Shubham Jamdade
Bio
Stories (43/0)
The Future of Power: Small Modular Reactors Set for Multi-Module Power Plants and Grid Connectivity
Primary differences in small modular reactors (SMRs) in comparison with larger nuclear power plants are their low power output (typically below 300 MWe per unit), modularity, and integrated design. Older generations of nuclear power plants are large and require huge amount of capital and construction time. Moreover, installation location of nuclear reactor is far away from large power grid system, which led to increase in cost. Hence, setting up a nuclear reactor is not feasible in remote locations, thus paving for the development of smaller nuclear reactors. Small modular reactors have smaller footprints and as they are prefabricated in factories, constructing them takes less time and cost. In addition, SMRs can be readily installed in brownfield sites in place of decommissioned coal-fired plants. The small modular reactor market was valued at $5.8 billion in 2022, and is estimated to reach $13.4 billion by 2032, growing at a CAGR of 8.7% from 2023 to 2032.
By Shubham Jamdade3 months ago in Futurism
Solar Charger Technology: Harnessing Sunlight for Portable Power
Solar chargers are devices that use the sun's energy to produce electricity to ensure electronics may be charged. These chargers transform sunlight into electrical energy and store it in batteries or use it to directly charge electronics. They are typically fitted with photovoltaic panels. They provide a renewable and off-grid power source, which makes them suitable for travel and outdoor activities. The solar charger market was valued at $575 million in 2022, and is estimated to reach $1,849 million by 2032, growing at a CAGR of 12.5% from 2023 to 2032.
By Shubham Jamdade3 months ago in Futurism
Plastic Optic Fiber (POF): Revolutionizing Data Transmission
Plastic optic fiber is a specialized and innovative technology used for transmitting data, light, or signals in the form of pulses of light through thin, flexible, and transparent fibers made typically from polymer. These fibers are designed to carry information across vast distances with minimal loss and maximum speed which make them a cornerstone of modern telecommunications and networking systems. The plastic optic fiber market size was valued at $5.0 billion in 2022, and is estimated to reach $11.4 billion by 2032, growing at a CAGR of 8.6% from 2023 to 2032.
By Shubham Jamdade3 months ago in Futurism
Temperature Controlled System Innovations for Industrial Applications
One of the key roles of a Temperature Controlled System (TCS) is to monitor temperature conditions using sensors strategically positioned in the surroundings or on the equipment. These sensors continually gather data on temperature differences and relay it to the central control unit in real time. The control unit, which is equipped with powerful algorithms, analyses this data, and compares it to the predefined setpoint. If any deviation from the desired temperature range is detected, the control unit initiates the appropriate corrective action to return the system to the desired state. Implementing a temperature controlled system is particularly important in businesses where accuracy is critical. A TCS, for example, guarantees that storage facilities maintain the proper temperature to protect the integrity of the goods in pharmaceutical manufacture, where the efficacy of some pharmaceuticals is largely reliant on storage conditions. All these factors are anticipted to drive the temperature controlled system market growth in upcoming year. The temperature controlled system market size was valued at $1.8 billion in 2022, and is estimated to reach $2.5 billion by 2032, growing at a CAGR of 3.9% from 2023 to 2032.
By Shubham Jamdade3 months ago in Futurism
Explosive Surge in Demand for Electrolyzer Ignites a Green Energy Revolution - Explore
Electrolysis is a process that uses an electric current to drive a non-spontaneous chemical reaction. It is commonly employed to break down compounds into their consistent elements or ions, typically to decompose water into hydrogen and oxygen. A device that is used to facilitate the process of electrolysis is called an electrolyzer. It typically consists of an electrolyte solution, electrodes i.e. anode (positive charge) and cathode (negative charge) and an external power source.
By Shubham Jamdade3 months ago in Futurism
Global Generator Industry: An Overview of Dynamic Technological Advancements and Trends
Generator plays a vital role in the present era, providing emergency power during power outages and power generation in remote locations. Generators transform mechanical energy into electrical energy. Generators are used to generate electricity for a wide range of applications, from powering homes and businesses to providing power in remote areas and during emergencies. Generators are made up of prime movers, motors, stators, magnetic fields, and external terminals.
