A combination of physical hardware and assets, software, products and services, and networked actors, Energy Cloud platforms sit at the confluence of highly disruptive technologies and enable new business models supporting multi-sided value exchanges.
With renewable energy undoubtedly entrenching itself as a global industry over the last decade, what will the next 10 years bring? The short answer is “more growth” and notably, “self-sustaining growth.” As the market evolves, growth will this time be supported by advancements in battery storage technology. While developing markets will see demand for power continue to grow, the same trend will likely flatten out for developed markets, though the expected roll-out of electric vehicles could add to demand.
As we enter 2018, here’s a high-level overview of which wind energy trends to keep your eye on in the coming year.
Even though energy storage was one of the hottest topics in 2017, the industry has a long way to go before utilities recognize (and compensate) storage assets for all of the benefits they can offer.
If the energy industry learned anything in 2017, it was that energy systems are highly vulnerable to damage from hurricanes, wild fires and other natural disasters and work should be done to make the world’s electric grids much more resilient.
Top industry experts say that in 2018, high efficiency mono c-Si modules and high-voltage inverters will take more market share, and distributed generation will start to pick up.
Wind turbine operators are under tremendous pressure to minimize maintenance costs and maximize turbine availability in order to protect profits. A vibration monitoring strategy can help engineers can establish a robust preventative maintenance regime and boost reliability.
The services that drone companies can provide to wind farm owners/operators will lead to faster, cheaper and more efficient operations and maintenance solutions, which will completely transform the O&M business.
According to one expert, utilities need a paradigm shift in planning when it comes to recouping the full value and receiving all of the benefits of the next wave energy storage.
Energy market participants in some regions of the world are facing the challenge of renewables integration head-on, creating a slow, but steady, campaign to redesign their markets and form more regionalized power grids. Europe has a goal of breaking down the regional barriers that keep energy from moving freely around its power grid. And there are few better examples of energy market regionalization than the work of stakeholders on the U.S. West Coast, and in the Pacific North- and Southwest.