Blockchain Press Releases
Industrial Electrification to Drive Global Enterprise Electricity Consumption to 14700 Terawatt-hour (TWh) by 2030, 57% of Which Within Asia
NEW YORK, June 22, 2023 /PRNewswire/ — According to global technology intelligence firm ABI Research, enterprise electricity consumption is expected to grow worldwide from 11579 TWh in 2023 to 14704 TWh in 2030, with Asia’s share increasing from 50% to 57% during that same period. Most of this growth will be driven by wide-ranging electrification across industry verticals.
“Both enterprises in general and industries more specifically will see their electricity consumption rise sharply as they embrace and adopt electrification across a wide range of equipment types and form factors including employee and commercial fleet electric vehicles, electric heating, ventilation and cooling systems, AGVs and mobile robots in warehouses and manufacturing plants, and electric heavy equipment and autonomous vehicles deployed at mining sites, ports, airports, and yards,” explains Dominique Bonte, Vice President, Verticals & End Markets at ABI Research.
Industry verticals will increasingly rely on the uninterrupted supply of high-quality electric energy to continuously operate their mission-critical processes, maximizing up-time and associated profitability. Damage to equipment caused by short power interruptions can be avoided through Uninterruptible Power Supply (UPS) systems, allowing for managed shutdowns and critical data saving. For more extended outages, Battery Energy Storage Systems (BESS) can provide longer autonomy, often in conjunction with on-site micro-grids generating energy from renewable sources and providing additional resilience through their inherent independence from public grids.
The following industries are smart energy leaders in terms of electrification and on-site power generation:
- Mining Operations – Electric mining haul trucks (WAE Technologies, Fortescue Metals Group, and Liebherr); DC-DC converters and charging infrastructure; On-site solar farms and battery storage, many of which are powered by Hitachi Energy (Western Australia – Agnew Gold Mine, Sandfire’s DeGrussa’s Mine, Roy Hill Mine Site, Newman; Indonesia – Indo Tambangraya Megah’s Bontang Mine).
- Datacenters – All major data center and cloud operators have committed to full decarbonization by 2030 (Google, Microsoft, IBM) or 2040 (Amazon) via on-site renewable energy generation and/or battery storage to avoid using diesel generators.
- Manufacturing plants, Warehouses, and Supply Chain – Photo-Voltaic rooftop panels and battery storage (Hitachi’s Zhongshan transformer manufacturing base factory featuring 1.2 Megawatts of PV capacity and 1 MW of battery energy storage capacity); hydrogen-powered forklift trucks and material handling equipment; net-zero delivery (Amazon); cold chain for food and pharma.
All major smart energy technology companies, including Siemens, GE, Hitachi, ABB, Honeywell, and Schneider Electric, are actively targeting industry verticals as part of new business expansion strategies over and beyond their legacy client base of energy utilities, hereby enabling enterprises and industries to embark on their own smart energy journey.
These findings are from ABI Research’s Smart Energy for Enterprises and Industries application analysis report. This report is part of the company’s Smart Energy for Enterprises and Industries research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present an in-depth analysis of key market trends and factors for a specific technology.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
[email protected]
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Blockchain Press Releases
Market Needs a Stronger Boost than Trump’s Crypto Strategic Reserve: New Bybit x Block Scholes Crypto Derivatives Report
DUBAI, UAE, March 10, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, released the latest weekly crypto derivatives analytics report with Block Scholes as President Trump signed the executive order to establish a strategic BTC reserve on Thursday.
In the first week of March, crypto market movements suggested traders had digested the positive news and pulled towards bearish territories with a declining S&P 500 and growing skepticism surrounding ETH and SOL. This waning enthusiasm is evidenced by a notable increase in demand for short-term protective options as investors seek to mitigate potential risks in the evolving market landscape.
Key Highlights:
- Stable Funding Rates: Following President Trump’s announcement on Mar. 2, the spot prices of involved cryptocurrencies surged. However, funding rates for these assets have not reached extreme levels, remaining relatively stable compared to highs seen prior to Trump’s inauguration. This suggests a balanced demand for long positions, indicating subdued short interest in the market.
- Volatility in ETH Options: The enthusiasm surrounding ETH was quickly tempered as ongoing tariff discussions contributed to bearish market sentiment. This has resulted in a notable increase in realized volatility, surpassing options-implied levels. As traders seek protection, the market has seen a shift in short-term volatility towards puts, reflecting a cautious outlook.
- Decline in SOL Open Interest: The report also notes a decrease in open interest for Solana options at the end of February. Despite the inclusion of SOL in the proposed crypto reserve, open interest has not seen a corresponding uptick, with a majority of new positions still favoring calls, albeit at a lackluster pace.
Access the Full Report
For detailed insights, readers may download the full report.
