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Global CO2 emissions dropped 5.8% in 2020 but are expected to increase again in 2021 according to IEA. Consumers worldwide are still reluctant to forsake ICEs for EVs owing to lack of charging infrastructure. Many countries, like Germany, France and the UK have shared...
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...
Summary The Electric Vehicle (EV) market is transitioning from AC charging to DC fast charging. The widespread use of EVs may lead to reduced reserve margins in the electrical system. Eventually, all electric truck charging stations will be connected to the...
The last few years have shown many developments for India’s electricity sector, including the introduction of new policies which have essentially transformed the sector altogether. On the generation side, renewable energy is now among the fastest growing and is...
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...
Summary Electricity demand in Vietnam has grown 10% year on year for the last five years mostly due to new manufacturing facilities. Vietnam’s GDP it is expected to grow at around 6.7% in 2021. Power Technology Research estimates Vietnam’s T&D market CAGR, for the...
With 74% of imports and exports transported by the sea, the EU is clearly dependent on seaports. Onboard diesel generators not only result in harmful emissions but also causes noise and vibration in the vicinity of ports. Shore-side power supply provides both...
E-commerce industry has grown tremendous in the last decade; nearly 15% year over year. Within the trucking industry, delivery vehicles are best placed for full electrification in the near future. The World Economic Forum (WEF) predicts 36% increase in delivery...
Electric Vehicles (EVs) are on a path to provide a clean, sustainable economically viable alternative to vehicles with internal combustion engines (ICEs). Every day, new targets are being set by governments and car OEMs on the increased adoption of EVs....
Conventional electricity generation has been fulfilling electricity demand and driving economic growth for decades, but it is not sustainable in the long run as it poses a serious environment threat. Hence especially following the ‘Paris Climate Treaty’[1] world is...
With the global shift towards renewables and an increasing number of companies pledging to shift to alternate energy systems, major oil companies and energy retailers have decided to take the plunge in order to remain relevant in the market by acquiring charging...
The Static Synchronous Compensator (STATCOM) is one of the most sophisticated technology under the umbrella of Flexible AC Transmission Systems (FACTS). The technology is attractive choice due to its faster response and smaller footprint as compared to the Static VAR...