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There is an immense untapped potential in EV market especially in countries within the Association of Southeast Asian Nations (ASEAN), where there has been positive momentum regarding the EV production and its charging infrastructure. Malaysia plans to build 25,000...
According to the International Energy Agency, the transportation sector accounts for 24% of direct CO2 emissions from fuel combustion. In 2021, Biden signed an executive order to electrify the 645,000 vehicles in the federal fleet. Several EV manufacturing startups...
Even though 2020 was a challenging year for most of industry sectors but EVSE (Electric Vehicle Supply Equipment) market in EMEA particularly in some of major European countries grew at a rapid pace owing to the major investments and subsidies from the government as...
Grid codes are getting stricter requiring consumers to maintain a higher power factor. In general, active power factor correction solutions market will grow faster than passive solutions in the next decade. The price of both active and passive solutions will...
Electrification in Commercial & Off-Highway Vehicles is rapidly increasing as governments are changing their policies towards a greener future and vehicle manufacturing OEMs are continuing to work on improving the battery life and the battery charging time. This...
With more than 80% of shore power facilities built, Europe leads the world in shore-side power deployment. Governments across Europe are facilitating ports to install shore-side power facilities. More than 24000 European ports aim to offer shore-side power facilities...
The utilization of renewable generation is limited by the amount and duration for which energy can be stored on the electricity grid. A greater penetration of renewables (greater than 80%) will require the deployment of LDES. New electro chemistries may lead to a...
As energy storage markets gain traction, countries around the world are adopting policies and making strides in commissioning more energy storage projects. The United States is one of the market leaders in adopting energy storage for grid and renewables. The...
Using hydrogen produces no pollution or greenhouse gases but making hydrogen produces 830 million tons of CO2 worldwide per year (International Energy Agency). For hydrogen to play a vital role in Europe’s clean energy transition, production must shift to renewable...
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...