PTR Insights
Solid State Technology to Streamline Global Transition to Clean Energy
The electrical power system of a country generally consists of generators, high voltage transmission lines that stretch hundreds of miles followed by distribution lines that span millions of miles in order to serve a range of consumers. Existing grid infrastructure...
Energy Transition to Rely on STATCOMs in Germany
• Germany is one of the leading countries in Europe in terms of adoption of renewable energy and has made significant effort over the years in order to move towards a more sustainable energy system.• Over the next 10 years, four transmission system operators including...
Revving Up: Exploring the Current State of U.S. EV and EVSE Infrastructure
The implementation of California's Advanced Clean Cars II (ACC II) rule, a state policy, has the potential to significantly hasten the widespread adoption of electric vehicles (EVs) in the United States. With approximately 38% of the U.S. car market already...
Batteries Included: The Boom of Emerging Storage Markets in Europe
• The European Commission has launched the REPowerEU plan to reduce dependence on Russian gas, phase out fossil fuels, and increase renewable energy deployment. The plan aims to increase the target for renewable energy deployment from 40% to 45% by 2030. • Some key...
SAE Hydrogen and Alternative Fuels Summit Impression 2023
The SAE Hydrogen and Alternative Fuels Summit was held online from 2nd to 3rd May 2023. This two-day virtual event aimed to bring together hydrogen and energy experts from around the world to address the latest market updates, opportunities, and challenges related to...
The Swiss Army Knife of EV Charging: Charging Management Software (CMS)
At the center of every EV charging network is some form of a CMS acting as a coordinator of activity and data between the users of EV charging and the entities that provide charging services. CMSs are cloud-based software platforms which act as a network operating...
Regulations Paving Way for Widespread Installation of Smart Chargers
Developed countries across the globe are rapidly moving towards widespread adoption of electric vehicles. This is driving the associated charging infrastructure which is necessary to sustain the adoption of EVs. It is expected that the EV and EVSE market of the future...
The Ecosystem behind Shore-To-Ship Power in Spain
Ports across Europe are aiming to achieve the decarbonization goals set by the EU’s “Fit for 55” target which requires ports to reduce their GHG emissions by 55% by 2030 and ultimately make the EU climate neutral by 2050. Globally, Europe is the leading market for...
Revolutionizing the Power Industry: How Grid Modernization is Impacting the Distribution Transformer Market
• In the last decade, especially after the Paris Agreement in 2015, the global energy market is observing a marked shift and is currently in a state of transition. • Power Technology Research expects that the global distribution transformer market will grow with a...
Short Term Outlook of the European FACTS Market
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...
Powering Up APAC: 2022 Battery Energy Storage Market Snapshot for Australia, the Philippines, Taiwan, and Thailand
APAC region is showing promising signs as a potential market for battery energy storage projects. In 2022, the market gained momentum with Australia's ambitious battery storage pipeline, while other APAC countries such as Taiwan and the Philippines are also achieving...
Carbon Capture, Storage and Utilization: Transforming Emissions into Solutions
• CCUS technologies involve capturing CO2 emissions from industrial processes, utilizing it in various ways, and storing it permanently underground.• CCUS provides a cost-effective way to reduce GHG emissions from industrial processes, thereby contributing to the...
Middle East Energy (MEE) Conference Impressions 2023
The Middle East Energy (MEE) conference & trade fair in Dubai, which took place from 7th to 9th March, was a prime meeting place for professionals from all over the energy and power grid industry. The conference provided a platform for key equipment manufacturers...
Powering the Future: Key Updates from India’s Energy Storage Sector in 2022
• India has reached a cumulative installation of around 120 GW of renewable energy capacity in 2022. • India is increasingly achieving the addition of renewable energy sources in its energy mix and will require flexible assets, including energy storage, to maintain...
Power Surge: MV Switchgear Market Set for Strong Growth as Grid Modernization Accelerates
The MV Switchgear market recovered in 2021, following the Covid-19 induced revenue slump, and has shown a steady growth. This infographic covers: The regional share of MV Switchgear market in all three regions, namely: the Americas, APAC and EMEA. The switchgear...
