Energy Insights Predicts Climate Change Issues to Drive Increased Tech Investment in 2008

Energy Insights, Framingham, Mass., announced the release of its annual Worldwide Energy Industry 2008 Top 10 Predictions.

03/01/2008


Energy Insights, Framingham, Mass., announced the release of its annual Worldwide Energy Industry 2008 Top 10 Predictions. According to the study, climate-focused energy policies, consumer and business concern with climate change, and increasing attention by investors in sustainability will drive energy companies to increase their investments in a range of technologies including:

  • IT systems to measure and manage a company's carbon footprint

  • Software applications to enable participation in carbon trading markets

  • Renewable energy technologies, especially wind, but also central solar

“In an environment of increasing energy demand, rising and volatile energy prices, and policymaker concern over energy independence and security, we predict that energy companies will increase their technology investments to enable initiatives from smart metering and the intelligent grid to enhanced reservoir characterization and higher fidelity seismic imaging,” said Rick Nicholson, vice president of Research, Energy Insights.

Key predictions presented and analyzed in this study include:

  • Intelligent grid initiatives will leverage existing investments and target specific problem areas

  • Renewable energy will compete as a leading source of new electrical capacity in the U.S.

  • Carbon trading markets will begin to take off in North America, eventually surpassing Europe

  • High performance computing will be driven to technical limits by seismic processing demands.

Energy Insights annually identifies the top trends that will heavily influence the direction and magnitude of technology investment, management, and evaluation.





Product of the Year
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
40 Under Forty: Get Recognized
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
MEP Giants Program
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
July 2018
Integrating electrical and HVAC systems, emerging trends in fire, life safety, ASHRAE 90.4
June 2018
Chilled-water system design, NFPA 99, Grounded power supply systems
May 2018
40 Under 40 winners, fire and life safety, performance-based designs, and more
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
Data Center Design
Data centers, data closets, edge and cloud computing, co-location facilities, and similar topics are among the fastest-changing in the industry.
click me