Digitalization of power generation, driven by its proper funding and consumer support, has begun strengthening power plant technologies. A fully digitized power plant will focus on optimizing performance in real-time and operating in a safe and stable manner—supported by automated reporting, guided issue resolution, and digitalized controls.
Mobile devices are increasingly helping standardize and automate documentation. In addition, inspection times are being reduced with radio-frequency identification (RFID), which can send automated push notifications about equipment performance and repair history. Processes are also supported by IT with real-time monitoring of key performance indicators.
With these trends in place, the global power generation market expects growth at a CAGR of 5.2 percent to reach $691.4 billion by 2028.
To put the spotlight on many such key developments in the industry, Energy Tech Review illustrates how various industries are leveraging the latest developments in power plant technology. The edition also features thought leadership articles from Panos Koutsourakis, ABS Director, Global Sustainability; Amy Carstens, Director of Transmission Services, Dairyland Power Cooperative; and Grantt Bedford, Director of Safety, Environment and Quality for the United States, Eni. They shed light on various trends in power plant technology and its role in improving the safety, quality, and productivity of industries.
In this edition of Energy Tech Review, we also bring to you the story of some of the top 10 power plant tech providers that deliver the best outcomes for their clients. In the list, Aksa Power Generation particularly stands out as an unparalleled manufacturer of a wide range of generators. The list also comprises Certrec for its regulatory and technology solutions to supplement the energy industry.
Through the following pages, we aim to shine a light on the innovative trends and latest developments in the power plant tech industry. We would like to know your thoughts.
