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With a global increase in energy demand, there is an apparent trend shift in the power grid with emphasis on decarbonization and digitization. Consequently, we see the growth of intermittent distributed energy resources. This trend shift is causing HVDC to become one...
According to Power Technology Research, Finland’s electricity generation installed capacity accounted for 15.16 GW in 2020. Wind and solar accounted for 2.58 and 0.25 GW of installed capacity respectively. Finland’s nuclear waste repository at Onkalo will cost...
4 million LCVs were sold in 2020 in the EU, accounting for 82% of commercial vehicle sales. As far as electrification trends in the bus market is concerned, Netherlands, Germany and UK are the leaders in the EU. According to UNFCCC, trucks, despite being only...
Unlike many other businesses, 2020 was beneficial for the Electric Vehicle Supply Equipment (EVSE) industry. The number of new charge points grew 32% YoY. The percentage growth varied across different countries depending on the incentives, grants and funding offered....
• In 2021, the cumulative renewable installed capacity for India, excluding large hydro projects, surpassed the milestone of 100 GW.• India announced an enhanced target of installing 450 GW of renewables by 2030.• India would require a CAGR of around 18% to achieve...
Belgium’s installed capacity of solar energy is greater than 5 GW and is expected to reach 10 GW in the next 10 years. In 2020, Belgium’s offshore and onshore wind energy accounted for 4.6 GW of the installed capacity. Renewable power producers are struggling with...
There’s no denying that China is beginning to own the global electric vehicle market. Government subsidies, adopted as part of China’s industrial policy, have been a key driver of EV market expansion in the country. Federal level rebates, quotas for vehicle...
In 2020, coal production in the U.S. declined 24% year over year accounting for the lowest coal production since 1965 (per . Electricity generated from renewables has been growing and surpassed generation from coal in 2020. President Biden has set a target to install...
The infographic presents an overview of STATCOM market in North America which includes provides a quick summary on installed base, competitor ranking and application verticals where STATCOMs are deployed.[ba_advanced_divider active_element="text" title="Service...
This infographic includes information on installed base of distribution transformers in European DSOs with an outlook for 2026. It also illustrates how Covid-19 has impacted the annual growth of distribution transformers. Lastly, it provides ranking of key...
Energy arbitrage can help in shifting demand from peak hours to off peak hours, taking full advantage of price fluctuations. Energy storage can adjust the operating point of generators and in turn enhance the efficiency of gas generators. Long duration energy...
The US transportation sector is the largest carbon emitting sector in the country. The Federal and State regulators are promoting EV adoption by providing incentives like EV tax credits, introducing ICE bans, and offering rebates for setting up charging...