News analysis from Frost & Sullivan (F&S) finds that Asia will be the main focus area for coal fired investment in the coming decade and beyond. The region's projected growth in electricity demand, coupled with low production costs, is expected to make it attractive for both domestic and global investors.
Innovative developments in the European stationary fuel cell market are shaping an optimistic future for the industry, and there is a growing interest in many European countries to adopt this ‘zero-emission technology across various applications. Boosted by this need of sustainable solutions, the fuel cell market is transitioning from validation to the pre-commercialization stage.
The T&D market is clearly in the ascendancy, and the future of the industry is looking bright, with governments, regulatory bodies and major industry players all focused on the development a grid system that can match the world’s changing generation and consumption landscape – commonly referred to as the Smart Grid.