Global HV switchgear market to expand rapidly through 2030
Grid operators are increasingly adopting digital substations, intelligent monitoring, and SF₆-free technologies to boost reliability, cut lifecycle emissions, and meet rising electricity demand across industrial and urban networks. According to GlobalData, as utilities ramp up investment in transmission infrastructure, grid modernisation, and renewable energy integration, the global high-voltage (HV) switchgear market is forecast to expand rapidly […]
Growth in Europe’s green economy signals rising demand for energy efficiency and sustainable estates
Employment in Europe’s environmental economy has grown significantly over the past decade, underlining the increasing importance of energy efficiency and sustainability for estates and facilities managers across both public and private sectors. New data from Eurostat shows that green jobs in the EU rose from 3.6 million in 2014 to 5.8 million in 2023, an […]
European real estate portfolios face mounting energy performance risks as costs surge
Poor energy performance across commercial real estate portfolios is already impacting asset values, operating costs and long-term risk, creating urgent challenges for facilities management and energy leaders across Europe. New research from re:sustain, based on a survey of 200 institutional asset managers overseeing €296 billion in assets, reveals the scale of the issue. More than […]
Renewables surge towards half of EU electricity mix
Renewable energy is continuing to reshape Europe’s power landscape, with new Eurostat figures showing that close to half of all electricity generated across the EU now comes from renewable sources. According to the latest data, renewables accounted for around 47% of EU electricity generation in 2024, underlining the rapid shift away from fossil fuels and […]
Green hydrogen to take 88.6% share of low-carbon production by 2030
Low‑carbon hydrogen production grew slowly for years and was largely flat until recently. However, the trend has changed in the past couple of years, with production increasing to 0.84 million tonnes per annum (mtpa) in 2024. The low-carbon hydrogen production capacity is anticipated to reach 65.3mtpa in high case scenario and 42mtpa in low case scenario […]
Can the sea help provide AI with its energy demands?
Oceans and space offer abundant cooling, energy, and deployment flexibility, positioning them as the next frontier for data centre infrastructure. That’s according to research from GlobalData, a leading data and analytics company, which says the growing popularity of artificial intelligence (AI), cloud services, and digital applications is driving unprecedented demand for computing power, placing huge pressure […]
Global demand for solar PV modules and inverters to reach $115.8bn by 2030
The global solar PV modules and inverters market is forecast to reach $115.8 billion by 2030, largely driven by the Asia-Pacific (APAC) region with its strong policy initiatives, ambitious renewable energy targets, large-scale investments, rapid urbanisation, declining technology costs, and expanding solar manufacturing and innovation in major economies. GlobalData’s latest report, Solar PV Modules and Inverters Market […]
Data centres face ‘challenge’ on AI and sustainability
With AI driving unprecedented growth in capacity, investment, and infrastructure scale, data centre operators must also address mounting sustainability challenges such as soaring electricity consumption, cooling requirements, and water usage, making innovation in energy efficiency and green technologies increasingly critical. That’s according to GlobalData’s Data Centers report, which reveals that AI workloads are pushing the boundaries of data […]
Carbon offsets demand set for recovery
New research indicates that while the carbon offsets market has experienced a significant slowdown since 2021, primarily due to scandals surrounding project quality and overstated impacts, better news may be around the corner. With net-zero targets becoming non-negotiable for governments and corporates alike, demand is expected to rebound, driven by a shift toward high-quality, removal-based […]
Energy at heart of data centre growth issues
It’s no secret that AI, energy availability and talent shortages are reshaping how the data centre industry builds and operates. As demand continues to grow, expectations are shifting, and the pressure to deliver smarter, more sustainable infrastructure is mounting. BCS, the global data centre consultancy, has compiled an insightful new industry report based on responses from over […]