobalData, a leading data and analytics company. Ukraine is […]

Power

Power utilities are betting on robotics to enhance operations

Robots and drones now play a crucial role in the power utilities space as companies are increasingly using robotics to handle the inspection of risky, time-consuming, and hard to reach assets, as well as maintaining those assets and improving their operations, says GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Thematic Research: Robotics […]

Power, Press Release

Onshore and offshore installations of wind turbine towers to grow by 0.8% and 23.9% to 2023

The wind turbine towers market is expected to grow at a compound annual growth rate (CAGR) of 2.9% between 2019 and 2023. Favorable government policies and growing environmental concerns are underscoring the growth in the wind power market, according to GlobalData, a leading data and analytics company. During the forecast period the onshore market will […]

Power, Press Release

German wind industry loses momentum as onshore wind auction fails to attract investors

Following the announcement that the onshore wind power market in Germany has awarded only 187 megawatt (MW) of new onshore wind capacity against 500 MW that was available in the September auction; Mohit Prasad, Project Manager at GlobalData, a leading data and analytics company, offers his view: “The flawed auction design and difficulties in obtaining […]

Power, Press Release

Utility-linked smart thermostats to account for 36% of $75bn automated home market by 2025

The automated home market exceeded $23bn in 2018 and is expected to reach $75bn by 2025, at an impressive compound annual growth rate (CAGR) of 18%, according to GlobalData, a leading data and analytics company. GlobalData’s latest theme report, ‘Thematic Research: Automated Home and Utilities’, states that growth will mostly be driven by smart thermostats, […]

Prev 1 … 20 21 22 23 Next

China houses five of top ten mega capacity coal power plants globally, says GlobalData

Electric vehicles pick up at a rapid pace with five million on the road worldwide

Global wind power market to reach $124.6bn by 2030 as offshore development continues growth momentum, says GlobalData

Global distribution transformers market expected to witness strong growth over next four years, says GlobalData

EDF’s acquisition of Pivot Power to strengthen its position in the UK storage market

China owns four of top ten highest installed capacity hydropower plants globally

Indonesia owns four of top ten highest active capacity geothermal plants globally

Global air quality control systems market projected strong growth between 2019 and 2023

Sempra Energy’s divesture of assets in Chile positive step to focus on core North American market

Wind and solar with battery storage to ease energy transition in Australia, says GlobalData

Competitive UK power retail market hits consolidation phase as Brexit uncertainty increases

Subsidy-free solar plants such as EnBW’s to play a key role in supporting Germany to meet its 2030 target, says GlobalData

Global solar photovoltaic capacity expected to exceed 1,500GW by 2030, says GlobalData

Afghanistan’s energy sector will be transformed by World Bank spurring private investments

Predictive maintenance becoming integral to power sector as it enhances safety and productivity

Renewable power to boost energy security in Ukraine until 2030, says GlobalData

Power utilities are betting on robotics to enhance operations

Onshore and offshore installations of wind turbine towers to grow by 0.8% and 23.9% to 2023

German wind industry loses momentum as onshore wind auction fails to attract investors

Utility-linked smart thermostats to account for 36% of $75bn automated home market by 2025

Browse

Company information