
Power Industry Top 20 Themes Predictions for 2023 - Thematic Intelligence
Description
Power Industry Top 20 Themes Predictions for 2023 - Thematic Intelligence
Summary
In this report, we identify the top 20 themes that will impact the power sector in 2023. For each theme, we offer a series of predictions, identify winners and losers, and point you to further reading.
We classify our top 20 themes for 2023 into three groups. The major technology themes impacting the power sector in 2023 will be artificial intelligence (AI), big data, blockchain, cybersecurity, cloud computing, the Internet of Things (IoT), virtual and augmented reality (VR and AR), electric vehicles (EVs), smart grid, robotics, and drones.
The major macroeconomic themes impacting the power sector in 2023 will be geopolitics, and environmental, social and governance (ESG).
The major industry themes impacting the power sector in 2023 will be renewable energy, energy transition, energy storage, distributed generation, carbon emissions, predictive maintenance, and hydrogen.
Scope
The report provides -
Summary
In this report, we identify the top 20 themes that will impact the power sector in 2023. For each theme, we offer a series of predictions, identify winners and losers, and point you to further reading.
We classify our top 20 themes for 2023 into three groups. The major technology themes impacting the power sector in 2023 will be artificial intelligence (AI), big data, blockchain, cybersecurity, cloud computing, the Internet of Things (IoT), virtual and augmented reality (VR and AR), electric vehicles (EVs), smart grid, robotics, and drones.
The major macroeconomic themes impacting the power sector in 2023 will be geopolitics, and environmental, social and governance (ESG).
The major industry themes impacting the power sector in 2023 will be renewable energy, energy transition, energy storage, distributed generation, carbon emissions, predictive maintenance, and hydrogen.
Scope
- The report covers the top 20 themes that would impact the power industry in 2023.
- It provides predictions with respect to technology theme, macroeconomic theme and industry theme in the power sector.
- The report covers the top themes that includes artificial intelligence, big data, blockchain, cybersecurity, the internet of things, virtual and augmented reality, electric vehicles, smart grid, robotics, drones, geopolitics, ESG, renewable energy, energy transition, energy storage, distributed generation, carbon emissions, predictive maintenance, and hydrogen.
- It provides an overview of deal trends, published patents and job trends for each theme.
- The report identifies winners and losers with respect to themes of power predictions 2023.
The report provides -
- An overview of the top 20 themes that will impact the power sector in 2023.
- Predictions about technology themes such as artificial intelligence, big data, blockchain, cybersecurity, cloud computing, the internet of things, virtual and augmented reality, electric vehicles, smart grid, robotics and drones.
- Power predictions on macroeconomic themes such as geopolitics and ESG impacting power utilities.
- Predictions on industry themes such as renewable energy, energy transition, energy storage, distributed generation, carbon emissions, predictive maintenance and hydrogen.
- Insight to thematic research ecosystem-an integrated global research platform for an easy-to-use framework to track all themes and its impact on the power sector.
- An outlook on how each theme will make a significant impact on power utilities in terms of application and investment.