#Bybit / #TheCryptoArk /#BybitResearch
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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Blockchain Press Releases
AB is Now Listed on Hotcoin and Set to Launch on Gate, BitMart, Lbank, and Biconomy
SINGAPORE, March 9, 2025 /PRNewswire/ — On March 8, 2025, AB DAO announced that $AB has officially been listed on Hotcoin (hotcoin.com) at 18:00 (UTC+8), further expanding its global trading network and driving AB’s adoption in the Web3 ecosystem. Additionally, $AB is set to be listed on four more major exchanges: Gate (gate.io), BitMart (bitmart.com), Lbank (lbank.com), and Biconomy (biconomy.com), significantly enhancing AB’s global liquidity and ecosystem reach.
AB Trading Details
Trading Pair: AB/USDT
Deposit Opening: March 7, 2025, 12:00 (UTC+8)
Trading Opening: March 8, 2025, 18:00 (UTC+8)
Hotcoin Official Announcement:
https://www.hotcoin.com/zh_CN/support/article/?id=25704168485425152&code=25704168485163008&catalogCode=19112597563772928
AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com)
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
Hotcoin (hotcoin.com)
4E (eeee.com)
Gate (gate.io) (Coming Soon)
BitMart (bitmart.com) (Coming Soon)
Lbank (lbank.com) (Coming Soon)
Biconomy (biconomy.com) (Coming Soon)
The listing of $AB on Hotcoin marks another major step in AB DAO’s global expansion strategy. In the coming months, AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.
AB DAO’s Goal: 100 Million $AB Holders
Now is the time to join the movement—unite, strengthen the community, and drive the expansion of the AB ecosystem. The mission is clear: onboard tens of millions of users and build a decentralized future together.
Stay Updated with AB DAO
Official Website: https://ab.org
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J
View original content:https://www.prnewswire.co.uk/news-releases/ab-is-now-listed-on-hotcoin-and-set-to-launch-on-gate-bitmart-lbank-and-biconomy-302396571.html
Blockchain Press Releases
HASHKEY GLOBAL PARTNERS WITH VERIFYVASP TO EXPAND GLOBAL TRAVEL RULE COMPLIANCE
Strategic partnership strengthens regulatory compliance across HashKey Global’s international exchange network.
SINGAPORE, March 10, 2025 /PRNewswire/ — HashKey Global, a leading licensed exchange, and VerifyVASP, a global Travel Rule solution provider, have announced a strategic partnership to deploy comprehensive Travel Rule compliance solutions across HashKey’s international network of licensed exchanges. This initiative aligns with the accelerated enforcement of Financial Action Task Force (FATF) Travel Rule regulations by jurisdictions worldwide, addressing evolving anti-money laundering (AML) requirements for virtual asset transactions.
HashKey Global, as the flagship licensed exchange under HashKey Group, stands out as a leading platform in the digital asset industry. It is designed to deliver a secure, transparent, and reliable trading experience for users worldwide. The platform incorporates comprehensive measures such as robust asset segregation, stringent information security protocols, insurance coverage, independent audits, and secure payment settlement systems. These features ensure the highest level of protection for user assets and data while maintaining operational transparency.
Since integrating with VerifyVASP’s network of Virtual Asset Service Providers (VASPs) last year, HashKey Global has successfully processed thousands of verifications, ensuring compliant and accurate transfers of assets received by the intended counterparty and corresponding beneficiary.
Tim Xing, Board Director, HashKey Global, said: “This partnership with VerifyVASP reinforces HashKey Global’s commitment to setting the industry standard for regulatory compliance and security. As global enforcement of the Travel Rule accelerates, we are proactively enhancing our infrastructure to ensure seamless and compliant virtual asset transactions. By expanding this integration across our licensed exchanges, we continue to build a trusted and transparent digital asset ecosystem for users worldwide.”
“We are thrilled to be supporting HashKey Global in their Travel Rule compliance,” said ShihYun Chia, CEO at VerifyVASP. “This partnership demonstrates HashKey’s commitment to regulatory excellence and contributes to building a more compliant digital asset ecosystem globally. It also marks a significant milestone of successful travel rule implementation in the digital asset regulatory landscape.”
About HashKey Global
HashKey Global is the flagship digital asset exchange under HashKey Group, offering licensed digital asset trading services to users worldwide, and becomes one of the fastest-growing crypto exchanges in 2024. HashKey Global has obtained a license from the Bermuda Monetary Authority providing mainstream trading and service products such as LaunchPad, contracts, leverage, etc.
Please read our latest Disclaimer.
For more details, please visit global.hashkey.com
Follow HashKey on X, Telegram, and Discord
About VerifyVASP
VerifyVASP is a decentralised messaging protocol for Travel Rule compliance supported by regulated VASPs. VerifyVASP provides comprehensive Travel Rule solutions that include counterparty due diligence, messaging protocol, on-chain risk analysis and consultation on Travel Rule/personal data protection requirements.
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