Viscofan’s Post

What lessons can other markets learn from GB's battery growth? Next week, I'll present this at the Axpo Nordic Forum in Copenhagen. One conversation comes up a lot with financiers, and it's about the history of battery market entry. 📈 Why are revenues higher in 2022? What happened? A simple answer is the Russian invasion of Ukraine and the corresponding gas crisis - this is correct. There is another key theme: competition. 1️⃣ In Phase 1 of battery market entry, batteries provide frequency response services. This is a relatively easy service for batteries, and they undercut thermal plant, earning a premium. Once GB had more batteries than needed for frequency services (a c. 1.5GW requirement in 2024), this premium goes as storage competes with storage. 2️⃣ In Phase 2, batteries look for the next best market. In GB, this is wholesale trading and balancing flexibility in the control room. Here, batteries compete with other forms of flexibility in charging and discharging prices. Crucially, the depth of this market is linked to the total flexibility need, e.g., 70-80GWh per day in 22/23. Why does this matter? For markets with rapidly growing storage fleets - keep the focus on Phase 2. As flexibility requirements increase and thermal flexible assets retire, Phase 2 is the business case for a 2050 investment case.

In recent years, the sales of new energy vehicles have continued to grow, especially in the Chinese market. According to data, sales of new energy vehicles in China reached 4.944 million units in the first half of 2024, a year-on-year increase of 32%. This growth trend not only reflects consumers' increasing acceptance of new energy vehicles, but also reflects the broad prospects of the new energy vehicle market. The share of China's new energy vehicles in the global market is also constantly increasing. This is due to the Chinese government's strong support for the new energy vehicle industry and the technological innovation and product upgrades of domestic companies. At the same time, China's new energy vehicles are becoming increasingly competitive in the international market, with exports rising year by year.

Supercapacitor Market Size To Worth USD 27.7 Billion By 2032 | CAGR of 19.5%: The global supercapacitor market size reached USD 5.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 27.7 Billion by 2032, exhibiting a growth rate (CAGR) of 19.5% during 2024-2032. Global Supercapacitor Industry: Key Statistics and … Continue reading → #ElectronicsSemiconductors #ManufacturingIndustry

centrotherm international AG looks back on a very satisfactory 2023 financial year. As the Group’s earning power was significantly strengthened by the substantially increased share of business with the #semiconductor industry, the Management Board sees this as confirmation that it is on the path to sustainably profitable business development. centrotherm succeeded in significantly increasing consolidated earnings before interest, tax, depreciation and amortization (EBITDA) from EUR 16.2 million to EUR 19.0 million, thereby meeting the forecast of positive EBITDA in the low double-digit million euro range. This also applies on the basis of the adjusted EBITDA of EUR 15.9 million. In the 2023 financial year, there was a revaluation of centrotherm’s reimbursement claim from the former major project in Algeria (EUR 3.1 million). Consolidated net income increased significantly from EUR 13.0 million to EUR 18.7 million, which equates to improved earnings per share of EUR 0.88 (2022: EUR 0.62).

𝐒𝐭𝐞𝐚𝐦 𝐓𝐮𝐫𝐛𝐢𝐧𝐞 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐨𝐫 𝐒𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐. 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 This comprehensive report offers a detailed analysis of the global steam turbine generator set market, presenting both quantitative and qualitative insights categorized by manufacturers, regions, countries, types, and applications. Examining the evolving market landscape, the report delves into competitive dynamics, supply-demand trends, and key drivers shaping demand across various markets. It includes company profiles and product illustrations of selected competitors, accompanied by market share estimations for leading players in 2024. Segmented by type and application, the report provides accurate forecasts for consumption values from 2024 to 2032, aiding businesses in targeting specialized niche markets for expansion. 𝐓𝐨 𝐊𝐧𝐨𝐰-𝐓𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐢𝐳𝐞 𝐀𝐧𝐝 𝐃𝐞𝐦𝐚𝐧𝐝 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐞𝐚𝐦 𝐓𝐮𝐫𝐛𝐢𝐧𝐞 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐨𝐫 𝐒𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭.𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗳𝗼𝗿 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙: https://lnkd.in/diBEaaYe *𝗕𝘆 𝗧𝘆𝗽𝗲: Below 30MW, 30MW-1000MW, Above 1000MW *𝗕𝘆 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻: Power Plant, Ship, New Energy, Other *𝗕𝘆 𝗥𝗲𝗴𝗶𝗼𝗻𝘀: North America, Europe, Asia-Pacific, South America, Middle East & Africa *𝗕𝘆 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀: Ebara Corporation, DEC Dongfeng Machinery Co., Ltd., Hitachi , Shanghai Electric Group Co., Ltd, SEC Electric Machinery #steamturbinegeneratorset, #marketanalysis, #manufacturers, #regions, #countries, #types, #applications, #competition, #supply, #demand, #trends, #forecasts, #consumptionvalues, #growth, #nichemarkets.