Table of Contents
56 Pages
- Executive Summary
- 2023 Theme Map
- Artificial Intelligence
- AI will optimize the energy market
- More power utilities will adopt AI for forecasting
- AI will benefit renewable energy
- AI will advance the energy transition to net zero
- Winners
- Further reading
- Big Data
- Big data will address energy consumption analytics
- Big data will impact renewable energy
- Big data will deliver superior gains to the energy sector
- Big data analytics will optimize EV chargers
- Winners
- Further reading
- Blockchain
- Blockchain will build peer-to-peer (P2P) energy trading
- Blockchain will impact wholesale electricity distribution
- Blockchain will certify sources of green energy
- Winners
- Further reading
- Cybersecurity
- Digitalization will accelerate the need for cybersecurity
- Geopolitics will play a key role in cybersecurity
- Cybersecurity resilience is critical to reaching net-zero
- Winners and losers
- Further reading
- Cloud Computing
- Cloud computing will benefit the power industry
- Cloud computing applications will grow in smart grids
- More power companies will adopt cloud computing in 2023
- Winners
- Further reading
- The Internet of Things
- The Internet of Things (IoT) will optimize the power sector
- IoT applications will redefine the power grid
- IoT will boost renewable energy
- The adoption of IoT technology will benefit power utilities
- Winners
- Further reading
- Virtual and Augmented Reality
- Augmented reality will deliver digitized maintenance
- AR and VR will pave the way for renewable energy
- VR and AR enterprises will grow in the commercial market
- Winners
- Further reading
- Electric Vehicles
- Electric vehicles will have a greater impact on power utilities
- EVs will be driven by key market drives
- Electric vehicle charging infrastructure will grow
- Winners and losers
- Further reading
- Smart Grid
- Big data will play a significant role in the smart grid
- Accelerating towards smart grid solutions
- Smart grid adoption will reduce carbon footprint
- Winners
- Further reading
- Robotics
- Robotics will lead the power industry
- Robotics will enable faster renewable installation
- Robotics will address utilities with an aging workforce
- Winners
- Further reading
- Drones
- Drone technology will power the future of utilities
- Drones will improve operational and maintenance measures
- Drones will ease the predictive maintenance of power assets
- Winners
- Further reading
- Geopolitics
- Geopolitics outlook in the power sector
- Impact of the Ukraine-Russia conflict on the global economy
- Supply chain and demand disruption
- Winners
- Further reading
- ESG
- The rising need for ESG in the power industry
- Main trends shaping ESG in the power sector
- Policies and governance to reduce emissions and achieve net zero target
- Winners and losers
- Further reading
- Renewable Energy
- Renewable energy will continue to drive the power industry
- An exponential rise in renewable energy deals
- Wind and solar will dominate the renewables market
- Winners
- Further reading
- Energy Transition
- Investments in energy transition projects will rise
- High energy prices will push for more renewables
- The energy transition will add millions of jobs globally
- Winners
- Further reading
- Energy Storage
- Energy storage will assist in a carbon-neutral economy
- The energy storage market will continue to grow
- Energy storage systems will be more beneficial to the power industry
- Winners
- Further reading
- Distributed Generation
- Demand for distributed generation will rise
- Microgrid technology will have a major impact
- The microgrid will manage the power network better
- Winners
- Further reading
- Carbon Emissions
- Continuous measures to mitigate carbon emissions
- Decarbonizing transportation
- Investing in next-generation clean technologies
- SFDR will be mandatory from 2023
- Winners
- Further reading
- Predictive Maintenance
- Predictive maintenance will improve power assets' efficiency
- Predictive maintenance will enhance power generation efficiency
- Predictive maintenance in renewable energy systems
- Winners
- Further reading
- Hydrogen
- Electrolyzers are the first step toward clean hydrogen production
- Hydrogen will serve as a source of energy storage
- Hydrogen adoption strategies by world economies
- Winners
- Further reading
- Glossary
- Further Reading
- GlobalData reports
- Our thematic research methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Glossary
- Table 2: GlobalData reports
- List of Figures
- Figure 1: Our 2023 theme map shows the biggest themes driving growth in the power sector
- Figure 2: Artificial Intelligence
- Figure 3: Big Data
- Figure 4: Blockchain
- Figure 5: Cybersecurity
- Figure 6: Cloud Computing
- Figure 7: The Internet of Things
- Figure 8: Virtual and Augmented Reality
- Figure 9: Electric Vehicles
- Figure 10: Smart Grid
- Figure 11: Robotics
- Figure 12: Drones
- Figure 13: Geopolitics
- Figure 14: ESG
- Figure 15: Renewable Energy
- Figure 16: Energy Transition
- Figure 17: Energy Storage
- Figure 18: Distributed Generation
- Figure 19: Carbon Emissions
- Figure 20: Predictive Maintenance
- Figure 21: Hydrogen
- Figure 22: Our five-step approach for generating a sector scorecard
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