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energy sector

Gearing Up for Digitization in the German Energy Sector

Although it is common in several industries to perceive digitization as a threat, it does not hold true for the energy sector. Energy industry experts believe that digitalization could prove key in addressing several pressing challenges in Germany’s energy sector. In Germany, power consumption is poised to increase due to the electrification of transport, heating, and the rise in industrial processes. Furthermore, the share of renewable energy derived is also on the rise. Even if energy efficiency grows in Germany’s energy sector, the demand for electrical power is expected to grow. Moreover, Additionally, Germany will have to electrify more industrial processes to ensure that the country’s ambitious targets to reduce the emission of greenhouse gases are met. This could considerably increase the demand for power in the region.

Consequently, this results in the power supply become highly volatile in the region and making it challenging to manage and balance the power system. Experts at Infiniti Research believe that digitization can act as a catalyst to combat such challenges and prepare the German energy sector for the future.

With energy-efficiency standards in Europe set higher than in several other regions, European energy sector companies are in a strong position to make large energy-cost savings and innovate lucrative new markets in energy-efficient technologies and services, attracting worldwide demand. Request a free proposal to know how we can help your business capitalize on the right opportunities.

energy sectorHandle growing complexity

The way power is produced and distributed is largely changing. Although renewable energy is an effective way to produce energy, they cause increasing volatility and complexity. Also, there is an increase in the number of players at both ends of the power line. Using digital platforms, the energy sector can handle these complexities and promote new forms of collaborations and encourage better trading relations.

Matching demand and supply

Power consumption is commonly a linear process. However, this pattern is set to change with smart power-consuming devices. Smart power consumption devices are constantly connected and leverage the internet in order to transmit information end-to-end. The information available can make smart devices to enhance their performance by optimizing their own consumption. This helps balances the overall power load.

We help companies in the energy sector identify profitable business opportunities and help devise turnkey solutions to overcome critical business roadblocks. Request a free brochure for more insights on our services.

Managing surplus power

The ongoing decentralization of power generation in the energy sector will result in surplus power being generated. This energy must be put to immediate use or must be stored. The growing surpluses can be handled by creating heat, producing synthesized heat, storing in batteries, using smart consumption to match peaks in supply, or through smart distribution that can be enabled through digital platforms.

Complexities in the energy sector hurting your profits. Get in touch with an expert and learn how we can help you combat your key business challenges.

clean energy

Five Clean Energy Trends that Could Transform the Energy Sector in 2020

The recent breakthroughs in natural-gas extraction is a classic example of the sheer speed with which game-changing technologies are transforming the energy industry. With rising environmental concerns and clean energy becoming a necessity than ever before, we can expect to see several groundbreaking clean energy trends over the next couple of years. This article describes some of the key clean energy trends that could revolutionize the energy sector. While not all of these clean energy trends may succeed in the long-run, even if a few of them pan out they could bring considerable changes to the energy landscape. Furthermore, it is also possible that the development of energy technologies is approaching a tipping point that will generate increases in energy productivity on a scale not seen since the Industrial Revolution.

Want to know more about how the energy sector is transforming? Request a free proposal to gain more insights from our experts.

Clean energy trends 2020

clean energyDigital power conversion

Large-scale high voltage transformers that were developed in the 1880s lead to the widespread development of the electrical grid, virtually the same technology continues to be used today. High-speed digital switches that are composed of silicon carbide and gallium nitride have been developed for high-frequency power management in military jets to high-speed rail. They are known to be highly energy-efficient and take up only about 1 percent as much space and are more reliable and flexible than the existing transformers. Today’s advanced applications include consumer electronics and variable-speed industrial drives for manufacturing. As such applications expand and the major semiconductor manufacturers begin to produce these technologies at scale, they could replace conventional transformers in the utility industry by 2020. China is particularly well positioned to reap the benefits of adopting digital-power electronics because of the scale of its planned grid expansion.

Blockchain networks

Blockchain technology would enable the buy and sell of clean energy at optimal times and will largely be driven by IoT and related technologies. This can play an integral role in boosting the performance of energy saving devices. This is a type of peer to peer network that effectively allows customers to trade energy. This may be done through the energy company itself, or even from customer to customer. Either way, this means that the majority of firms will need to capitalize on this emerging market. This can all be done in real-time settings and with the transparency that the blockchain network provides may prove to be beneficial to both businesses and their customers.

Leaders of companies and countries who neglect what is happening on the margins today risk being pushed to the margins themselves in the not-too-distant future.

