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Thursday, March 28, 2024
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Pike Research News

26 Dec 2012

Subsea Cables Demand Good News for Supply Sector

More than 1,100 new submarine electricity cable systems are planned from 2012 to 2020, according to a new market research report. The small and highly specialized high-voltage submarine cable market is expected to see significant growth in the coming years. National governments and regional organizations are accelerating efforts to build offshore renewable power generation facilities, link remote landmasses, and interconnect their national grids. According to a recent report from Pike Research , a part of Navigant’s Energy Practice, more than 1,100 new submarine electricity cable systems are planned from 2012 to 2020. “The high-voltage submarine market faces significant challenges moving forward,” says senior research director Bob Gohn.

09 Aug 2012

HV Submarine Cable Market Research Report

Latest Pike Research report focuses on a small & highly specialised market that is due to grow steadily. Demand for submarine cables is growing steadily as national governments and regional organizations pledge their efforts to expanding offshore renewable power generation, linking remote land masses, and interconnecting their national grids. These projects often involve subsea connections or power generation that is found in offshore wind farms. As cable technology advances, more projects are proposed that require longer, deeper, and higher-capacity cables. Even the most conservative growth models show that the industry will expand rapidly, but Pike Research's analysis finds that the supply chain will not be capable of meeting the full demand in this growing market.

25 Jun 2012

Marine & Hydrokinetic Power Holds Promise

Image courtesy of Pike Research

In many ways marine and hydrokinetic power systems offer one of the most promising areas for renewable energy development. Marine and hydrokinetic resources – including ocean waves, tidal streams, river flows, ocean currents, and ocean thermal differences – are abundant, the technology is improving rapidly, and countries that have strong marine resources, such as the United Kingdom, United States, Australia, South Korea, Spain, and Portugal, have committed to supporting the industry. Marine energy, however, still faces significant technology, policy, and financing challenges.