The world will need greatly increased energy supply in the future, especially cleanly-generated electricity. Electricity demand is increasing twice as fast as overall energy use and is likely to rise by more than two-thirds 2011 to 2035. In 2012, 42% of primary energy used was converted into electricity. Renewable energy sources such as solar and wind are costly per unit of output and are intermittent but can be helpful at the margin in providing clean power as we know Global demand for energy is constantly rising. According to the International Energy Agency, demand for energy is expected to increase by approximately 50% by 2030. Currently, fossil fuels account for more than 80% of demand for primary energy. Global energy consumption is at stake in the long run as reserves would last only until the next decade. Also energy industry is undergoing a sea change with high degrees of freedom in terms of volatility of oil prices in the past 2 years, and is expected to only stay range bound in the near future. The power industry maintains stability in terms of growth through focused energy-efficiency programs, distributed generation, smart metering, and renewable energy schemes. The energy and power sector is influenced by various factors, such as highly volatile oil prices, rise in environmental concerns, and changes in regulations.
At Maximize Market Research measure fluctuations in the energy and power industry which is witnessing on both technological and commercial fronts and forecasts the growth and investment opportunities for the big players in the industry. Our comprehensive market research reports offer manufacturers to develop a clear understanding of various strategies adopted by leading players of the sector. Apart from this, it helps to assess new market opportunities, by offering a detailed account of fast emerging trends and intense data to support.