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COP28’s Global Stocktake: A Pivotal Undertaking?
The global stocktake, a quinquennial undertaking, functions as a meticulous inventory of worldwide initiatives in climate action and support, with its inaugural culmination slated for COP28 in a bid to influence the ensuing round of nationally determined contributions...
COP28: Balancing Hope and Skepticism in Climate Talks
The Conference of the Parties (COP) is the primary decision-making body of the United Nations Framework Convention on Climate Change (UNFCCC). This annual gathering of member states focuses on addressing global climate change. In the lead up to COP28, amid the rising...
Watts Happening: A Comprehensive Look at Americas Distribution Transformer Market
The demand for distribution transformers is expected to increase in the coming years globally as well as in the American region. The reasons for the growth of the distribution transformer market are the adoption of EV vehicles, installation of renewable energy...
Future of Nuclear Energy: Small is the New Big
• 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...
Role of Digital Power Transformers in the Modern Energy Landscape
• 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...
Smart Transformers: Revolutionizing the renewable energy landscape
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...
Revolutionizing the Power Industry: How Grid Modernization is Impacting the Distribution Transformer Market
• In the last decade, especially after the Paris Agreement in 2015, the global energy market is observing a marked shift and is currently in a state of transition. • Power Technology Research expects that the global distribution transformer market will grow with a...