Clean coal

Such clean energy trends could help coal-fired generators to capture majority of their carbon-di-oxide at a much lesser cost. The viability of this technology could also prevent the closure of several coal plants in the coming years. The same is applicable to plants situated even in China and Europe. However, this cannot be made a reality and be expanded at scale without supportive carbon regulations.

It may prove challenging for energy industry companies to rapidly changeover to clean energy sources, and to ensure successful transition organizations must be prepared to beat the hurdles. Get in touch with our experts to know how we can help you overcome major roadblocks in the energy sector.

Biofuels and electro fuels

With crude-oil prices skyrocketing, market shares for biofuels such as cane and corn ethanol are rising rapidly. Although second-generation cellulosic biofuels have proved harder to make than many had hoped five years ago, innovative start-ups focused on cellulosic and algae-based biofuels are starting to create high-margin specialty chemicals and blendstocks, generating cash now and suggesting a pathway to deliver biofuels at much cheaper rates in the next couple of years. Furthermore, biopharmaceutical researchers are developing electro fuel pathways that feed carbon dioxide, water, and energy to enzymes to create long-chain carbon molecules that function like fossil fuels at one-tenth the cost of current biofuels.

Learn more about Infiniti’s solutions for the energy industry.

renewable energy trends

2019’s Biggest Renewable Energy Trends

This year seems to be extremely promising for the renewable energy sector. With an increasing number of nations and organizations embracing sustainable techniques for energy generation, new renewable energy trends are bound to gain momentum. In fact, renewables are now a mainstream option in the power sector in nearly all parts of the world. Renewable energy technologies have also proven to be reliable and now provide the lowest-cost power generation options in many situations. Based on the global trends in renewable energy, our industry experts have curated some of the biggest renewable energy trends that are likely to make an impact in 2019.

Don’t just keep up with the renewable energy trends, stay ahead of them. Request a free proposal to know how our experts can help you strategize for opportunities and challenges in the energy industry.

Renewable energy trends

renewable energy trendsEnergy storage

One of the key renewable energy trends that are increasingly gaining popularity right now is energy storage. It plays a vital role in balancing the demand and supply of power and also has the power to tackle intermittency issues of renewable energy. By pairing a storage system with a renewable energy source, smooth and steady power supply can be ensured even when the weather conditions are not optimal for energy generation. Batteries are the most common storage devices used in renewable energy systems. The use of these devices is seeing an increasing trend on both residential as well as commercial level.

Deployment of microgrids

Microgrids are local energy grids that have the power to operate either autonomously or when connected to a larger traditional grid. Such renewable energy industry trends are extremely favored due to their ability to offer energy independence, efficiency, and protection during emergencies. Furthermore, artificial intelligence and machine learning capabilities can be used with microgrid controllers for continuous improvement of operations.

Get in touch with our experts to know more about our solutions for companies in the energy sector.

Grid parity and declining costs

Grid parity occurs when an alternative energy source can generate power at a cost and performance level that is equal to or lesser than electricity generated from conventional methods. Solar and wind energy have reached parity in both price and performance in many regions, and new technologies continue to optimize their competitive edge. Moreover, traditional models of large, top-down and centrally distributed energy production are being replaced by renewable energy trends that are modular, consumer-driven and evenly distributed power generation.

Renewable energy trends in developing countries

When talking about exciting new renewable energy trends and innovations, we often overlook the fact that a significant percentage of the world’s population remains without access to energy at all.  While some have unreliable or prohibitively expensive energy sources, others remain without access to energy at all. Although politics often stand in the way of progress, new energy technologies and commitments to promote renewable energy trends from international groups like the World Bank are laying a foundation for providing energy access to developing countries. With their ever-improving cost and performance metrics, we can expect to see renewable energy trends and innovations increasingly deployed to provide power to developing nations.

Learn more about renewable energy trends and how they can impact your business

Pharmaceutical Industry

Market Segmentation: Defining a New Strategy for a Leading Player in the Power Market

Despite the encouraging growth trajectory in the global power market, several power companies have not been able to induce and sustain the required capacity addition to match the ever-growing demand.

The global power market is undergoing a massive transformation, which arguably, together with the emergence of technologies such as AI and IoT will redefine the way businesses function in the coming decades. In the power market, this drastic transformation is being driven at one end by the increasing need to power a growing society in a way that it makes sense for the environment. However, at the other end, this transformation is fueled by the rapid technological innovations and developments that help in sourcing and storing energy from several sources.

Challenges in the global power market vary by region and the adopted utility model, but a few major pain points that are expected to wreak havoc in this segment include – the rise in distributed power generation, the global shift towards energy efficiency, a change in resource mix, and negative demand growth in specific market segments. In the light of such realities, the global power market is expected to face a range of short-term challenges; thereby, driving the need to redefine business models.