By Shubham Jamdade3 months ago in Futurism
Powering the Future: The Rise of Grid Scale Battery Technology
In the last few years, grid scale battery technology has become a significant factor in the pursuit of reliable and effective power storage. As we move towards a future focused on clean energy, it is predicted that the grid scale battery sector will play a key role in promoting the widespread use of renewable energy. This will have a transformative impact on electricity generation and consumption practices.
By Shubham Jamdade3 months ago in Futurism
Innovation Sparks Green Revolution: Clean Hydrogen Market Forecast to Skyrocket
Clean hydrogen is the form of hydrogen that is produced through processes that result in lower carbon emissions (through carbon capture, storage, and utilization (CCUS)) or zero carbon emissions. Climate change and net-zero commitments are major reasons for the shift from fossil fuels to alternatives such as synthetic fuels, renewables, nuclear fusion energy, clean hydrogen, and others. Several advanced hydrogen technologies are being developed and countries are positioning themselves to become hydrogen superpowers. The clean hydrogen market was valued at $3.8 billion in 2022, and is estimated to reach $18.3 billion by 2032, growing at a CAGR of 14.8% from 2023 to 2032.
By Shubham Jamdade4 months ago in Futurism
Heat Pump Market: Current Insight with Future Aspect Analysis
Heat pump is a mechanical-compression cycle refrigeration system that can be reversed to either heat or cool desired space. It has main four components, which include condenser, expansion valve, evaporator, and compressor. When heat is transferred through these four components it is known as refrigerant. Heat pumps are mainly used in heating, ventilation, and air conditioning (HVAC) applications, but are different from furnace and air conditioners. The global heat pump market size was valued at $55.2 billion in 2018 and is projected to reach $99.6 billion by 2026, growing at a CAGR of 7.74% from 2019 to 2026.
By Shubham Jamdade4 months ago in Futurism
Wave Energy Market: Deep Research Study with Forecast to 2027
The global wave energy market was valued at $43.8 million in 2019, and is projected to reach $141.1 million by 2027, growing at a CAGR of 17.8% from 2020 to 2027. Wave energy is the one of the renewable energies extracted from the ocean source, other being tidal currents, tidal range, biofuels from marine biomass and others. Wave energy converters are used to convert kinetic and potential energy of ocean waves into electricity. Wave energy possesses various advantages such as renewable, eco-friendly, wide availability, reliability and others. Wave energy has great potential among the all forms of renewable energy in the future.
By Shubham Jamdade4 months ago in Futurism
Turbocharging Renewables: Offshore Wind Farms Set to Transform Energy Landscape
The demand for renewable sources of energy is increasing, owing to less prevalence of environmental hazards and efficient outputs. Thus, increase in demand for efficient and cost-effective power generation techniques, such as offshore wind energy, poses lucrative opportunities for players in the global offshore wind energy market.
By Shubham Jamdade4 months ago in Futurism
Energy Revolution Underway as Gas Turbines Lead the Charge in Decarbonizing Power Generation
A gas turbine, commonly known as a combustion turbine, is a versatile and efficient device that converts energy from fuel into mechanical energy through the combustion process. This technology is widely employed for various applications, including power generation, aviation, and industrial processes. Gas turbines consist of a compressor, combustion chamber, and turbine, working together to compress air, mix it with fuel, and ignite the mixture to produce high-velocity exhaust gases. These gases then drive the turbine, generating mechanical energy that can be used for electricity generation in power plants, propelling aircraft, or driving industrial machinery. Gas turbines are favored for their high power-to-weight ratio, rapid start-up capabilities, and versatility in different operational environments. Continuous advancements in design, materials, and control systems contribute to improving the efficiency, reliability, and environmental performance of gas turbines across diverse industries.
By Shubham Jamdade4 months ago in Futurism