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Innovations in Compressed Air Energy Storage, Marine Electrification, Wind Turbine Monitoring, Thermal Energy Storage, and Smart Energy Management

  • ID: 4758333
  • Report
  • 15 pages
  • Frost & Sullivan
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This edition of the Energy and Power Systems TechVision Opportunity Engine (TOE) focuses on developments in compressed air energy storage, marine electrification, wind turbine monitoring, thermal energy storage. Each of these innovations and profiles address a key challenge in each of these sectors. The slag-based molten energy storage innovation for instance focuses on the making the steel industry more energy efficient and thermal energy storage more cost-effective. Similarly, the hybrid electric propulsion focuses on reducing emissions due to vessels and make the marine sector more efficient in fuel usage. This will be particularly useful given the stringent regulations imposed by IMO for emissions reduction.

The TOE also covers innovations in smart energy management and wind turbines inspection. An interesting new concept called solar-wind inverted flags for energy harvesting that can be used in small-scale electronics is discussed along with the design aspects modified and limitations addressed to enhance performance.

The Energy and Power Systems TOE provides insights on the latest advances in the broad range of technology related to the energy industry. The topics regularly presented range from energy storage technologies (solid state batteries, solar chemical storage and other advanced energy storage devices) to non-renewable energy such as oil and gas. Special emphasis is given to emerging areas in the renewable sector such as photovoltaics, wind energy, and geothermal energy, and emerging alternative fuels such as hydrogen, syngas, ethanol and biofuels. The EPS TOE keeps clients abreast of the latest R&D developments at major corporate and academic research centers, provides competitor intelligence and helps create strategic alliances.

The Energy and Environment cluster provides global insights and intelligence on a wide variety of disruptive emerging technologies and platforms ranging from energy storage, advanced batteries, solar and wind energy, to unconventional oil, bioenergy, geothermal energy, and energy transmission.

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1. Innovations in Compressed Air Energy Storage, Marine Electrification, Wind Turbine Monitoring, Thermal Energy Storage, and Smart Energy Management

  • Offshore Automated Inspection with State-of-the-art Drone
  • Sandia National Laboratories to Validate Compliance with Industry Standards
  • Greater Awareness Required on Effectiveness of Drones to Accelerate Adoption
  • Eco-friendly Energy Storage Option to Accelerate Adoption of Renewable Energy
  • Further R&D Required to Better the Technology
  • New Funding Activities to Enable Setting up of Production Line
  • Smart Solar Home Systems for Off-grid Communities
  • Innovative Business Models to Facilitate Adoption of BBOXX System
  • Mobile Payment Option Enables Product Scalability
  • Smart Energy Management Module Integrates Renewable Energy and Energy Storage
  • In-house Production Line is Likely to be Constructed
  • International Standards Required to Put in Place DC Nanogrids
  • Novel Device Enables Simultaneous Harvesting of Wind and Solar Energies
  • Real-life Applications Require Multiple Integrated Inverter Flags Combined Together
  • Material Limitation Overcome with Metal Shim Substrate
  • Compressed Air Energy Storage Unit in Texas
  • CAES can Support Large Scale Off Grid Renewable Installations
  • Recent Projects Show a Strong Future Globally
  • Hybrid Propulsion Model for Vessels
  • Hybrid and Electric Propulsion can Reduce Fuel Consumption
  • Fuel Cells and Batteries to Dominate the Marine Propulsion Sector
  • Slag-based Thermal Energy Storage
  • There is Still a Need for a Cost-effective, High Temperature Solution
  • Developing Solutions for CSP Applications can Prove to be a Market Game Changer
  • Machine Learning Monitoring Solutions for Wind Turbines
  • Crucial in Ensuring Reliability and Minimizing Intermittency
  • Other Sectors Impacted Include Solar Energy and Demand Response
  • Reliability-based Planning Model for the Design of Future AC-DC Hybrid Distribution Systems
  • AC-DC Hybrid Distribution System Ensures Effective Integration of DC Sources and Loads
  • AC-DC Hybrid Grids Create Opportunity for High Efficient Future Power Systems
  • Novel Design Approach Allows to Eliminate Erosion of Wind Turbine Blades
  • Artificial Intelligence Helps in Enhanced Material Development
  • Continuing Improvement in Wind Technologies Reduces Cost of Wind Energy Generation
  • High Performance Proton Battery Electrode Revolutionizes Electrochemical Energy Storage
  • Electrochemical Energy Storage Create Opportunities for Transformation of Energy Sectors
  • Advancements in Material Science Pave the Way for Cost-effective Storage Technologies
  • High-performance Electrode Material for Highly Durable High-voltage Supercapacitors
  • Supercapacitors Facilitate Development of Flexible Electronics
  • Improvements in Electrodes Material Improves Supercapacitor’s Stability
  • Design Optimization Tool Improves Perovskite Solar Cell Performance
  • Ability to be Printed or Sprayed on Various Substrates Extends the Applications of
  • Advances in Long-term Stability Can Help Commercialization of Perovskite Solar Cells
  • Key Contacts
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