{"id":4497,"date":"2020-09-06T20:13:27","date_gmt":"2020-09-06T20:13:27","guid":{"rendered":"http:\/\/www.medsolenergy.com\/?page_id=4497"},"modified":"2020-10-06T11:42:15","modified_gmt":"2020-10-06T11:42:15","slug":"global-power-sector-overview","status":"publish","type":"page","link":"http:\/\/www.medsolenergy.com\/?page_id=4497","title":{"rendered":"Global Power Sector Overview"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;Seasonal Collection&#8221; module_id=&#8221;gl&#8221; _builder_version=&#8221;4.6.1&#8243; background_color=&#8221;#264059&#8243; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_start=&#8221;#1f9346&#8243; background_color_gradient_end=&#8221;rgba(38,64,89,0)&#8221; background_color_gradient_direction=&#8221;90deg&#8221; background_color_gradient_start_position=&#8221;30%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_image=&#8221;http:\/\/www.medsolenergy.com\/wp-content\/uploads\/2020\/09\/23509-scaled.jpg&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;9.4%|0px|3.1%|0px||&#8221; locked=&#8221;off&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.6.1&#8243; _module_preset=&#8221;default&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.1&#8243; _module_preset=&#8221;default&#8221;][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;||||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#2b2b2b&#8221; header_line_height=&#8221;1.3em&#8221; header_2_font=&#8221;ltb|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#ffffff&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;center&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||0px|||&#8221; locked=&#8221;off&#8221;]<\/p>\n<h2><strong>Global Power Sector<\/strong><\/h2>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.1&#8243; _module_preset=&#8221;default&#8221;][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;About Us &#8221; _builder_version=&#8221;3.22&#8243; custom_padding=&#8221;100px|0px|60px|0px||&#8221; locked=&#8221;off&#8221;][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.6.1&#8243; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; background_color_gradient_direction=&#8221;35deg&#8221; custom_padding=&#8221;|60px||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;||||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#2b2b2b&#8221; header_line_height=&#8221;1.3em&#8221; header_2_font=&#8221;ltb|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#2b2b2b&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;center&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||0px|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221;]<\/p>\n<h2><strong>Emerging Markets are Leading Demand for Power<\/strong> <strong>Generation<\/strong><\/h2>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;#f58120&#8243; divider_position=&#8221;center&#8221; divider_weight=&#8221;3px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;3.2&#8243; max_width=&#8221;50px&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;|326px||||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;ltb_reg||||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.4)&#8221; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;1.9em&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;||||||||&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;-20px||30px|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221;]<\/p>\n<p style=\"text-align: justify;\">Emerging markets are expected to lead demand growth, driven by economic and population upward dynamics and increased electrification, mainly in Asia, Africa, the Middle East, and Latin America In contrast, most of the developed countries are experiencing a decline in demand due to slowing economic growth, efficiency gains, growing demand-side management, and with the advent of energy-saving technologies. Mainly African countries have the real potential for energy.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.1&#8243; background_color=&#8221;#1f9346&#8243; background_color_gradient_direction=&#8221;115deg&#8221; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;http:\/\/www.medsolenergy.com\/wp-content\/uploads\/2020\/09\/photo-1573486288644-777b72c60c4d.jpg&#8221; title_text=&#8221;photo-1573486288644-777b72c60c4d&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.6.1&#8243; custom_margin=&#8221;-40px|40px|40px|-40px&#8221; custom_padding=&#8221;|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;right&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; box_shadow_style=&#8221;preset3&#8243; box_shadow_horizontal=&#8221;13px&#8221; box_shadow_vertical=&#8221;42px&#8221; box_shadow_blur=&#8221;45px&#8221; box_shadow_spread=&#8221;-3px&#8221; box_shadow_color=&#8221;rgba(0,0,0,0.1)&#8221; always_center_on_mobile=&#8221;off&#8221;][\/et_pb_image][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.6.1&#8243; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.1&#8243; background_color=&#8221;#253847&#8243; background_color_gradient_direction=&#8221;51deg&#8221; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;http:\/\/www.medsolenergy.com\/wp-content\/uploads\/2020\/09\/18191-1-scaled.jpg&#8221; title_text=&#8221;Engineer solar photovoltaic panels station checks with tablet co&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.6.1&#8243; custom_margin=&#8221;-40px|40px|40px|-40px&#8221; custom_padding=&#8221;|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;left&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; box_shadow_style=&#8221;preset3&#8243; box_shadow_horizontal=&#8221;13px&#8221; box_shadow_vertical=&#8221;42px&#8221; box_shadow_blur=&#8221;45px&#8221; box_shadow_spread=&#8221;-3px&#8221; box_shadow_color=&#8221;rgba(0,0,0,0.1)&#8221; always_center_on_mobile=&#8221;off&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; background_color_gradient_direction=&#8221;35deg&#8221; custom_padding=&#8221;|60px||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;||||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#2b2b2b&#8221; header_line_height=&#8221;1.3em&#8221; header_2_font=&#8221;ltb|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#2b2b2b&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;center&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||0px|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; locked=&#8221;off&#8221;]<\/p>\n<h2><strong>Technology is leaning towards renewable