Energy & Power

The Global Energy and Power market is expected to experience a boom in the near future. Countries are increasingly focusing on waste management initiatives and going “Green”, bringing about a change in the way markets view energy and power. Stronger commitments across economies, increasing regulatory compliances and heavy pollution control measures is driving industries to adopt alternative energy sources. Governments across the globe are now placing a strong emphasis on renewable energy projects particularly solar and wind. There is increased focus on better grid management to avoid network losses, and smart metering in both private and public projects. Governments of developing economies are also relaxing norms pertaining to FDI and private investments in renewable projects. Energy management software, virtual audits, bio-based production, and focus on elimination of dependability on conventional resources have played a vital role in shaping the energy and power industry.