PTR Insights
Fragile Balance: Designing Carbon Pricing Mechanisms to Nudge the World to Carbon-Neutrality
Carbon pricing is an increasingly popular mechanism that tackles climate change, by employing market forces to incentivize individuals and companies to transition to clean energy. The primary objective of carbon pricing is to change behavior. This report explores two...
Market Trends in Light and Medium E-Truck Energy Management Systems
• In the global E-truck market, battery capacities are dominated by the 100-200 kW range. 50-100 kW ranges are also heavily present in the market worldwide.• Most of the global MDV market is using a DC-DC Converter with power ratings of 3-5 kW; in fact, a significant...
Aging Infrastructure: The State of America’s High Voltage Power Transformers
The main drivers pushing the USA's power transformer market is replacement of the obsolete transmission network. Moreover, under the Bipartisan Infrastructure Law announced in 2021, heavy investment has been announced in building a reliable transmission infrastructure...
Key Drivers Instigating Distribution Transformer Demand in the KSA
KSA’s distribution transformer market is driven by several development projects in the country, pushing SEC to heavily invest in distribution sector's capacity additions. The projects include housing programs, energy parks, and development of renewable energy....
Powering the Future: How FACTS Devices are Paving the Way for Australia’s Renewable Energy Goals
Since the beginning, Australia has deployed FACTS devices in its power grid across different areas to upgrade, expand and help integrate renewables. Australia has set renewables target of 82% renewables by 2030 which has led an increase in the number of FACTS projects...
Overview of Commercial and Off-Highway Vehicle Segment
The global transportation industry is considered to be one of the biggest contributors of global Greenhouse Gas (GHG) emissions, with power generation and transport having accounted for over two thirds of global GHG emissions in 2019. The transportation industry alone...
Strategies for Charging Electric Fleets: Speeds, Costs, and Locations
• One of the main supporting technologies required to support the wide-scale adoption of electric vehicles is the EV charging infrastructure.• Charging availability is a critical enabling factor for electric fleet deployment, and the strategic roles of various...
Technological Overview of Global HVDC Market Till 2020
• High voltage direct current (HVDC) power transmission systems across the globe rely on DC (direct current) for the transmission of bulk power over long distances. • HVDC systems are usually installed in three different configurations; namely: asymmetric monopole,...
Ireland’s Front-of-the-Meter Storage Market
Ireland is making gradual progress toward the deployment of a grid-scale battery energy storage project. It has over 1 GW projects in development. The stakeholders are working on developing an energy storage-specific policy framework to remove barriers for batteries...
COP27: The Fight to Keep the 1.5°C Goal Alive
The Sharm El-Sheikh Climate Change Conference took place last month in Egypt, commencing on 6 November 2022 and ending on the 18th. The conference builds up on pledges made in the COP26 at Glasgow last year and comprised of a series of events to build on future...
The Big Three: Who is leading Europe’s EV Charging Market?
Currently, the majority of EV charging occurs at residential and workplace locations. In the near future, however, the percentage of public charging infrastructure—at public parking spaces, stations, and highways—will skyrocket as home charging needs must be...
Battery Powered Vessels – Five Year Landscape
Vessel Charging is actively gaining popularity as countries are building up on the battery technology that would allow vessels to utilize electrical energy as alternative clean fuel all around the world; to depend on them in a hybrid or unblended manner. All electric...
Unlocking South America’s Grid Potential: A Look at FACTS Deployments from 2017-2021
The major demand of the South American FACTS market comes from Brazil, Argentina, and Chile. Several large-scale transmission infrastructure developments take up the major share of transmission budget in these countries, due to which very little budget is left to be...
New Energy to Propel China’s Distribution Transformer Market
• Distribution transformer market of China is expected to grow with a CAGR of 6.4% (in terms of units) from 2022-2027.• Majority of the distribution transformers demanded in China are in the voltage range of 1-12 kV accounting for 91% of the annual market.• China has...
