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Short Term Outlook of the European FACTS Market

Short Term Outlook of the European FACTS Market

by Qutab Baig | 2023, April, 5 | Infographics, SVCs/STATCOMs

The market for Flexible AC Transmission Company (FACTS) is experiencing a remarkable upsurge in growth, primarily due to the escalating adoption of renewable energy sources and the emerging trend of cross-border electricity exchange. This infographic discusses the...
The FACTS Frontier in the Americas: 2016-2020

The FACTS Frontier in the Americas: 2016-2020

by Qutab Baig | 2022, September, 20 | Infographics, Qutab Baig, SVCs/STATCOMs, Uncategorized

Due to evolving grids and stringent regulations regarding grid security, the Americas is considered one of the most important markets for any T&D infrastructure deployment. The region offers a great market opportunity for several Flexible AC Transmission Systems...
Funding Instruments Driving the Residential Storage Market in Germany

Funding Instruments Driving the Residential Storage Market in Germany

by Qutab Baig | 2022, May, 12 | Articles, Energy Storage

Germany has been actively working towards shifting the residential sector to clean energy sources and has offered programs and incentives to the residential consumers of electricity in this regard. KfW, on behalf of the Federal Ministry for Economic Affairs and Energy...
Technology Evolution of FACTS in the Americas

Technology Evolution of FACTS in the Americas

by Qutab Baig | 2022, March, 29 | Infographics, SVCs/STATCOMs

Static VAR Compensator (SVC) is a conventional FACTS technology and has been a part of power grids across the globe for many decades. Advancement in power electronics switches and better control mechanisms have brought Static Synchronous Compensator (STATCOM) to life....
Decommissioning of Conventional Power Plants Driving the FACTS Market

Decommissioning of Conventional Power Plants Driving the FACTS Market

by Qutab Baig | 2021, November, 30 | Qutab Baig, SVCs/STATCOMs

• The EU Commission has set an ambitious target for EU countries to increase their share of renewable energy to 40% of final consumption by 2030.• In the U.S., Minnesota Power has announced a target of providing 100% carbon free electricity to its consumers by 2050...
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