The Business Challenge

  • The client: A power company

To improve their profitability and competitiveness, the client – a multinational power company – approached Infiniti to engage in a market segmentation study. The B2B power company wanted to identify and target the right market segment in order to maximize customer retention, brand recall, brand equity, communications, and competitiveness.

The client wanted to conduct a market segmentation study to gain strategic insights into the global power market. Their primary objective was to identify the appropriate segments and develop specific services, products, and marketing campaigns that address the needs of the particular segments. At the same time, by focusing on the needs of the most profitable market segment, the power company wanted to enhance customer retention.

How Our Market Segmentation Solutions Help Companies in the Power Market?

An effective market segmentation study requires a detailed understanding of the market landscape and the skilled art of finding and grouping the appropriate segments.  With vast experience in power market segmentation, our experts help you to gain insights into the global power industry’s landscape.

Several power companies shape their market segmentation strategies using the outcome of market analysis and market research. However, market segmentation requires more ‘art’ and ‘skill’ rather than market research. With years of experience in market research, our experts help you uncover underlying market segments and their characteristics to drive business value.

Summary of our market segmentation engagement

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Client Journey

Infiniti’s market segmentation engagement helped the power company to enhance profitability by effectively segmenting the market into sub-divisions. The market segmentation study also helped them accomplish three main goals – identify segments that had the highest potential to drive profitability, identify segments that were interested in procuring value-added services, and develop new strategies to enhance customer retention.

Furthermore, to help the client assess the market landscape and identify imminent market trends, the market research experts at Infiniti conducted a market segmentation study that offered valuable insights on decision-making procedures, market trends, and barriers. The approach included primary and secondary research methodologies coupled with qualitative and quantitative data collection procedures. The experts also reached out to various stakeholders in the power market.

Solution Benefits and the Business Impact

Infiniti’s market research experts offered end-to-end solutions that helped power company to better understand the market’s dynamics. In addition, the market segmentation study helped in the identification of new white spaces for products and service offerings. The client also gained detailed insights into the power market, which enabled them to optimize their customer acquisition and retention strategies.

The Future

In today’s competitive market landscape, businesses across sectors are expected to face unprecedented future challenges owing to the high capital costs and stringent regulations. Arguably, this pressure is more on the global power market, which is being influenced not only by the corporate mandates and imperatives for maintaining cost efficiency but also by several geopolitical and macroeconomic factors.

As the power market arrives at this crossroads, companies operating in this sector will have to make a series of difficult decisions. To do so, the power companies will have to focus more on sustainable development than in the past, by considering factors such as – economic, social, and technological advancements. To answer several such questions effectively companies will have to consider the most likely future scenario and consider the implications of each of the scenario on the overall business value.


A must-read case study for strategy specialists and decision makers looking to develop an understanding of the global power market.

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Power Supplier Identifies Niche Market Segments with the Help of Market Intelligence Solutions

Market Intelligence for Power CompanyLONDON: Infiniti Research, a global market intelligence solutions provider, has announced the completion of their latest market intelligence solution for a renowned power supplier client. Developing economies like India have continuously supported renewable energy to cater the rising power demands. The growth of the power market is driven by rising decentralization, digitization, and growing need to decarbonize electricity generation.

“Market intelligence solutions enable power suppliers to identify the niche and lucrative market segments and accordingly customize offerings and marketing efforts around the customer’s needs. Additionally, it also assists the suppliers to identify key competitors in the Indian power market to help them devise an effective marketing strategy.,” says an expert at Infiniti Research.

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The market intelligence solution offered helped the power supplier client to gain detailed information in the growth of the Indian power market helping them identify newer ways to increase profits and market share. Also, the solution offered insights into the existing market condition to minimize the risk of investments and penetrate the niche segments.

Additional benefits of the market intelligence solution

  • Identify niche and profitable market segments
  • Offers insights into market size, substitute products, and competitor analysis

 

 

To know more about how our market intelligence solutions helped the power supplier client

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IR22

Pros and Cons of Nuclear Energy You Should Know

The origins of nuclear energy can be traced back to 1932 when physicist Ernest Rutherford discovered that immense amount of energy was released when lithium ions were split by protons from a proton accelerator. After subsequent discoveries from Niels Bohr and Albert Einstein, nuclear energy was able to power nuclear reactor for energy generation. Today, uranium, a common element in the Earth’s crust, is the element of choice for conducting nuclear fission for generating electricity. Going by today’s consumption rate of the element, numerous studies estimate the IR_Brochurereserves to last for another 200 years’ worth of supply. Nuclear energy is distinct from any other source of energy and has its own sets of pros and cons.