energies<\/strong><\/h2>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;#f58120&#8243; divider_position=&#8221;center&#8221; divider_weight=&#8221;3px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;3.2&#8243; max_width=&#8221;50px&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;|326px||||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;ltb_reg||||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.4)&#8221; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;1.9em&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;||||||||&#8221; module_alignment=&#8221;center&#8221; min_height=&#8221;298px&#8221; custom_margin=&#8221;-14px||30px|||&#8221; locked=&#8221;off&#8221;]<\/p>\n<p>There is a major global shift towards renewable energy sources as renewable energy has increasing efficiencies. It is projected that solar will be the dominant technology within the renewable market space. In conventional power generation, gas is projected to drive future capacity growth because it is capable of providing a quick and clean source of baseload capacity and growing rapidly due to environmental challenges for coal and nuclear technologies.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.6.1&#8243; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||&#8221; locked=&#8221;off&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; background_color_gradient_direction=&#8221;35deg&#8221; custom_padding=&#8221;|60px||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;||||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#2b2b2b&#8221; header_line_height=&#8221;1.3em&#8221; header_2_font=&#8221;ltb|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#2b2b2b&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;center&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||0px|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221;]<\/p>\n<h2><strong>Greenfield <\/strong><strong>Energy <\/strong><strong>Developments in Emerging Markets<\/strong><\/h2>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;#f58120&#8243; divider_position=&#8221;center&#8221; divider_weight=&#8221;3px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;3.2&#8243; max_width=&#8221;50px&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;|326px||||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;ltb_reg||||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.4)&#8221; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;1.9em&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;||||||||&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||30px|&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221;]<\/p>\n<p>Most of the new greenfield developments are expected to derive from emerging economies. \u00a0Governments are increasingly seeking private sector participation in the power sector to meet demand especially in emerging markets, where the unbundling of vertically integrated government-owned entities is underway.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.1&#8243; background_color=&#8221;#ef4823&#8243; 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_builder_version=&#8221;4.6.1&#8243; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||&#8221; locked=&#8221;off&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.6.1&#8243; background_color=&#8221;#253847&#8243; background_color_gradient_direction=&#8221;51deg&#8221; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;http:\/\/www.medsolenergy.com\/wp-content\/uploads\/2020\/09\/OGMT7V0-scaled.jpg&#8221; title_text=&#8221;Business man holding light bulb&#8221; align=&#8221;center&#8221; _builder_version=&#8221;4.6.1&#8243; custom_margin=&#8221;-40px|40px|40px|-40px&#8221; custom_padding=&#8221;|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;left&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; box_shadow_style=&#8221;preset3&#8243; box_shadow_horizontal=&#8221;13px&#8221; box_shadow_vertical=&#8221;42px&#8221; box_shadow_blur=&#8221;45px&#8221; box_shadow_spread=&#8221;-3px&#8221; box_shadow_color=&#8221;rgba(0,0,0,0.1)&#8221; always_center_on_mobile=&#8221;off&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; background_color_gradient_direction=&#8221;35deg&#8221; custom_padding=&#8221;|60px||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;||||||||&#8221; header_font=&#8221;||||||||&#8221; header_text_align=&#8221;left&#8221; header_text_color=&#8221;#2b2b2b&#8221; header_line_height=&#8221;1.3em&#8221; header_2_font=&#8221;ltb|700|||||||&#8221; header_2_text_align=&#8221;left&#8221; header_2_text_color=&#8221;#2b2b2b&#8221; header_2_font_size=&#8221;36px&#8221; header_2_line_height=&#8221;1.5em&#8221; text_orientation=&#8221;center&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||0px|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; locked=&#8221;off&#8221;]<\/p>\n<h2><strong>The Smart Energy Revolution<\/strong><\/h2>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;#f58120&#8243; divider_position=&#8221;center&#8221; divider_weight=&#8221;3px&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;3.2&#8243; max_width=&#8221;50px&#8221; module_alignment=&#8221;left&#8221; custom_margin=&#8221;|326px||||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; saved_tabs=&#8221;all&#8221; locked=&#8221;off&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;ltb_reg||||||||&#8221; text_text_color=&#8221;rgba(0,0,0,0.4)&#8221; text_font_size=&#8221;16px&#8221; text_line_height=&#8221;1.9em&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;||||||||&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||30px|&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;10%&#8221; animation_starting_opacity=&#8221;100%&#8221; locked=&#8221;off&#8221;]<\/p>\n<p style=\"text-align: justify;\">As far as the electricity transmission and distribution segments are concerned, the increasing adoption of computing intelligence and networking ability to the existing conventional networks (smart grid solutions) is allowing electric utilities to better control their networks.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; _builder_version=&#8221;4.6.1&#8243; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;|||&#8221; locked=&#8221;off&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.25&#8243; background_color_gradient_direction=&#8221;35deg&#8221; custom_padding=&#8221;|60px||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.6.1&#8243; text_font=&#8221;||||||||&#8221; 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