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Driving the Future of Energy: Key Takeaways from ADIPEC 2024

Driving the Future of Energy: Key Takeaways from ADIPEC 2024

Attending ADIPEC 2024 was an insightful experience. The event offered a collaborative environment for meaningful discussions on the energy transition. Working in the power sector and predicting this pivotal energy shift for years, it was great to see PTR’s analysis...

Regulations Paving Way for Widespread Installation of Smart Chargers

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...

New Energy to Propel China’s Distribution Transformer Market

New Energy to Propel China’s Distribution Transformer Market

• Distribution transformer market of China is expected to grow with a CAGR of 6.4% (in terms of units) from 2022-2027.• Majority of the distribution transformers demanded in China are in the voltage range of 1-12 kV accounting for 91% of the annual market.• China has...

Roll Out of Offshore Wind Farms Driving HVDC Market

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...

European Climate Law to be the Lifeline out of Pandemic

European Climate Law to be the Lifeline out of Pandemic

The pandemic shrunk the EU’s economy by 6.1% in 2020. The European Climate Law proposes a 55% reduction in net greenhouse gas emissions by 2030, compared to 1990. A European scientific advisory board on climate change is established under the European Climate Law. In...

CWIEME Transformer Day 2021 Impression

CWIEME Transformer Day 2021 Impression

Despite the reduced demand for electricity, due to Covid-19, the demand for renewables grew . Transformer markets in the U.S., China and Europe are expected to reach 2019 levels. Driven by various regional and technological factors, such as an increase in electric...

Impact of US Elections On Global Energy Market

Impact of US Elections On Global Energy Market

Biden will rejoin the Paris Agreement, which is the most inclusive global agreement on climate change to date. Unlike the Kyoto Protocol which focused on cutting emissions from the developed world, this agreement sets a goal to which almost every country in the world has agreed to contribute.