Power Industry Top 20 Themes Predictions for 2023 – Thematic Intelligence

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

$995
Buy Report View Sample

Published: December 28, 2022 Report Code: GDPE-TR-S055-TH

Select Item

Power Industry Top Themes Predictions Overview

The major technology themes impacting the power sector in 2023 will be artificial intelligence (AI), big data, blockchain, cybersecurity, cloud computing, the Internet of Things (IoT), virtual and augmented reality (VR and AR), electric vehicles (EVs), smart grid, robotics, and drones, while the major macroeconomic themes impacting the power sector 2023 will be geopolitics and environmental, social, and governance (ESG). Furthermore, the major industry themes impacting the power sector in 2023 will be renewable energy, energy transition, energy storage, distributed generation, carbon emissions, predictive maintenance, and hydrogen.

The power predictions 2023 thematic intelligence report identifies the top 20 themes that will impact the power sector in 2023. For each theme, the report offers a series of predictions and identifies leaders and laggards.

Power Industry Top Themes – 2023

Power Industry Top Themes - 2023

For more insights on top themes that will impact the power sector in 2023, download a free report sample

Artificial Intelligence

AI is a software-based system that uses data inputs to make decisions on its own. AI is proving its value in multiple areas and is driving measurable improvements in renewable energy forecasting, grid operations and optimization, the coordination of distributed energy assets, and demand-side management. It will play a major role in the enhancement of asset optimization and customer segmentation in 2023, and the implementation of AI in the power sector will benefit data digitalization, smart forecasting, resource management, failure prevention, and predictive analytics for renewables. AI technology can process large quantities of data, predict the likely outcomes (predictive AI), and assist in making decisions on actions to be taken that will have an impact on emission levels, and can help advance the energy transition to net zero

For more insights on the impact of AI on the power sector in 2023, download a free report sample

Cloud Computing

Cloud computing applications will have added advantages in the power industry. The technology’s importance has grown significantly and enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand IT environment. The adoption of cloud technology in the power industry will help to analyze electric consumption patterns, and design products and services aligned with the customer requirements. It will reduce costs by enabling distributed automation to capture and understand patterns and opportunities for optimization. Power utilities will be able to remotely monitor assets using internet-connected sensors transmitting data to the cloud through IoT technology. The adoption of cloud computing will also help energy companies save money on maintenance costs.

For more insights on the impact of cloud computing on the power sector in 2023, download a free report sample

Virtual and Augmented Reality

Digital transformation is expanding its footprints in the electrical utility industry through the installation of smart devices such as smart meters. At the same time, digital applications are constantly being upgraded to improve services and assets along with workers’ safety. Digitized maintenance and inspection have resulted in the rise of augmented reality (AR), which is an interactive 3D view allowing the user to see the real world overlaid with a layer of digital content. The adoption of AR in the electrical industry will enable precise location, depth, and identification of utility assets before undergoing inspection, maintenance, and repair activities. Digitized maintenance enabled by augmented reality will facilitate cutting-edge abilities that include identifying exact work locations without risk, locating assets within underground systems, reviewing installation status and maintenance updates, and communicating and collaborating in real time.

For more insights on the impact of VR and AR on the power sector in 2023, download a free report sample

Top Themes Impacting Power Industry in 2023

Major Technology Themes Artificial Intelligence (AI), Big Data, Blockchain, Cybersecurity, Cloud Computing, The Internet of Things (IoT), Virtual and Augmented Reality (VR And AR), Electric Vehicles (EVs), Smart Grid, Robotics, and Drones
Major Macroeconomic Themes Geopolitics and Environmental, Social, and Governance (ESG)
Major Industry Themes Renewable Energy, Energy Transition, Energy Storage, Distributed Generation, Carbon Emissions, Predictive Maintenance, and Hydrogen

Scope

  • The report covers the top 20 themes that would impact the power industry in 2023.

