PTR Insights
Funding Instruments Driving the Residential Storage Market in Germany
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...
Powering Up the UK: 25 GW of HVDC Transmission Capacity by 2030
The HVDC global market has gained traction due to the expansion of renewable energy resources across the globe. In Europe, the increasing number of HVDC interconnections are mainly due to offshore wind expansion and the regulations in existence, such as the EU's...
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...
Enabling the Norwegian Shore Power Market: Enova SF Disburses $400 Million
Shore Power is actively gaining popularity around the world as countries are finding ways to de-carbonize the maritime industry. This technology allows a ship to turn off its on-board engines and get external electric power from the shore where it is berthed. 2021 has...
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...
Energy Tech Summit 2022
The Energy Tech Summit 2022 is a hybrid event that took place in Warsaw, Poland from 26-28 April 2022. The conference invited top global energy and mobility investors, government leaders, and entrepreneurs to network and discuss the latest developments in energy and...
Hydrogen: A future energy vector for U.S.
As hydrogen markets gain traction, countries around the world are adopting policies and making strides in adopting hydrogen as a new energy vector across different applications. The infographic provides a snapshot of the current U.S. hydrogen market demand, sheds a...
Key Highlights of the Battery Energy Storage Market in Germany
The electrical power sector has been focused on achieving decarbonization by increasing the deployment of renewable energy sources, through incentives and legislation. Energy storage systems (ESS) are essential to reduce curtailment, increase grid flexibility and...
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...
Middle East and Europe Dominated the Global FACTS Market in 2021
• The FACTS market has gained a lot of traction across the globe in various application verticals, especially in the renewable sector. • In 2021, utilities awarded 95% of the FACTS projects, focused on incorporating increasing load demand and new interconnections with...
Impact of Renewable Energy on the Distribution Transformers Market in India
This infographic examines the renewable energy sector in India, specifically the growth in wind and solar energy. The historic years (2018-2021) and the forecast years (2022-2025) are studied in order to analyze the quantitative and qualitative impact this will have...
Technology Evolution of FACTS in the Americas
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....
Companies Quest for Carbon Neutrality – Role of Energy Storage
Globally as the Covid-19 associated lockdowns and restrictions were eased and economies finally opened up, an upward trend in private corporations committing to carbon neutrality was observed. 217 businesses have made commitments to ‘The Climate Pledge’ to achieve...
Investment in Fast Charging on the Rise in Key Countries
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...
Baltic Sea Ports Moving to Decarbonize Maritime Operations
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 the...
HV GIS Circuit Breakers Market: A North American Perspective
The following infographic is a snapshot of new additions, for year 2021, of Gas-Insulated Switchgear (GIS) HV CBs in various regions of Independent System Operators (ISO)/Regional Transmission Organizations (RTO) in the North American market. HV is considered as...
The Ever-evolving Indian Distribution Transformers Market
Global distribution transformers market experienced a dip of approximately 7.6% due to the pandemic in 2020 but managed to recover fully by the end of 2021. According to Power Technology Research, the installed base of distribution transformers in India is set to grow...
Middle East Energy 2022 – Conference Impressions
The Middle East Energy 2022 event took place in Dubai and Power Technology Research (PTR) enthusiastically participated to gain a sense of what is currently relevant and important in the GCC region. The atmosphere at the show was fantastic with an eagerness from many...
Roll Out of Offshore Wind Farms Driving HVDC Market
There has been a rapid growth in the offshore wind farms installations in the recent years. Asia for instance is emerging as a key market for offshore wind farms with GE and Toshiba entering into a strategic partnership. HVDC technology is already getting a lot of...
The Future is Electric – Acceleration towards Green Transport
Curbing the eminent threat posed by carbon emissions from the transportation industry is the need of the hour. The world is finally making headway by accelerating the adoption of Electric Vehicles in Passenger and Commercial vehicles, with sales growing extensively as...
Efforts to Increase Residential EV Charging Infrastructure in Europe: Challenges and Policy Interventions
There has been a massive focus on improving the EV charging infrastructure in European countries, but charging infrastructure still has not increased at the required rate up till now. The residential charging infrastructure is likely to grow in the UK with the ease in...
Energy Storage Gigafactories in Germany
In recent years, the world has started to look at energy storage as a viable solution to the challenges of green energy. Markets such as Photovoltaics and Wind power are key technologies in the quest to shift to clean energy completely. The energy generated by both of...
Shore Power Market Roundup for 2021
Shore Power is actively gaining popularity around the world as countries are finding ways to de-carbonize the maritime industry. This technology allows a ship to turn off its on-board engines and get external electric power from the shore where it is berthed. 2021 has...
Shore Power in Maritime Ports: Meeting the 90% Requirement by 2025
Recent regulations on the deployment of alternative fuels will line up better with EU’s Green Deal and Fit for 55 targets For certain types of vessels, in maritime ports, shore power will need to cover at least 90% of a vessel’s requirement starting in 2025 TEN-T core...
Japan’s EV charging infrastructure
Japan’s EV charging infrastructure may have stymied in the past year due to lack incentives by the government and aging infrastructure, but the country is projected to increase the number of EV charging stations nationwide to 150,000 by 2030.[ba_advanced_divider...
EMEA’s LCV Market on the Rise: Electric Vans See Steady Growth in Annual Sales
EMEA’s LCV market has continued to experience steady growth in annual sales. This increase is expected to be maintained as multiple countries in Europe readily begin their integration of electric vans in their transportation fleets. With the rise of Covid in 2020,...
Can the Middle East Become the Next Shore Power Hotspot?
Global oil flow and the strait of Hormuz Middle East- an important cargo transit point Saudi Arabia's Vision 2030 will be a factor driving on shore power The Middle East is considered a major player in the global shipping industry mainly due to petrochemicals that the...
Reverse of Fortune: Global Grid Investment on the Rise in 2021
This infographic illustrates the distribution infrastructure investment trends in the past five years. It also contains information on the regional investments in distribution transformer market in 2019 vs 2020.[ba_advanced_divider active_element="text"...
Is Saudi Arabia’s Power Transformer Market Ready to Welcome New Manufacturers?
The global power transformer market according to Power Technology Research accounted for USD 16 billion in 2020. According to Power Technology Research, Saudi Arabia’s power transformer market accounted for US 178 million in 2020 and is forecasted to reach USD...
UK’s Front-of-the-Meter Storage Market
This infographic provides an overview of the UK’s energy storage market, the indicative pipeline, and the policies and regulations currently in place driving or impeding the market growth.[ba_advanced_divider active_element="text" title="Energy Storage Service...