Decarbonization in the commercial and industrial (C&I) sector is a critical component of the global energy transition, presenting both significant challenges and massive growth opportunities. It will entail the optimization and electrification of the energy demand while transitioning to low-carbon energy sources. The C&I sector is heterogeneous, which makes it challenging to develop off-the-shelf solutions. However, the sector holds strong potential for achieving decarbonization. The incentives and technologies necessary for immediate action are in place, fueling prospects of accelerated implementation. Increasing environmental regulations and a heightened commitment to sustainability from stakeholders are driving many companies to lower their carbon emissions and adopt cleaner, more efficient energy sources.
This Frost & Sullivan report explores the main areas for C&I businesses to decarbonize, highlighting trends and the key technologies available. Market sizing and forecasts are provided in terms of revenue and annual installed capacity based on what is most suitable for the specific technology. The base year is 2024, and the forecast period is from 2025 to 2035.
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