Megatrends such as connected living, big data, smart cities and wearable computing will drive the future of the communications test equipment market, according to Frost & Sullivan, as software technologies and connectivity become more pervasive and a digitalized world becomes inevitable and the complexity of smart devices, networks and applications create the need for customized testing and monitoring solutions.
Southern California is driving the state's clean transportation sector and new microgrid and biorenewable technology, and making them world class, according to research from the nonpartisan nonprofit group Next 10, thanks to unique local assets in the Los Angeles area and San Diego region that are being leveraged to drive innovation, investment, and growth in the clean economy.
Utilities in the United States have run residential direct load control (DLC) programs as forms of demand management for many years, but the development of smart grid technology-- particularly advanced metering infrastructure (AMI) and smart, two-way communicating thermostats-- is enabling utilities globally to offer residential demand response programs.
The decisions that investors make in the energy sector today will make or break the sustainability of global energy systems for years to come, according to a new report from the World Energy Council (WEC). Specifically, the ability to invest the $48 trillion required over the next 20 years could be in jeopardy as global energy systems are under increasing stress and governments limit their spending due to economic conditions, threatening countries' ability to supply sustainable, reliable, and affordable energy for their populations.
The global power generation industry is seeing differing trends across developed and emerging regions. While gas-fired power generation will register a substantial net increase globally, coal-fired capacities will witness major growth only in emerging regions, according to research from Frost & Sullivan.
Despite an increasingly stable global economy, resilient equity markets and corporate earnings confidence, the global oil and gas mergers and acquisitions (M&A) landscape remains just cautiously optimistic, according to an EY survey of more than 100 oil and gas executives worldwide, where 94 percent of respondents expect the global economy to either improve or remain stable over the next year.
The U.S. Environmental Protection Agency's (EPA) proposed Clean Power Plan is the latest in a series of regulations that, in conjunction with rising natural gas prices, will increase the cost of electricity and natural gas by nearly $300 billion in 2020 compared with 2012, according to a study by Energy Ventures Analysis for Peabody Energy.
The U.S. Energy Information Administration (EIA) has released a new tool for tracking U.S. crude oil imports, allowing policymakers, analysts, and the public to more easily track trends in this area. The tool sheds light on the adjustments to imports being made in response to growing production of crude oil within the United States and is just one part of EIA's ongoing effort to assess the effects of a possible relaxation of current limitations on U.S. crude oil exports, which is another avenue to accommodate domestic production growth.
With energy costs weighing them down, data centers are considering renewable energy as one of the top emerging technologies to address power and cooling costs, according to a Mortenson survey. Of corporate data center executives, data center developers and operators, and information technology providers surveyed at the 2014 Data Center World conference, 84 percent said they needed to consider renewable forms of energy, such as wind and solar, to manage future needs.
Europe is getting serious about energy efficiency in its commercial buildings. As a result of legislation, mandatory changes to country-level building codes are increasing the performance requirements that apply to new construction and major renovations of existing buildings. These codes are pushing toward the delivery of nearly zero energy buildings by 2019 and 2021 for public and private buildings, respectively.