Big Data Analytics in Energy Sector - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4385569
  • Report
  • 116 pages
  • Mordor Intelligence
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Increasing adoption of smart utilities and smart grids by energy companies is pushing the need for Big Data solutions. Information gathered from these can be used for gaining useful information insights and customer behaviour. It also helps energy enterprises to deploy condition-based maintenance programs and improve forecasting and scheduling of assets. This sector is expected to grow at a CAGR of xx.xx% for the period 2014-2019 reaching $x.xx billion in 2019 from the current value of $y.yy billion.

Brazil is a hydropower-based economy with little demand for another form of power generation. Yet CHP fueled by biomass is entering the industrial sector, particularly the sugar sector, and could produce 17 percent of Brazil's electricity by 2030.

Combined heat and power (CHP) is an efficient and clean approach to generating electric power and useful thermal energy from a single fuel source. Instead of purchasing electricity from the distribution grid and burning fuel in an on-site furnace or boiler to produce thermal energy, an industrial or commercial facility can use CHP to provide both energy services in one energy-efficient step.

While CHP has been in use in some form or another for more than 100 years, it remains an underutilized resource today. Nevertheless, the outlook for increased use of CHP is bright € policymakers at the federal and state level are beginning to recognize the potential benefits of CHP and the role it could play in providing clean, reliable, cost-effective energy services to industry and businesses.

CHP is being looked at as a productive investment by some companies facing significant costs to upgrade outdated coal and oil-fired boilers. In addition, CHP can provide a cost-effective source of highly-efficient new generating capacity. Finally, the economics of CHP are improving as a result of the changing outlook in the long-term supply and price of North American natural gas € a preferred fuel for many CHP applications.

As an efficiency technology, CHP helps makes businesses more competitive by lowering their energy costs, reducing demand on the electricity delivery system, reducing strain on the electric grid, and reducing greenhouse gas (GHG) and other harmful emissions. Already used by many industrial facilities and a growing number of commercial and institutional entities, CHP is a commercially available clean energy resource that is immediately deployable, and that can help address current and future global energy needs.
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1. Introduction
1.1 Research Methodology
1.2 Key Findings
1.3 Executive Summary
2. Current Market Trends
2.1 Market Overview
2.2 Technology Snapshot
2.3 Industry Usage
2.4 Factors Driving the Market
2.5 Factors Restraining the Market
2.6 Growth Prospects in Current Marketspace
2.7 Industry Value Chain Analysis
2.8 Industry Policies Guiding the Market
3 Market Insights
3.1 Introduction
3.2 Porter's Five Forces
3.3 Market Share by Regions
3.3.1 North America Analyst View
3.3.2 Asia Pacific Analyst View
3.3.3 Latin America Analyst View
3.3.4 Europe Analyst View
3.3.5 Rest of World Analyst View
3.4 Big Data Leaders Market share and Profiles
3.4.1 SAP
3.4.2 Tibco
3.4.3 Microsoft
3.4.4 SAS Institute
3.4.5 QlikTech
3.4.6 IBM
3.4.7 Oracle
3.4.8 MicroStrategy
3.4.9 Information Builders
3.4.10 Actuate
3.4.11 Others
3.5 The Challengers
3.5.1 Syoncloud
3.5.2 Sopra
4 Competitive Landscape
4.1 Buyer's Guide
4.2 Strategies
4.3 Innovation and Patents
4.4 Recent Mergers and Acquisitions
5 Road Ahead for Big Data in Energy
5.1 List of Tables
5.2 List of Figures
5.3 Abbreviations
5.4 Works Cited
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