  • It provides predictions with respect to technology theme, macroeconomic theme and industry theme in the power sector.

  • The report covers the top themes that includes artificial intelligence, big data, blockchain, cybersecurity, the internet of things, virtual and augmented reality, electric vehicles, smart grid, robotics, drones, geopolitics, ESG, renewable energy, energy transition, energy storage, distributed generation, carbon emissions, predictive maintenance, and hydrogen.

  • It provides an overview of deal trends, published patents and job trends for each theme.

  • The report identifies winners and losers with respect to themes of power predictions 2023.

Reasons to Buy

  • An overview of the top 20 themes that will impact the power sector in 2023.

  • Predictions about technology themes such as artificial intelligence, big data, blockchain, cybersecurity, cloud computing, the internet of things, virtual and augmented reality, electric vehicles, smart grid, robotics and drones.

  • Power predictions on macroeconomic themes such as geopolitics and ESG impacting power utilities.

  • Predictions on industry themes such as renewable energy, energy transition, energy storage, distributed generation, carbon emissions, predictive maintenance and hydrogen.

  • Insight to thematic research ecosystem-an integrated global research platform for an easy-to-use framework to track all themes and its impact on the power sector.

  • An outlook on how each theme will make a significant impact on power utilities in terms of application and investment.

Dominion Energy
Dubai Electricity and Water Authority (DEWA)
Duke Energy
E.ON
Électricité de France SA
Exelon Corporation
Iberdrola SA
NextEra Energy Inc
Southern Company
CentrePoint Energy
Enel SpA
General Electric
Siemens AG
Engie SA
Fortum Corporation
ABB
BMW
BP
BYD
Nissan
Tesla
Xcel Energy
Hydro-Quebec
Vattenfall
AES Corporation
ACWA Power
Contemporary Amperex Technology Ltd
EDF Renewables SA
Korea Electric Power Corporation
Schneider Electric
Eaton Corporation
GE Grid Solutions
NRG Energy
China Huaneng Group
Cummins
Uniper

Table of Contents

| Table of Contents

1. Executive Summary 3

2. 2023 Theme Map 4

3. Artificial Intelligence 5

4. Big Data 6

5. Blockchain 7

6. Cybersecurity 8

7. Cloud Computing 9

8. The Internet of Things 10

9. Virtual and Augmented Reality 11

10. Electric Vehicles 12

11. Smart Grid 13

12. Robotics 14

13. Drones 15

14. Geopolitics 16

15. ESG 17

16. Renewable Energy 18

17. Energy Transition 19

18. Energy Storage 20

19. Distributed Generation 21

20. Carbon Emissions 22

21. Predictive Maintenance 23

22. Hydrogen 24

23. Glossary 25

24. Further Reading 27

25. Our Thematic Research Methodology 29

26. About GlobalData 31

| Contact Us 32

Frequently asked questions

Power Industry Top 20 Themes Predictions for 2023 – Thematic Intelligence thematic reports
Currency USD
$995

Can be used by individual purchaser only

Most Popular
$1,495

Can be shared by unlimited users within one corporate location e.g. a regional office

$1,995

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Add to Basket

Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Power Industry Top 20 Themes Predictions for 2023 – Thematic Intelligence was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

 Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

 Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

 Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

 Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

 Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

 Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

 Senior Account Manager, TSYS

Related reports

View more Power reports
Power
New
Mexico Biopower Market Analysis by Size, Installed Capacity, Power Generation,…
$2,500 | November 2023
Power
New
Battery Energy Storage Market Size, Share and Trends Analysis by…
$3,995 | November 2023
Power
New
South Africa Nuclear Power Market Analysis by Size, Installed Capacity,…
$995 | October 2023
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Power Industry Top 20 Themes Predictions for 2023 – Thematic Intelligence in real time.

  • Access a live Power Industry Top 20 Themes Predictions for 2023 – Thematic Intelligence dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.
Tell me more