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GlobalData

Power

South Africa power supply security to rely on gas-based capacity and renewables to replace coal with low power market growth expected to 2035, says GlobalData

The South Africa power market cumulative installed capacity was 64.5 GW in 2021 and is expected to grow at a low compound annual growth rate (CAGR) of over 1% from 2021 to 2035, with the proportion of gas-based capacity and renewable power expected to grow rapidly during the same period, according to GlobalData, a leading […]
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Substantial investments are required to meet Austria’s 2030 target of 100% renewable electricity generation, says GlobalData

The Austrian government has been actively encouraging the use of renewable sources for energy generation to help reduce the country’s dependence on fossil fuels, notes GlobalData, a leading data and analytics company. Austria’s recently submitted National Energy and Climate Plan (NECP) 2021-2030 focuses on the decarbonization and energy efficiency dimensions and related policies. Attaurrahman Ojindaram […]
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Nomura and Rothschild & Co were the top M&A financial advisers by value and volume in the power sector for Q1 2022, finds GlobalData

Nomura and Rothschild & Co have been identified as the top M&A financial advisers in the power sector in Q1 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData. The leading data and analytics company’s Financial Deals Database reveals that Nomura achieved the top ranking by value by […]
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Augmented reality will soon become a gamechanger in the energy sector as it brings significant cost and time savings, says GlobalData

As augmented reality (AR) technology continues to improve, it will become a gamechanger for utilities companies, bringing them significant cost and time savings.  As a result of this, it continues to be a source of investment for companies in the energy and utilities sector, says GlobalData. The leading data and analytics company notes that AR […]
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APAC to lead global battery energy storage market with 68% value share through 2026, forecasts GlobalData

The Asia-Pacific (APAC) region is set to lead the global battery energy storage market, accounting for 68% of the global market value, through 2026. China, Japan, India, South Korea and Australia will propel the regional market, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Battery Energy Storage Market Size, Share and Trends […]
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Slovakia’s energy supply will continue to depend on Nuclear power which is set to account for 65% of the country’s electricity needs by 2035, says GlobalData

Nuclear power, which currently accounts for over 50% of Slovakia’s total power generation will maintain its dominance of the country’s energy mix over the next decade, as it continues to be a net importer of electricity and thermal fuels, according to GlobalData. The leading data and analytics company expects nuclear power to account for 64.9% […]
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