The increase in global energy demand, the highly volatile oil and gas prices, the increase in complicated regulatory and environmental pressure have put a big “deal" on other alternative energy sources in this era. There are greater awareness and commitment across geography and between companies on “green" energy sources. Environmental pollution caused by conventional energy sources has also created a green energy demand. The energy industry is largely controlled by the government and the utility sector in most emerging nations such as the BRIC nations. But dynamics are drastically changing driven by increased privatization, new policy changes, loosening of FDI standards in the sector, new investments in the capital of energy projects by both public and private, use of smart metering and smart grids to better manage services and reduce transmission losses and the growing demand for electricity. Thanks to government support for renewable energy projects around the world, there are many investments and demands for solar and wind energy projects. The emerging economies of Asia, which lack the necessary infrastructure, are now allocating a huge chunk of their annual budgets to the development of utility and energy infrastructure. Oil and coal currently dominate the energy market with a 70% market share, while renewable energy accounts for only 15% of the market share and this trend is estimated to undergo major changes in the coming decades. Wind energy, for example, represented only around 0.9 percent in 2005, reaching almost 2.5 percent of total energy consumption in 2010.
Reports on the energy and utility services provide intensive market data and complete analysis on emerging segments of renewable energy, covering their integrated sub-segments such as capacity, industry and financial performance, sales and distribution channels, costs and prices. AxelReports has planned syndicated reports according to the needs of the sector and some of the areas of interest of the report are the emerging biofuels market, the global biodiesel market, the opportunities in geothermal, the wind turbine market, the shale gas, the smart meter and a series of other related energy and utility groups. Energy analysts also focus on analyzing trends in their end-user markets and assessing the impact these trends will have on industry performance. We have demonstrated our expertise by working with Fortune 500 customers to provide personalized consulting projects within the customer’s product portfolio.
Our expertise in the report includes the evaluation of new market opportunities and market sizing, identification and evaluation of complex global value chains (including key factors, constraints, and winning strategies). We also have experience in analyzing scenarios, costs, price trends, and forecasts. There is a dedicated team for business profiles and competitive landscape on an ongoing basis. All our reports cover important geographical areas such as North America, Europe, Asia Pacific (including Japan) and emerging economies in Asia and Latin America. With a broad range of reports and expertise in the energy and utility sectors in tracking and analyzing industry activities on a regular basis, our research team compiles comprehensive reports on their own and also in collaboration with experts in the matter. We have access to industry-recognized secondary databases that help us provide accurate and authentic information on key industry trends. The report captures in-depth strategic insights on crucial topics that help our clients make informed decisions. Electricity consumption is considered a key indicator of a nation’s growth. Electricity can be generated both from conventional or non-conventional sources. The main source of short-term electricity production comes from conventional sources and accounted for around 75% of total electricity production in 2015. There has been an increase in electricity generation through unconventional sources. According to the REN21 (Renewable Energy Policy Network for the 21st Century), in 2015 nearly 25 percent of electricity production came from renewable sources. Cost reduction, continuous research into technological improvements has made these energy sources vital. Furthermore, renewable energy is considered the only alternative for conventional energy generation based on fossil fuels.
We have offered a deep-rooted outlook in this space that covers the length and breadth of the renewable energy spectrum, with topics ranging from solar and wind energy to fuel cells and energy storage technologies. Almost all the major companies in the POWER & ENERGY sector that are making substantial profits are worried about exploitation and conversation rules. AxelReports helps with statistical analysis of data concerning everything in this field. The AxelReports discoveries not only go towards a better future, but they are also responsible for making decisions that change millions of lives all over the planet. By analyzing all the aspects in detail, we make sure that our results are impeccable so that they can be used without hesitation during the implementation of the projects carried out.