Navigant Research Report Shows Carbon Nanotubes Have the Potential to Improve Transmission Network Efficiency and Reliability

Prioritizing scientific development and building strong
relationships among market contributors is expected to help drive carbon
nanotube adoption in the utility industry

BOULDER, Colo.–(BUSINESS WIRE)–#CarbonNanotubes–A new report from Navigant
Research examines the global utility market for carbon nanotubes
(CNTs), highlighting significant CNT characteristics and challenges for
grid integration, as well as providing recommendations for utilities,
vendors, and research labs.

CNTs, small tubes composed of carbon atoms, are ideal for transmission
network cables and wiring. Due to their physical and chemical
properties, they offer an extremely high strength-to-weight ratio and
superior conductivity, however, high costs and other challenges have so
far deterred adoption. Click
to tweet: According to a new report from @NavigantRSRCH,
CNT market players can work to change this by prioritizing scientific
development and building strong relationships among market contributors.

“The utility industry stands to benefit tremendously from the
conductivity and strength-to-weight characteristics of CNTs, as the
tubes could be integrated into transmission and distribution (T&D)
networks to enhance power delivery efficiency and reliability,” says
Michael Hartnack, research analyst with Navigant Research. “With the
right strategies, key players in the CNT market have the potential to
improve transmission network efficiency and reliability.”

According to the report, science labs should continue to push the
envelope with innovation in the synthesis, production, and deployment of
CNTs, while vendors should strive to reduce costs and improve
large-scale manufacturing capabilities. Utilities, meanwhile, should
build relationships with vendors and labs and, if possible, create R&D
teams to drive innovation.

The report, Improving
Transmission Efficiency with Carbon Nanotube Technology,
provides a snapshot of the global utility market for CNTs, highlighting
significant CNT characteristics and discussing challenges for grid
integration. The study provides an overview of CNTs and an analysis of
the potential benefits they can provide to the electric grid. In
addition, this report provides recommendations for utilities, vendors,
and research labs on how to overcome current obstacles and drive
eventual utility deployment. An Executive Summary of the report is
available for free download on the Navigant
Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report, Improving Transmission Efficiency with Carbon Nanotube
Technology, is a summary and reflects Navigant Research’s current
expectations based on market data and trend analysis. Market predictions
and expectations are inherently uncertain and actual results may differ
materially from those contained in this press release or the report.
Please refer to the full report for a complete understanding of the
assumptions underlying the report’s conclusions and the methodologies
used to create the report. Neither Navigant Research nor Navigant
undertakes any obligation to update any of the information contained in
this press release or the report.

Contacts

Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
[email protected]