Insights for the power and renewables sector
We take pride in delivering independent insights based on facts and data. Discover below some of our most recent reports, podcasts and opinions from experts across the energy value chain.
We take pride in delivering independent insights based on facts and data. Discover below some of our most recent reports, podcasts and opinions from experts across the energy value chain.
The use of artificial intelligence in industries continues at an impressive rate. For the solar and wind industries, which already have benefited from artificial intelligence applications in weather forecasting and control, the positive impact will be on inspections and certification, with further-term impacts on supply chain and even transportation and construction. How quickly these impacts occur is an issue of debate ─ but they surely will occur.
Data analytics has already changed several industries and the power sector is next. Whilst there are many positive impacts currently being realized from data analytics, with more to come, there are also challenges to be overcome.
End of life planning is becoming an increasingly prominent issue in the renewables sector. This is particularly the case in wind power, where the first commercial wind energy projects are now reaching – or in some cases just passing – their expected 20-year lifetime. How can investors and owners take advantage of lifetime extension opportunities to extract further value from renewable energy projects?
In recent years, the world has taken major steps towards a lower-carbon energy system. However, we still have some way to go to meet internationally agreed emissions targets for combatting climate change. The good news is that, after years of impressive progress, offshore wind is now ready to become a major contributor to global energy production as well.
The world is electrifying. The share of electricity in the total energy mix will more than double to 45% by 2050. Renewable energy, led by solar photovoltaic (PV), will supply that growth and replace much of today’s fossil-fuel generated electricity. The reason? Cost.
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