The utility sector is on the verge of a dramatic transformation. As per new environmental regulations, the industry must achieve net zero emissions by 2035. The combined pressure from investors and regulators, coupled with economic conditions that favor clean energy, is forcing utilities to rethink traditional business models with the help of novel technologies.
On that note, the global emission management solutions market size is expected to reach USD 25.43 billion by 2027, growing at a CAGR of 17.5 percent over the forecasted period. The market growth can be mainly attributed to the rise in the adoption of advanced 3-way catalytic mufflers and diesel oxidation catalysts systems that assist utilities in all compression and spark-ignited engine emission control.
Taking note of these fleet-footed industry developments, this edition of Utilities Tech Outlook brings forth the key developments in the utilities emission management solutions space that are transforming the way the industry will operate in the coming days. It features thought leadership articles from Chris Hudson, Associate Waste and Resources Consultant at Stantec, who underlines the need to incentivize the adoption of carbon capture usage and storage technologies, which helps in effective emission control with an overall reduction in maintenance cost.
The edition also contains opinions of Catherine Schladweiler, P.E. Principal, Environmental Policy and Sustainability, Tucson Electric Power, who highlights the role of new water-efficient, natural gas-fired reciprocating internal combustion engines that reduce nitrogen di-oxide emissions up to 60 percent.
Together with these critical insights from industry experts, the edition presents the topmost utility emission management solutions from the most promising companies on the rise, including Rondo Energy, a company that is offering Rondo Heat Battery for converting intermittent wind and solar power into a simple, safe, practical, efficient, and affordable supply of continuous industrial heat and power—all while reducing operating costs.
We hope this edition will help you find the right utilities management solution provider that will empower you to achieve sustainability goals with maximum efficiency.
