renewable energy industry Archives - Business Intelligence

Tag: renewable 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

3

Competitor Analysis: Identifying New Sources of Productivity and Growth Through a Competitor Analysis Template

About the Client

The client, a leading player in the US energy market, was finding it difficult to analyze competitive developments such as expansions, business agreements, product launches, and acquisitions in the renewable energy space. This prompted them to approach Infiniti Research to leverage its expertise in competitive intelligence to develop a competitor analysis template.

The Business Challenge

The energy industry client wanted to leverage Infiniti’s competitor analysis expertise to tactically profile the key players in the renewable energy industry and analyze their growth strategies using a competitor analysis template.

Like the other US industries, the energy industry has shifted its focus from stability to a fluidity as a countermeasure to cope with the ever-increasing challenges. However, our competitor analysis experts suggest that coping with such challenges and exploiting new market opportunities entails adaptation on all fronts. Other competitor analysis strategies include- paying closer attention to the nature of interconnection agreements and regulatory trends in the energy industry. (more…)

Business Forecasting

Renewable Energy Sources: Top 3 Challenges Holding Back the Development

Powering the planet, lowering the cost of energy, and drastically reducing carbon emissions are the major concerns for mankind in the 21st century. To secure the future for ourselves and generations to follow, it is crucial to act now to reduce the consumption of energy and reduce greenhouse gases. Such issues have raised the preference for renewable energy sources all over the world. But there are several challenges that companies dealing with renewable energy sources face. These challenges hinder the growth of the green economy and obstruct governments from achieving their sustainability goals. In this article, we have talked about those challenges to help power and clean energy companies transform the way they operate, globally.

(more…)

IR18

Top Renewable Energy Sources That Will End the Fossil-fuel Era

renewable energy sourcesEver wondered what exactly is renewable energy and what are the top renewable energy sources available to us today? Renewable energy, as the name suggests, is a form of green energy that’s not detrimental to the environment. They are a part and parcel of our planet’s physical structure and can be found in the sunlight, air, oceans, and underground.  Also known as “sustainable energy”, they are naturally replenished and serve as the best alternative to fossil fuels like coal and oil. However, a fact to keep in mind here is that energy sources that are renewable are not always environmentally safe. For instance, harnessing hydro energy by building dams affects the ecosystem for fishes and the wildlife. Another example of this is the use of wind to generate energy by building windmills, which also has a detrimental effect on the local ecosystem and wind streams.

Despite the strides we’ve made in discovering new renewable energy sources and harnessing the energy generated from such sources, many countries are still not using renewable energy. Wonder why? Renewable energy is still pretty expensive compared to conventional energy. And since favorable renewable energy sources are mostly present in remote locations, a lot of money must be invested in building an appropriate infrastructure. Despite such challenges, most governments are investing in discovering new renewable energy sources and are offering attractive tax benefits to encourage investments. That being said, now let’s take a look at some of the best renewable energy sources that can be leveraged to help our world to go green:Ask an analyst

Top Renewable Energy Sources

  • Solar energy

Sunlight is perhaps one of the most famous renewable energy sources available today and its energy can be harnessed by using technologies that can leverage solar energy to illuminate houses or street lamps, warm or cool water, or power cooling systems for businesses. Solar energy, which can be harnessed with the help of photovoltaic systems, can benefit corporates and government bodies alike.

  • Geothermal energy

This form of energy is derived from deep underground and the heat generated can be used to produce electricity. Such renewable energy sources can be implemented on a smaller scale or a large scale, depending on its end-goal. On a small scale, geothermal energy can be used to keep nearby buildings warm or cool. On a large scale, it can be used as a commercial utility energy solution.

market segmentation

Renewable Energy Provider Leverages Market Assessment Solutions to Devise Business Expansion Strategies

LONDON: Infiniti Research, a global market intelligence solutions provider, has announced the completion of their latest market assessment solution for a leading renewable energy provider. The renewable energy industry is witnessing a transformation towards a service-driven economy owing to the recent technological improvements and environmental concerns. Top players in the renewable energy industry are increasing their focus on delivering energy with higher efficiency and productivity.

“Increasing customer expectations and competition in the market are forcing companies operating in the renewable energy sector to devise market assessment solutions.With the help of market assessment solutions, the renewable energy companies can categorize potential market segments in terms of the demographics, geography, lifestyle, and distribution,“says an expert at Infiniti Research.

 

Request your FREE brochure today!

 

The solution offered helped the energy industry client to position their offerings based on the customer preferences and mitigate market entry bottlenecks. The client was also able to gain actionable insights into the current market scenario and develop tailored offerings.

Additional Benefits of The Market Assessment Solution

  • Gain market landscape insights and identify the regional opportunities and challenges
  • Understand the purchasing patterns of the customers and accordingly allocate marketing resources to meet the business requirements.
  • To know more, request a free proposal

To know more about how our market assessment solution helped the renewable energy providerAsk an analyst


Close
Infiti Logo

Hello there!

Contact us to know more about our cost-effective custom market research offerings to support efficient market penetration, new product launch, and devise strategies to monitor and outperform your competitors.

Cookie Policy

The Site uses cookies to record users' preferences in relation to the functionality of accessibility. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice