The power business is going through a period of continuous transformation and dynamic changes by competitive forces and technological changes, accentuated by ever changing customer expectations. Most of the electric power companies are integrating new technologies to seamlessly service increasingly sophisticated customers who are in a cycle of digital transformation. At the same time, opportunities are manifold for better operational efficiencies and for new business models. New technologies are allowing new opportunities with an eye on improving operational efficiencies and allowance for experiments with new business models. Reliability and asset utilization for utilities continues to hold centerstage. The flip side is for regulatory frameworks to accelerate and match customer expectations. The sector will see a fillip in wind and solar generation, nuclear and coal with tempered growth and natural gas in the reckoning, with a steady growth.

The Oil and gas industry continues to go through periods of volatility, on the back of problems of Iran and Venezuela and Qatar’s exit from OPEC. Natural gas will continue to woo countries like China with an emboldened natural gas infrastructure, maximizing LNG imports, amidst a supply glut.

Following are the top trends in the energy and power industries:

• Penetration of distributed generation • Wind and Solar demand on the rise
• Large scale battery storage & technologies • Behind the meter services ecosystem
• ptick in the Offshore oil & gas activity • Focus on asset integrity through asset life extensions
• Adaptability to regulatory changes • Sustainable glue through clean, modular and renewable energy systems
• New age technologies as the beacon including Automation, Robotics, Remote Monitoring, AI, Blockchain, High Speed Communication & Analytics, among many others
• Digital transformation through SMACI, as the extended fulcrum of global utilities
• The advanced digital transformation of business & operational processes pervades the larger Industry 4.0 applications
• Leveraging of e-commerce platforms entailing subscription based electricity services

The webinar would also highlight the impact of the developments, regulations and technology upheavals and impact of each of the above trends on the overall market, and on the potential future growth.

MarketsandMarkets™ is delighted to invite you to an exclusive webinar titled “Upcoming Trends in Energy & Power,” which will be hosted on March 28, 2019, from 11:00 am to 12:00 pm EST. Please join our industry experts (Rajiv Roychaudhuri & Ashutosh Pathania)—as they discuss the importance of the energy and power industries and their hot trends, and also touch upon what is driving the respective sectors, which is, in turn, enabling various business organizations to accelerate and align their corporate vision and business goals.

Specific insights you will get:

• What are the key trends and opportunities impacting the energy and power businesses, globally?
• How is the click and mortar technologies building on the brick and mortar technologies, and readiness of industry stakeholders?
• What are the major developments across the energy & power industries and how these developments are impacting them?
• How will the regulations impact the overall market and how would the industry be able to handle it?
• What to expect from the key trends in the near future?

Register now and get an opportunity to learn from the leading industry analysts. The event would be concluded by a one-on-one Q&A session.