EH2B: A Gateway to European Hydrogen Economy
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APAC’s Biggest Economies Paving the Way for EV Adoption
Even though China is the forerunner in the EV charging infrastructure, the rest of the APAC (Asia Pacific) countries are not lagging far behind. Japan and South Korea are also amping up their EV charger deployment rate by incentivizing EVs. While Australia and India...
U.S. Bipartisan Infrastructure Law – EV Infrastructure Funding
The U.S. Department of Transportation and Energy announced $5B in funding as part of the new scheme,‘National Electric Vehicle Infrastructure (NEVI) Formula Program’ which builds on the already designated Alternative Fuel Corridors. NEVI Formula funding is to be used...
Japan’s EV Infrastructure Landscape
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North American HVDC Market (2017-2021)
The HVDC market has gained a lot traction due to the expansion of renewable energy resources across the globe. In the last decade, a significant growth in onshore renewables has been witnessed in North America. To evacuate this energy from generation centres, HVDC has...
Policies in Advanced Economies Providing Support to Hydrogen Mobility
Hydrogen FCEVs can be refueled within five minutes and have a range in excess of 350 miles which indicates that a modest quantity of hydrogen can go a long way. When it comes to environmental impact, hydrogen FCEVs are a much better option provided that the hydrogen...
Decarbonizing the Baltic Sea: The Push for Shore Power Infrastructure in Ports
• Baltic Sea ports are showing strong affinity towards the deployment of shore power infrastructure.• Currently, more than 90 shore power facilities are available at the major ports of the Baltic Sea region.• Ports as well as cruise line owners are pushing to curtail...
Standardization, Grid Upgrades, and Coverage: Key Factors in the Uptake of Fast Charging Infrastructure
• In advanced economies EV charging infrastructure is being built at a remarkable pace. • The biggest market for DC chargers globally in terms of units will be workplace charging followed by destination and En-route charging. • In 2020 only, around 1 million DC fast...
Electric Light Duty Vehicle (LDV) Sales More Than Double in 2021: Auto Industry Investments Bear Fruit
• E-mobility can contribute significantly to environmental and climate protection as it reduces dependence on the imports of fossil energy sources, owing to its greater use of renewable energies and its enhanced energy efficiency. • The sales of electric passenger...
Standardizing Vessel Charging: Overcoming the Barrier to Electrification in the Maritime Industry
• The vessel charging technology adoption is slow across the globe mainly due to lack of global vessel charging standards which is expected to impact the electrification of maritime sector if not taken care of.• The reason for the lack of global charging standards is...
Reliability Issues in EV Charging Infrastructure: A Barrier to Commercial Success
• The commercial success of the electric vehicle will require the development of a charging infrastructure that is accessible, easy to use, and relatively inexpensive• Looking at key performance indicators, which have a direct impact on a charging station's downtime,...
Turnkey Solutions, EV Chargers, and Collaboration: Key Takeaways from DistribuTECH International 2023
DISTRIBUTECH International is an annual event that brings together stakeholders in the transmission and distribution of electricity. The conference and exhibition offer education, information, products, and services related to electricity delivery automation and...
EV Charging Infrastructure Conference: Key Developments, Trends and Insights in the EV Charging Market
Asia Pacific EV Charging Infrastructure conference was held on 8th-9th February in Singapore. The theme of the conference centered around highlighting the key developments and improvements of electric vehicle charging infrastructure around the world with a specific...
Net-Zero Commitments Encouraging Growth in Carbon dioxide Removal Technologies
Carbon removal may be achieved through nature-based methods or by employing certain technologies, such as CCS and DAC. The drive to net-zero has resulted in enhanced interest and investment in CCUS. Carbon removal technologies should act as supplements, not...
Fragile Balance: Designing Carbon Pricing Mechanisms to Nudge the World to Carbon-Neutrality
Carbon pricing is an increasingly popular mechanism that tackles climate change, by employing market forces to incentivize individuals and companies to transition to clean energy. The primary objective of carbon pricing is to change behavior. This report explores two...