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• The Ukraine war intensified energy security concerns in Europe, in turn pushing countries in the region to reduce dependence on Russian fossil fuels. • Collectively, they have set a very ambitious target to deploy 120 GW of offshore wind generation capacity by 2030...
• In the last decade, major economies moved away from nuclear energy to produce electricity, including Germany and Japan, which was a direct consequence of the Fukushima nuclear power plant disaster that took place in 2011. • As the EU aims for net-zero carbon...
• European countries with high vessel traffic are increasingly moving towards electrification to reduce the emissions from the maritime sector. • The pace of deployment of shore-to-ship power systems is comparatively greater in Northern Europe; however, countries like...
• Vehicle to grid technology enables the flow of electricity in both directions, from the grid to the vehicle and from the vehicle to the grid.• V2G technology can store energy, provide energy reserve to the grid in times of high demand and reduce energy costs of EV...
• The development of digital power transformers has ushered in a new era of efficiency and grid optimization in the energy sector, simultaneously providing revenue to the power transformer company. • Digital power transformers provide multiple benefits with remote...
• The environmental impact of maritime traffic is examined, focusing on the potential of shore-to-ship power systems to drive sustainability in the industry. • The disparity is unveiled by analyzing vessel traffic data and onshore power supply systems, highlighting...
• Europe is pushing to become the world’s very first climate-neutral continent by 2050, which is in line with the international commitments made by them.• Under the 2 GW Program, TenneT will build at least 14 HVDC offshore grid connection systems with a transmission...
• Economies across the globe, specifically advanced economies like the US, are rapidly deploying renewable energy and electric vehicles to meet the international commitments made under the Paris Agreement.• Mature markets in terms of the deployment of demand response...
• 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...
• The most common types of flow batteries are vanadium redox batteries and zin bromide batteries.• The battery flow technology is not widely deployed which is why there aren’t many suppliers across the globe.• Of all the suppliers available for this technology,...
• The transition is heavily reliant on energy storage solutions, especially the lithium-ion batteries which have gained significant traction in recent years.• LFP batteries have proven to be highly durable, exhibiting excellent thermal stability and enhanced...
Most of the installed transformers worldwide consist of conventional transformers, but the global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy. Smart transformers...