Nuclear power plants differ from fossil power plants mainly in the source of heat for converting water into steam, which is subsequently used to run the turbine and produce electricity. In addition, the source of heat is nuclear fission (or fusion, in future fusion reactors), while in the latter, it is the combustion of the …
Category Archives: Energy and Power
Shale Gas Market Progresses for Huge Profits during 2030
Shale gas refers to natural gas that is trapped within shale formations. Shales are fine-grained sedimentary rocks that can be rich sources of petroleum and natural gas. The combination of two production techniques includes horizontal drilling and hydraulic fracturing which has allowed access to large volumes of shale gas, which were previously uneconomical to produce. …
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Oil Shale Market to Witness Exponential Growth by 2030
Oil shale is an organic-rich rock, which contains a solid mixture of organic chemical compounds known as kerosene. From these organic compounds, liquid hydrocarbons, such as shale oil, are produced. Oil shale is a substitute for conventional crude oil and is increasingly used, owing to its low cost of extraction. As per the 2016 estimate, …
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Natural Gas Liquids Market to Partake Significant Development during 2030
Natural gas liquids (NGLs) are a group of hydrocarbons that includes ethane, propane, butane, isobutane, and natural gasoline. NGLs are differentiated from one another by the number of carbon atoms in their molecular chain. They have a wide variety of applications from specialized fuels (e.g., propane, butane) to petrochemical feedstocks for making products like plastic …
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Offshore Mooring Market to Witness Comprehensive Growth by 2030
Offshore mooring is the process or act of tying a floating structure or ship to a submerged anchoring point. The offshore mooring system is made up of a mooring line, anchor & connectors, and mooring layout, and is used for station keeping of a ship or floating platform in all water depths. The offshore mooring …
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Frequency Converter Market to Witness Exponential Growth by 2031
Frequency converters are electronic devices used in various applications including generation, transmission, distribution, and use of electrical energy. They can control frequency, power, and voltage and improve the efficiency of the equipment or machines such as motors, pumps, fans, and others. They offer advantages such as reduction in maintenance cost, increase in the lifetime of …
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Bifacial Solar Market Showing Impressive Growth during Forecast Period 2021 – 2031
Bifacial solar panels are the latest technology designed with high-efficiency solar cells installed on both sides of a module to produce electricity at the same time. It can capture light as it reflects off the roof or ground surface under the panel and absorbs light from the rear and front sides, allowing diffused light to …
Thermal Protector Market to Record Sturdy Growth by 2031
A thermal protector is a device, which protects the motor, compressor, and transformer of electronics from raised temperatures. It disconnects the current at preset temperatures and re-establishes the current when the temperatures return to normal. According to the International Energy Agency, worldwide energy utilization increased by 4.6% in 2021, twice the normal rate in 2018. …
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Smart Solar Power Market to Undertake Strapping Growth during 2031
Solar energy is one of the most efficient ways of generating power because solar energy is renewable energy and offers a big contribution to reducing carbon emissions and thereby ensuring a sustainable energy future. Solar energy can be utilized for heating, cooling, lighting, transportation, and various other applications; this varied utilization of solar energy also …
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Variable Frequency Drive Market to Surge at a Robust Pace in Terms of Revenue Over 2031
Variable frequency drive (VFD) is an electrical equipment that is used with electric motors, which change the applied voltage supplied to the motor. It helps to control the operating speed to reduce energy consumption. Variable frequency drive market players have undergone digitization to monitor the functioning of speed and thus improve their overall efficiency. Rapidly …