Energy and Power
Explore AMR Perspectives from Energy and Power industry
Explore AMR Perspectives from Energy and Power industry
With growing need for digitalization and connected infrastructure, the need for powering this infrastructure with electricity is increasing rapidly. To embrace a sustainable future, the dependence on renewable energy sources is increasing along with rising penetration of electric vehicles. To meet these requirements, the necessity to deploy advanced transmission lines is increasing significantly.
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Battery technology has been advancing rapidly, even serving the submarines. Submarine batteries are engineered to meet the unique requirements of submarine, which include high demand for energy density, enhanced reliability, and the ability to withstand harsh operating conditions, such as extreme pressures and temperature variations encountered in deep sea environments.
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Termed as an environment-friendly fuel, green diesel has lower greenhouse gas emissions compared to petroleum diesel. However, despite its environmental benefits, the green diesel industry faces challenges as its production and use still have environmental impacts that need to be managed. It is predominantly used as fuel in various industries such as transportation, manufacturing, and power generation.
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Transformer core facilitates voltage regulation. It provides electrical isolation between primary and secondary windings, ensuring safety and preventing electrical hazards such as electric shocks and short circuits. It has undergone significant advancements over the years, driven by the constant quest for higher efficiency, reduced losses, and improved performance.
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Rise in interest in gasification as a clean energy replacement is a result of increase in awareness about the environment and sustainability. Growth in population globally, rapid rise in industrialization and urbanization, emergence of chemical manufacturing facilities, and expansion of the coal industry are major factors anticipated to drive the growth of the gasification market in the future.
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The increasing concerns with climate change and global warming have prompted an urgency to explore environmentally friendly activities. The wood pellet industry has also thus gained importance, aiming to provide an alternative fuel source. Advancements in technology with respect to wood pellets are expected to provide development prospects for the expansion of the global wood pellet fuel market.
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Hydrogen, abundant and versatile, fuels a growing industry spanning transportation, power generation, and more. Market projections suggest substantial growth, particularly for green hydrogen produced via electrolysis. The global hydrogen generation market is projected to reach $262.0 billion by 2031. Key players like Toyota and Hyundai lead in fuel cell technology, supported by government initiatives. As a clean energy source, hydrogen holds promise for a sustainable future.
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Renewable technologies, including solar, wind, hydro, bioenergy, and geothermal, are pivotal for global energy generation. The renewable energy market is projected to reach $1,977.6 billion by 2030. Governments are increasingly committed to renewable energy targets, especially after the Paris Agreement. Solar and wind energy are witnessing significant growth, with China leading in solar installations and wind energy generation.
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Clean energy transition requires a fundamental transformation of power systems, including much higher levels of digitalization at scale across all grid domains, from generation to transmission and distribution to end-use.
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Data integration is the process of combining and unifying data from different sources into a single, cohesive view. Data integration in the energy industry is centered around enhancing operational efficiency, optimizing asset performance, and supporting the transition to renewable energy sources.
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