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Funding Instruments Driving the Residential Storage Market in Germany

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...

Energy Tech Summit 2022

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...

Middle East and Europe Dominated the Global FACTS Market in 2021

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...

Companies Quest for Carbon Neutrality – Role of Energy Storage

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

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 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...

The Ever-evolving Indian Distribution Transformers Market

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

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

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...

Shore Power in Maritime Ports: Meeting the 90% Requirement by 2025

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...

Can the Middle East Become the Next Shore Power Hotspot?

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...