The global industrial valve market is expected to experience significant growth due to the increasing demand for efficient flow control solutions in the energy sector. The SNS Insider report estimates that the industrial valve market size will be valued at 79.86 billion USD in 2023. The market is projected to reach 114 billion USD by 2031, growing at a CAGR of 4.52% during the forecast period of 2024-2031. These projections make us optimistic and ready to embrace our industry's challenges. We firmly believe that research is the path to growth.

Market Intellix (MI) published a new report, titled, "Lithium Ion Battery Electrolyte Market." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain a competitive advantage. #LithiumIonBattery #BatteryElectrolyte #EnergyStorage #BatteryTechnology #EVBatteries #RenewableEnergy #BatteryInnovation #ElectrolyteMarket #EnergySolutions #GreenTech #marketanalysis #markettrends #southkorea #researchreport #marketreport #marketforecast  #marketgrowth #businessinsights #industryanalysis  #marketoutlook #growthprojections #marketstatistics 

📊#WeeklyPriceBrief | 𝐓𝐡𝐢𝐬 𝐰𝐞𝐞𝐤'𝐬 𝐩𝐫𝐢𝐜𝐞𝐬 𝐟𝐨𝐫 𝐓𝐨𝐩𝐜𝐨𝐧 𝟏𝟖𝟐𝐦𝐦 𝐦𝐨𝐝𝐮𝐥𝐞𝐬 𝐫𝐞𝐦𝐚𝐢𝐧 𝐬𝐭𝐞𝐚𝐝𝐲 𝐚𝐜𝐫𝐨𝐬𝐬 𝐚𝐥𝐥 𝐫𝐞𝐠𝐢𝐨𝐧𝐬, 𝐬𝐡𝐨𝐰𝐢𝐧𝐠 𝐧𝐨 𝐜𝐡𝐚𝐧𝐠𝐞𝐬 𝐟𝐫𝐨𝐦 𝐥𝐚𝐬𝐭 𝐰𝐞𝐞𝐤. ◻ The average price in the European market is 0.11 USD/W. ◻ In the U.S., prices hold steady at 0.29 USD/W. ◻ In India, the price for Topcon 182mm modules is 0.13 USD/W this week. ◻ In China: For distributed projects, the price remains at 0.72 CNY/W. The average price for centralized projects is 0.69 CNY/W. Stay tuned for next week's tracking update! #SolarMarket #PriceTrends #TopconModule #RenewableEnergy #Index #PVModuleData #Europe #US #China #India  

DG ENER released its highly anticipated 2022 study on energy prices and costs in Europe, shedding light on crucial insights for the industry. 🌍   📑 This study, based on a comprehensive study done by Trinomics, highlights the challenges faced by various sectors, with a particular focus on the primary #aluminium industry.   Energy-intensive sectors, including primary aluminium, were hit by soaring electricity and natural gas costs, with the energy cost share skyrocketing to 34.3%. The study underscores the critical role of energy costs in determining competitiveness, especially considering the aluminium industry’s exposure to international trade dynamics. 📈 Despite a notable decrease since the end of 2022, wholesale electricity and gas prices remain significantly higher than pre-crisis levels, posing ongoing challenges for industries across Europe. Companies from Secondary aluminium and Downstream aluminium segments reported raising their product prices as a measure to deal with the increased prices of energy, raw material, transport and logistics. For Downstream aluminium plants, this has further reduced demand for their product.   🔄 The study emphasises the need for strategic measures to address energy price volatility and enhance competitiveness in the face of evolving market dynamics. 📄 Read DG ENER’s study ➡ https://lnkd.in/d8pdAdhz 📄 Read Trinomics study ➡ https://lnkd.in/dkZhakaf   #energyprices #competitiveness 

Carbon & Graphite Felt Market Growth Analysis, Size, Opportunities, Leading Manufacturers, Share, Trends, Key Segmentation, Regional Analysis, and Forecast to 2029: Browse 318 market data Tables and 53 Figures spread through 241 Pages and in-depth TOC on “Carbon & Graphite Felt Market” The Carbon & Graphite Felt Market is expanding due to rising demand in aerospace, automotive, and energy sectors. Top … Continue reading → #Business #Europe #ManufacturingIndustry #UK #US