Advantages of nuclear energy

Continuous electricity generation

Nuclear power unlike other sources of energy is independent of natural conditions. For instance, solar and wind energy is highly dependent on hours of sunlight or wind which doesn’t usually coincide with fluctuating energy demands. A nuclear power plant is generating electricity about 90% of the annual time which is relatively high compared to other forms of renewable energy. In comparison, natural gas generates an average electricity of 50% of the annual time, while coal and wind produce energy at almost 51% and 32% respectively.

Output efficiency

A significant advantage of using nuclear power over fossil fuel is the relatively low amount of fuel it is required to produce an equivalent amount of energy. The cost of nuclear fuel, i.e., uranium, accounts for only 20% of the cost of electricity generated. Such high levels of efficiency also make it easier in transportation, handling, and extraction of nuclear fuel and subsequently reduces the overall costs in the supply chain.

Clean source of energy

The only byproduct generated out of a nuclear power plant is used uranium which is safely stored in pools or concrete containers. Unlike other fossil fuel source, it does not emit CO2 causing air pollution and acid rain. Of all the clean energy sources like wind, solar, and hydro, nuclear power is the most significant source of clean-energy generation in the US contributing to 64% of the total output.

Disadvantages of nuclear energy

Radioactive waste

The radioactive waste generated as a byproduct of nuclear power is hazardous and has to be carefully stored and monitored for several thousand years. Although high-security standard is maintained to store this waste effectively, accidents can still happen with deadly consequences for both humans and nature. A nuclear or radiation accident such as Fukushima Daiichi nuclear disaster, Chernobyl disaster, and Three Mile Island accident have posed serious questions to the safety of nuclear energy.

High capital investment

Capital Investment

Although the fuel source of nuclear power, uranium, is relatively low, the cost of electricity is significantly driven by the high rate of initial investment for constructing a nuclear plant. So nuclear plant will have to run for a number of years in order to recoup the initial investment. Additionally, nuclear plants also have a limited life; after expiry, they have to be dismantled. The construction time for a nuclear power plant usually takes 4-5 years with a payback period of over 30 years which is relatively high considering other source of energy.

Fuel availability

Fossil fuels can be mined in many parts of the world, which is not particularly accurate for uranium, which is a very scarce resource. Only a handful of countries have uranium ores, and getting the approval from several international authorities is a tiresome process before building a nuclear power plant. As a result, not many countries can depend on nuclear energy to fulfill the energy demand.

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Top Five Utility Companies Powering the Electricity Demands of the World

Today, electricity is a vital part of our everyday lives, right from powering big houses and corporations to small mobile phones, which are an integral part of our lives. Every utility company plays a significant role in supplying the power from the source to individual houses using the grid system. The costs incurred while building such an infrastructure is insanely high. As a result of such high costs, many developing nations are facing the issue of power shortage as they cannot adequately invest in the infrastructure. However, in the developed parts of the world, utility companies have set up massive infrastructure that distributes power to millions of households. It comes as noIR_Brochure surprise that the utility company from these nations are some of the biggest in the world. Here is a list of top utility companies in the world.

Duke Energy

Duke Energy Corporation, headquartered in Charlotte, North Carolina, is one of the largest electric power holding company, not only in the US but also in the world. Its utility business unit provides electricity access to 7.4 million retail electric customers in Southeast and Midwest regions with a total capacity of a massive 57,700 MW. The utility company derives electricity from sources such as coal, natural gas, and oil. Their service territory covers 270,000 km of land with 402,700 km of distribution lines. The company reported revenues of $22.74 billion for the year 2016.

Engie

Engie, previously known as GDF Suez, is a French multinational utility company which operates in the field of electricity generation and distribution, nuclear energy, natural gas, and renewable energy. In 2008, the company broke the state monopoly and de-emphasized its historical role as a nationalized gas monopoly. In 2016, the company generated revenues of €66.66 billion by employing over 154,950 employees. In a bid to promote low-carbon distributed energy the company announced its decision to stop new investments in coal plants in the year 2015.

National Grid

National Grid is a British multinational electricity and gas utility company that owns and maintains high-voltage electricity transmission network in England and Wales. The company is the only owner and operator of gas transmission infrastructure in England and Wales. The company also operates 14,000 km of electricity transmission lines in the US, delivering power to the areas of Northeast states of Massachusetts, New York, and Rhode Island, serving over 3 million customers.

