New Energy & Storage

The Energy and Storage industry is undergoing a significant transformation as ambitious research and development teams focus on better ways to produce and store renewable energy. The industry is changing in many segments, including the amount of energy required and efficient ways of storing it.

The adoption of renewable energy sources like solar and wind power has increased significantly in recent years. The cost of producing energy from these sources has decreased, making them more affordable and attractive. Thanks to new energy research, energy storage systems, such as batteries, are becoming more efficient and cost-effective. This has enabled the integration of renewable energy sources into the power grid, providing reliable and stable power. As one of the most popular climate change solutions, the market for electric vehicles (EVs) is growing rapidly, and many countries have set targets to phase out fossil-fuel-powered vehicles. This has led to the development of more efficient batteries with longer ranges, making EVs more practical for everyday use. Further, the modernization of the power grid has enabled better integration of renewable energy sources and improved energy efficiency. This includes the installation of smart meters, advanced sensors, and automation technologies. Some other research trends in the industry include biodiesel technologies, fuel cell technologies, etc.

Ingenious e-Brain (IeB) assesses the strategic paths and actions focused on the short to long-term horizon, usually ranging from 1 to 20 years down the line. We support our clients in defining their strategic paths for the future through technology, market intelligence, competitive intelligence services, and implementation practices in a pragmatic manner, facilitating decision-making, and translating the strategy into feasible initiatives.