OPS installation is on the rise globally as countries prioritize their environmental objectives and seek to minimize the ecological impact of maritime activities. This progressive technology is reshaping port operations worldwide, with a growing number of nations...
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Short Term Outlook of the European FACTS Market
The market for Flexible AC Transmission Company (FACTS) is experiencing a remarkable upsurge in growth, primarily due to the escalating adoption of renewable energy sources and the emerging trend of cross-border electricity exchange. This infographic discusses the...
The FACTS Frontier in the Americas: 2016-2020
Due to evolving grids and stringent regulations regarding grid security, the Americas is considered one of the most important markets for any T&D infrastructure deployment. The region offers a great market opportunity for several Flexible AC Transmission Systems...
Funding Instruments Driving the Residential Storage Market in Germany
Germany has been actively working towards shifting the residential sector to clean energy sources and has offered programs and incentives to the residential consumers of electricity in this regard. KfW, on behalf of the Federal Ministry for Economic Affairs and Energy...
Technology Evolution of FACTS in the Americas
Static VAR Compensator (SVC) is a conventional FACTS technology and has been a part of power grids across the globe for many decades. Advancement in power electronics switches and better control mechanisms have brought Static Synchronous Compensator (STATCOM) to life....
Decommissioning of Conventional Power Plants Driving the FACTS Market
• The EU Commission has set an ambitious target for EU countries to increase their share of renewable energy to 40% of final consumption by 2030.• In the U.S., Minnesota Power has announced a target of providing 100% carbon free electricity to its consumers by 2050...
The STATCOM Synopsis – Encapsulating 5 years of the Market
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...
Overview of SVC & STATCOM Market in APAC
Flexible AC Transmission Systems have been serving T&D sectors all across the globe. However, when we specifically talk about APAC region, the technology has not only gained traction in terms of its utility but has also presented opportunities for new players. The...
A promising year for the STATCOM market
The Static Synchronous Compensator (STATCOM) is one of the most sophisticated technology under the umbrella of Flexible AC Transmission Systems (FACTS). The technology is attractive choice due to its faster response and smaller footprint as compared to the Static VAR...
Series Compensation in North American Market
As the electricity market continues to grow, the transmission system is becoming complex. With the evolution of different types of power generation sources and the rapidly changing energy mix, transmission system requirements are expected to grow.