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Still in the early stages of adopting the technology, Latin American countries are progressively increasing the number of privately owned electric cars (EVs) on the roads. With incentives and an expanding network of charging infrastructure, the region hopes to...
This infographic examines the distribution transformer market in USA, specifically the the two main drivers; energy transition and replacements. Within energy transition, renewable energy additions are studied to analyze the impact on the distribution transformer...
• The diverse range of authentication processes for EV charging leads to an unharmonized EV ecosystem and is expected to slow down growth in the EV industry. • Manufacturers in the EV market are moving to incorporate the Plug and Charge technology, which they did not...
• Under Vision 2030, the sectors targeted for development include power generation, petrochemicals, tourism, hospitability, and infrastructure; these will be generating demand for power transformers in the upcoming years.• Due to limited local manufacturing capacity,...
APAC presents a significant market opportunity for numerous Flexible AC Transmission Systems (FACTS) devices for key T&D OEMs. The region can further be segmented into the Chinese market and rest of the APAC market, due to varying regional market dynamics. In the past...
• The economy of the Asia Pacific region has grown significantly over the last few decades and currently contributes a significant fraction to the global GDP.• The MV switchgear market of APAC is driven by the deployment of renewables, an increase in electricity...
• The transport sector is heavily reliant on fossil fuels and accounts for 37% of CO2 emissions from end use sectors (International Energy Agency). • Globally APAC is the leading region in terms of EV charging infrastructure installed base which is evident from the...
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. The...
• Ports and shipping industry of the UK is the second largest in Europe, boasting 125 ports with cargo handling capacity all over the country. • Payback periods for shore power need to be shorter in the UK than on the continent primarily due to the private ownership...
The APAC HVDC market is driven by factors such as the ability to reliably transmit high power loads over long distances, efficient transmission with minimal transmission and distribution losses. Due to varying market dynamics, the region can be further segmented into...
Hydrogen is emerging as an efficient and alternate fuel around the globe and will play a key role in achieving the climate pledge of net zero emissions by 2050. Europe is leading the clean energy revolution with a great number of hydrogen projects under development, a...
• Australia plans to achieve net zero emissions by 2050 and, in pursuit of these goals, the country is installing renewable capacity in the country.• Owing to the intermittent nature of renewable energy resources, the increased penetration of renewable energy in the...