Energy & Power Research Report

Energy & Power Market Research Reports, Analysis & Trends

The global energy and power landscape is driving growth through several transformative trends. The rising energy demand globally is shaping the energy & power sector. The International Energy Agency (IEA) reported that the global energy demand rose by 7% in 2024 and is projected to grow another 6% annually through 2027. Key emerging trends include a heightened scrutiny of traditional power sources such as coal and oil, while the momentum has shifted in support of renewable energy, smart grids, and energy storage technologies. The global energy policies are aligning to reduce carbon footprint w... hile securing energy security. The shift toward renewables is evident, with solar, wind, and hydropower leading the charge. The IEA has reported that clean energy sources accounted for nearly 30% of global electricity generation in 2023, with forecasts showing renewables overtaking coal by the end of 2025. With renewables forecasted to account for 90% of global electricity capacity growth by 2030, significant opportunities will arise in the expansion of battery storage solutions, investments in decentralized grids, green hydrogen projects, electrification of industries and mobility, and cross-border renewables trade. Our research identifies the surge in electric vehicles (EVs) to facilitate steady growth opportunities in the energy and power markets. The uptick in EV adoption will push utilities to develop dynamic pricing models and demand-response strategies. Additionally, nuclear power is experiencing a resurgence due to increased investments in new reactors and favorable policy shifts. Despite being buoyed by the rising demands for power, energy markets are navigating supply chain disruptions propelled by geopolitical uncertainties and fluctuating fuel prices. The volatility of fossil fuel markets impacted by shifting trade policies has continued to impact energy costs. However, innovation in hydrogen energy, carbon capture technologies, and nuclear advancements are opening new frontiers for clean power generation. Another key characteristic of the evolving market is the advent of digitalization. Smart grids, AI-driven energy management, and blockchain-based trading platforms are optimizing energy efficiency and streamlining power distribution. Moreover, consumers can generate and sell power back to the grid, benefiting from the growth of decentralized energy production. While the future outlook for the energy and power markets is promising, consistent challenges in aging infrastructure, high capital costs for renewable projects, and fragmented policies continue to affect the pace of transition. Although international collaboration and increased investments in clean energy initiatives are poised to offset the market constraints. For investors and businesses, understanding the dynamic shifts is necessary to making informed decisions. At Kenneth Research, we provide in-depth market intelligence tailored to the energy & power sector. Our reports offer actionable insights into emerging technologies, regulatory changes, and investment opportunities, helping you navigate the industry. Contact Kenneth Research today for the latest market reports tailored to your requirements. Read More..