IHS Inc., a US-based provider of energy-focused information, has announced the acquisition of Emerging Energy Research, an energy advisory firm, for $18 million. Emerging Energy seeks to help clients understand, leverage and exploit the technological, regulatory and competitive trends in the global emerging energy sector.
Emerging Energy Research is projected to draw on core competencies in market and competitive analysis, business intelligence, strategy assessment and global reach to offer clients advisory services, consulting services and market studies about emerging technologies in global energy markets. These include wind, solar, geothermal, biomass, ocean energy, nuclear, carbon capture and storage and hydrogen. The company is dedicated to tracking market segments on the cusp of change in the energy industry – those that are the fastest growing, the fastest changing and most impacted by technology advances, regulatory trends, market trends and industry restructuring.
According to the company, Emerging Energy delivers research-based advice, support and analysis from its international team of research experts, industry analysts and strategy consultants to executives and key decision-makers. Its customers span three core market segments: utilities, power developers/independent power producers and manufacturing (clean technology supply chain).
The acquisition is claimed to be an important fit at the intersection of two important domains for IHS - energy and environment. The company’s other acquisitions include EnvironMax, Dolphin Software and Environmental Software Providers in 2007 and 2008, and Environmental Support Solutions in 2009.
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