NextEra

NextEra Energy Inc. is an investment company which operates in the US and Canada. The company generates electricity and is also involved in transmission and distribution with a capacity of about 45,900 MW. The company operates through various subsidiaries including Florida Power & Light (FPL), NextEra Energy Resources (NEER), and FPL FiberNet. With an aim to promote the use of renewable energy, the utility company attempted to purchase Hawaiian Electric Industries for $4.3 billion in the year 2014.

EDF

Électricité de France SA (EDF) is wholly owned by the French state and is involved in power generation, transmission, distribution, and energy supply and trading. The company handles 5 to 7 million customer accounts in the UK by the sale of gas and electricity to homes and businesses. The utility company is actively engaged in energy generation from renewable sources, which are reflected by its move to start the 62 MW offshore Teesside Wind Farm operations. The utility company consolidated its business in France and Europe to increase its presence in key emerging countries including Brazil, China, and Russia. The utility company also operations three of the top ten nuclear power plants in the world.

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Pharmaceutical packaging

Energy Industry Trends: Factors Expected to Spark Change in 2018

energy industry trends

Energy industry overview

The world population is on the rise, so is the demand for energy. The good news is that the recent energy industry trends are more focused towards sustainable energy generation methods, especially due to the ever-increasing environmental concerns such as global warming. But on the flip side, the energy industry is facing mounting challenges when it comes to providing cheap and reliable energy owing to the high costs involved and lack of sufficient resources to meet the growing demand. Over the past year, global conditions have also continued to challenge the energy sector. However, with breakthrough developments in the energy sector in the recent times and more emphasis from the government for clean energy measures, 2018 will undoubtedly be an eventful year for the energy sector. Here are our top picks of the energy industry trends that you can expect in 2018:cta ir

Energy Industry Trends 2018

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IR6

Market Intelligence Helps a Renowned Power Supplier Optimize Strategies for the Indian Market

Since the enactment of the Electricity Act in 2003, the level of competition in the Indian power market has increased substantially.

Globally, the power market has been marked by the transition towards a more decentralized and intelligent energy system, which is expected to continue this year as well. The power market is driven by the continued regulatory support for renewable energy, especially in developing economies like India, which is a key market for power suppliers across the globe. The growth of the power market is driven by the “three Ds of energy” – rising decentralization, growing need to decarbonize electricity generation, and digitization. However, apart from these factors, there are a few fundamental factors that are impacting the overall growth of the power market. These factors include:

  • Increasing competition: With the entry of new suppliers, the power market is witnessing a high level of competition with players attempting to gain a major share of the market. Additionally, the shift towards a more competitive environment from a monopolistic environment a is opening up the space for new market players to establish themselves in the industry.
  • Increasing customer expectations: Leading companies in the power market are facing the need to change their business models to meet the rising demands of the customers who are now opting for suppliers that offer reliability and better security in their services.

These factors are compelling firms to leverage the use of robust market intelligence solutions. Market intelligence solutions help firms gain a precise view of the market and customers records and enable them to analyze and interpret information about the key competitors in the space. This would help businesses determine relevant market opportunities and make accurate business decisions.IR_Brochure

The Business Challenge

  • The client: A renowned power supplier
  • Area of engagement: Market intelligence

The client, a renowned player in the power market with distribution centers spread across various locations, wanted to gain accurate and detailed information on the Indian power market’s growth potential and possible ways to increase profits, revenues, and market shares. Additionally, the power supplier wanted to meet the growing demands of the customers by bringing about cost-effectiveness in their service offerings and gain insights into the market size calculations, substitute products, and competitor analysis. The client also wanted to minimize the risk of investments and penetrate the niche and profitable market segments.

market intelligence

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Our Journey

The market intelligence experts at Infiniti carried out extensive research, comprising of interviews and discussions with prominent stakeholders in the power market to ascertain the demand for products and services and offer reliable offerings in the market. The experts also gathered information from a wide array of proprietary sources such as paid industry databases, trade shows, and company presentations in the power market.

The Solution Benefits and the Business Impact

With the help of Infiniti’s market intelligence solution, the power supplier was able to identify the niche and profitable market segments and accordingly tailor offerings and marketing efforts around the customer’s needs. Additionally, the power supplier was able to identify the key competitors in the Indian power market and devise effective strategies to establish their presence in the market.

The Future

Over the next couple of years, the power market in India will experience promising growth despite China being the largest market in terms of revenue investment. Our analysts believe that the power market in India will witness double digit growth until 2020 due to the advent of newer business models that incentivize smarter consumption patterns. 


A must-read case study for strategy specialists and decision makers looking to develop an understanding of the power industry

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