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• Economies across the globe, specifically advanced economies like the US, are rapidly deploying renewable energy and electric vehicles to meet the international commitments made under the Paris Agreement.• Mature markets in terms of the deployment of demand response...
Australia is one of the mature markets of Virtual Power Plants (VPP) across the globe. The market maturity is due to the high proliferation of grid-edge renewables such as solar rooftops and residential battery storage, enabling electric utilities to utilize these...
VPPs have enabled electricity consumers to participate in the electricity market and act as prosumers of electricity that provide services to the electricity grid while meeting their own needs which was otherwise not be possible. It is expected that the UK and Germany...
• Baltic Sea ports are showing strong affinity towards the deployment of shore power infrastructure.• Currently, more than 90 shore power facilities are available at the major ports of the Baltic Sea region.• Ports as well as cruise line owners are pushing to curtail...
• FACTS devices tend to have wide range of applications in the grid including voltage stability, renewable integration support and dynamic power compensation (increases active power transmission capacity).• Modern FACTS devices include static var condensers, static...
• The APAC HVDC market is expected to grow with CAGR of 5% from 2022 onwards till 2026. • The APAC HVDC market is dominated by LCC HVDC technology mainly due to high power transmission capability over the long distances and the affordability of the LCC HVDC...
In recent years, African countries have demonstrated a desire for grid expansion as well as a shift toward renewables, particularly wind and solar, to meet their primary energy needs. To boost the economy of the region, expansion in the mining and steel industries has...
On the road to meeting its renewable energy targets, the European power grid is rapidly decentralising generation assets. The rising complexity of the power grid, as a result of solar roof-top installations, utility scale renewables, energy storage units, and...
The U.S. is among the top countries actively moving towards the state-wide deployment of smart meters. Smart metres are considered a gateway to AI-powered grid solutions, such as smart Demand Response (DR) and Customer Engagement (CE), which aim to relieve grid strain...
• Electrical grids in the advanced economies are moving towards digitalization which has enabled consumers to actively participate in the energy market.• In terms of installed base of smart meters in states, California, Texas, and Florida are the leading states that...
• In the last decade African countries have been significantly pushing to increase the electricity generation capacity with a special focus on renewables (solar and wind) and to expand the grid infrastructure.• FACTS in now playing the role of an enabler for region’s...
The world is currently undergoing an energy transition, especially the advanced economies of Europe and North America, in the wake of climate change and the subsequent commitments made to tackle it at the regional and international level. The debate, however, is...