The German Fraunhofer Institute for Energy Economics and Energy System Technology IEE and the French Grenoble Ecole de Management perform a study on the use of sulfur hexafluoride gas (SF6) in power distribution grids. The goal of the study is to investigate the environmental and socio-economic impact of SF6 and fluorine gas-free alternatives as the insulating medium in combination with vacuum switching technology in medium voltage switchgear. Siemens will support this study, and further sponsors can take part. The study is also intended to support the COP 21 Paris Agreement as well as industry's commitment to sustainability.
Key data points: The growth forecast = 6.6% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in smart oilfield market to 2031 by component (hardware, software, and services), technology (internet of things, artificial intelligence & machine learning, cloud computing, data analytics, and automation & remote monitoring), application (upstream activities, midstream activities, and downstream activities), end use (independent oil & gas operators, national oil companies, international oil companies, service companies, government & regulatory bodies, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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