Electrical Industry
How electrification can help industrial companies cut costs | McKinsey: This article discusses the financial and environmental benefits of industrial electrification. It highlights that about 20% of the energy consumed in industry is electricity and explores the potential for industrial companies to adopt electric technologies for their current fuel use. The piece also examines the technological potential of electrifying up to half of the industrial fuel consumption today, using available technologies.
Opportunities from industrial electrification | McKinsey: The focus here is on the opportunities arising from the global energy transition towards electrification. The article outlines the increasing demand for assets like wind and solar systems, heat pumps, battery energy storage systems, electrolyzers, and electric-vehicle charging infrastructure. It also addresses the need for companies to understand and anticipate these developments to capture opportunities along the electrification value chain.
Industry News - Electrical Contractor Magazine: This source provides the most recent news about the electrical construction industry, covering topics such as electric vehicles, wind and solar power, integrated systems, and construction growth.
9 Key Electrical Industry Trends for 2024 - servicetitan.com: The article covers nine significant trends that electrical contractors and marketers should be aware of to build high-converting landing pages and improve business strategies. It also discusses how ServiceTitan can aid electrical companies in adapting to these trends.