Energy consumption by heating, ventilation, and air conditioning (HVAC) systems accounts for roughly 40 percent of total building energy consumption, and in turn, buildings account for 35 percent to 40 percent of total worldwide energy consumption. Thus, HVAC energy consumption in commercial buildings is a key contributor to total global energy consumption. Driven by tightening energy efficiency regulations and by demand for higher-efficiency buildings, the technology for efficient HVAC systems is advancing. According to a new report from Navigant Research, annual revenue from energy efficient HVAC systems will grow from $17.2 billion in 2013 to $33.2 billion by 2020. Continue reading →
Demand response (DR) programs, which aim to achieve stability on the grid by ensuring that demand does not exceed supply of electric power, have been offered to many electric customers in the United States for decades. In the last ten years, utilities and grid operators have adopted new technologies and practices to move demand resources to the next evolutionary phase, offering more advanced types of DR schemes. According to a new tracker report from Navigant Research, at least 1,342 DR programs are now underway worldwide – 95 percent of them in North America. Continue reading →
ERLANGEN, Germany–(BUSINESS WIRE)–Siemens Energy has recently opened a facility in Charlottesville, Virginia for the innovative commercial production of airfoil ceramic cores for gas turbine blades and vanes using the TOMOSM technology, initially developed by Mikro Systems, Inc. The advancements are expected to improve the cooling capability of gas turbine blading, thus enabling higher levels of engine performance and efficiency for future Siemens Gas Turbines. This technology is available to Siemens as a part of the Technology License agreement with Mikro Systems.
With support from the U.S. Department of Energy (DOE) and the American Recovery and Reinvestment Act (ARRA), Mikro Systems was funded via Small Business Innovation Research (SBIR) grants. Mikro Systems and Siemens Energy partnered to develop the application of its patented Tomo-Lithographic Molding (TOMOSM) manufacturing technology to a range of gas turbine components. Continue reading →
BOULDER, Colo.–(BUSINESS WIRE)–China is in the midst of its latest national development strategy, better known as the 12th Five-Year Guideline, which will continue through 2015. One of the Guideline’s primary goals is “strengthening the construction of [the] smart grid.” With the support of the government-owned State Grid Corporation of China, as well as many provinces and cities, this effort is rapidly progressing. According to a recent report from Navigant Research, annual revenue from smart grid deployments in China will reach $15.4 billion by 2020.
“The area of strongest smart grid growth in China will be transmission upgrades, anticipated to reach more than $72 billion in revenue by 2020 on a cumulative basis,” says Bob Lockhart, senior research analyst with Navigant Research. “Overall, smart grid development in China will generate $127 billion in cumulative revenue from 2012 to 2020.” Continue reading →
While growing in terms of megawatts and systems shipped, the market for stationary fuel cells is also going through a period of deep restructuring, with a number of companies exiting the space and a handful of new entrants appearing. Over the last year, the sector has seen a sharp increase in market demand created by government policy initiatives. According to a recent report from Navigant Research, annual revenue from stationary fuel cells will grow from $1.7 billion in 2013 to $9 billion in 2022.
“Stationary fuel cells are still in the early part of the adoption cycle, with limited availability and affordability,” says Kerry-Ann Adamson, research director with Navigant Research. “During the last year, however, companies have moved to create products for markets where real needs exist—in many cases producing systems that use locally available fuels, can be maintained by local engineers, and do not require very limited operating temperature ranges. This growing realism will enable the industry to create a secure foundation for future growth.” Continue reading →
SEAL BEACH, Calif. & GAINESVILLE, Ga.–(BUSINESS WIRE)–Clean Energy Fuels Corp. (Nasdaq: CLNE) and Mansfield Energy Corp. today announced a strategic partnership to offer customers the most comprehensive solution in the compressed natural gas (CNG) fuel industry. Sales teams from both companies will offer Clean Energy’s natural gas fueling station construction and operational services to current and potential customers. These services will be supported by Mansfield’s large-scale fuel supply capabilities and Gas-2-Gallons fuel management system, creating a superior solution for the growing number of fleets making the switch to cleaner, cheaper natural gas.
“This agreement joins two leaders of fleet fueling into strategic partners that will provide the highest level of service and best value for customers in the rapidly growing natural gas fuel market,” said Andrew J. Littlefair, president and CEO of Clean Energy. “No other company offers fuel customers the benefit of scale and expertise that Mansfield provides. Clean Energy has built and operated more CNG stations and fueled more natural gas vehicles than any company in the U.S. Together, we will be the best solution in the marketplace.” Continue reading →
Industrial energy management systems (IEMSs) are evolving quickly to help industrial facilities minimize energy use and waste while still meeting the demands of production. Technology, processing capabilities, software applications, and business intelligence insights are progressing quickly in the IEMS market, as vendors apply the latest innovations and advancements from other markets and application areas to the industrial sector. According to a new report from Navigant Research, annual revenue from IEMSs will reach $22.5 billion in 2020, essentially doubling their 2013 level.
“The IEMS market is opening to new firms, new technologies, and unique products and services,” says Eric Woods, research director with Navigant Research. “This is good news for both clients and vendors as fresh ideas make IEMSs more accessible. It is, however, not easy to access the IEMS market, and partnering with more established players is a necessary component of any successful entry by a company or solution.” Continue reading →
HONG KONG, Mar 26, 2013 /3BL Media/ – FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced the expansion of its alternative-energy vehicle fleet with the introduction of 10 new all-electric commercial vehicles for use in Hong Kong. This is the first fleet of zero-emission all-electric vehicles for FedEx in Asia Pacific. Continue reading →