Utilities Deploying Ester Oil Filled Distribution Transformers
• For insulation and cooling purposes, mineral oils are being used in transformer industry for nearly a century but in recent times several other fluids have also been developed by transformer manufacturers. • An electric utility in the Philippines named Meralco...
Fuel Cell Kingdoms of East Asia
Battery Electric vehicle technologies are being actively adopted and implemented in many regions throughout the world, as countries are aggressively moving forward in hopes of reaching their climate and carbon-neutrality goals. Amidst constraints posed by the...
Major LCV Competitors in the EMEA Region
In 2021, light commercial vehicles (LCV) remained competitive in the EMEA Region (Europe, the Middle East and Africa). Stellantis maintained its spot at the top, with a market share of 22%, followed by the Mercedes-Benz Group and Ford Motor Company, with 18% and 17%...
The EU’s Hydrogen Market Landscape
The drive to net-zero is accelerating as we speak, and hydrogen is one alternative fuel that could be used to achieve this momentous goal. Several reasons make hydrogen the perfect candidate to accomplish net-zero. First and foremost, hydrogen is the most abundant and...
Summary of Developments at COP27
The Sharm El-Sheikh Climate Conference officially ended with an historic climate “loss and damage” fund being set up on Sunday, 20 November. Here are key highlights from the conference. The “loss and damage” fund is an official acknowledgement of the fact that poorer...
Transition to SF6 Free HV Equipment Picking Pace
• Global warming potential of SF6 is 23,500 times higher than that of CO2 over a span of 100 years and has an atmospheric life of 3,200 years.• It is significant to note that the EU is leading the transition from conventional SF6 based electrical grid equipment to SF6...
Pandemic Proof: How the Construction Equipment Market Weathered the Storm in 2020
With electric vehicles now steadily becoming nomenclature in global attempts towards carbon neutrality, the commercial vehicle sector is accelerating its transition towards electric vehicles. However, there are some concerns when it comes to brining this technology...
Revamping the Grid: MV Switchgear Demand on the Rise
This infographic provides an overview of the global MV Switchgear market, including the technology preferences i.e., AIS or GIS. Moreover, it will also highlight the regions majorly contributing to the demand for MV Switchgear.[ba_advanced_divider...
Synchronous Condensers in Australia: Addressing the Loss of Inertia in the Grid
• It is observed that the share of electricity generation from coal is declining as a result of shutdown of coal fired power plants. • As the country is pushing to increase the share of renewables in the generation mix a number of issues including voltage instability...
The 2022 United Nations Climate Change Conference (COP27): Overview, Structure, and Achievements
The Sharm El-Sheikh Climate Change Conference is currently underway in Egypt, commencing on 6 November 2022 and ending on the 18th. The conference builds on pledges made in the COP26 at Glasgow last year and comprises of a series of events to build on future ambition....
The Energy Crisis Presenting Growth Opportunities for Renewables and EV Charging Infrastructure
• The world is finally attempting to move away from conventional sources of energy to greener energy sources. However, recent external shock may counteract this.• The crises may also, in the longer run, push countries to adopt the alternative technologies at a much...
Global FACTS Market Outlook: From STATCOM to Series Compensation
• 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...
Decarbonizing Urban Transportation in India: The Role of Electric Buses
• India is the world’s second biggest bus market after China, with approximately 90,000-100,000 units sold per annum. However, more than 95% of these units are diesel-powered.• India can have a significant penetration of electric buses to satisfy the demands of...
A Rush for Residential Charging as EVs Go Mainstream
Capturing 90% of the Americas market, the U.S. ranks 2nd globally with 300,000 charging points installed in 2021. The government intends to add 500,000 public chargers by 2030, and other public-private partnerships will also result in significant market expansion. In...
The EV Charging Revolution in India
The unavailability of adequate charging infrastructure had been the key impediment for the accelerated adoption of electric vehicles in India. In this regard, the Ministry of Power issued, "Charging Infrastructure for Electric Vehicles—Guidelines and Standards,"...
The Future of HVDC in the APAC Region: Cross-Border Interconnections and Energy Security
• 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...