Electric power transmission systems

Global Solid-State Transformer Markets, 2020-2025 with Hitachi, Schneider Electric, Siemens, Mitsubishi, GE, Eaton, Varentec, Amantys, Ermco, and SPX Transformer Solutions Dominating

Retrieved on: 
Tuesday, January 19, 2021

The key factors driving the growth of the solid-state transformer market are growing alternative energy sector, and increasing investments in smart grids and energy systems.

Key Points: 
  • The key factors driving the growth of the solid-state transformer market are growing alternative energy sector, and increasing investments in smart grids and energy systems.
  • The growth of the HV/MV segment of the solid-state transformer market can be attributed to the increased adoption of these transformers in renewable power generation applications.
  • The outbreak and the spread of the COVID-19 have also impacted the growth of the solid-state transformer market globally.
  • The APAC region is expected to hold the largest share of the solid-state transformer market during the forecast period.

The Worldwide Synchronous Condenser Industry is Projected to Reach $574 Million by 2025 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 15, 2021

The global synchronous condenser market is projected to reach USD 574.0 million by 2025 from an estimated USD 508.4 million in 2020, at a CAGR of 2.5% during the forecast period.

Key Points: 
  • The global synchronous condenser market is projected to reach USD 574.0 million by 2025 from an estimated USD 508.4 million in 2020, at a CAGR of 2.5% during the forecast period.
  • Synchronous condensers play a vital role by generating lagging and leading reactive power, helping to stabilize the transmission grid.
  • Hydrogen cooled synchronous condensers are the fastest-growing segment during the forecast period in the global synchronous condenser market.
  • The synchronous condensers market in North America is projected to grow at the fastest rate during the forecast period.

CleanSpark Announces Additional Residential Microgrid Contract

Retrieved on: 
Wednesday, January 13, 2021

SALT LAKE CITY, Jan. 13, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK), (CleanSpark, or the Company), an advanced software and controls technology solutions company focused on solving modern energy challenges, announced an additional contract related to their residential initiative.

Key Points: 
  • SALT LAKE CITY, Jan. 13, 2021 (GLOBE NEWSWIRE) -- CleanSpark, Inc. (Nasdaq: CLSK), (CleanSpark, or the Company), an advanced software and controls technology solutions company focused on solving modern energy challenges, announced an additional contract related to their residential initiative.
  • Additionally, the Companys suite of products will provide end-to-end management for the microgrid, ensuring the lowest cost of energy during standard, connected operation.
  • His need for resilient energy presented us with another opportunity to deliver tremendous value with a smart solar and storage microgrid.
  • We have a suite of software solutions that provide end-to-end microgrid energy modeling, energy market communications, and energy management solutions.

Technavio Estimates Global Smart Grid Sensors Market Growth to Accelerate at 10% CAGR During 2020-2024 | Transition to Smart Grids to Drive Market

Retrieved on: 
Friday, December 18, 2020

The market growth in the segment will be significant over the forecast period.

Key Points: 
  • The market growth in the segment will be significant over the forecast period.
  • The wide-scale smart grid adoption in the US and Canada is crucial in driving the growth of the market in North America.
  • The US is the key market for smart grid sensors in North America.
  • Related Reports on Information Technology Include:
    Global Smart Grid Communications Market - Global smart grid communications market segmentation by solution (WAN, FAN, and HAN) and geography (APAC, North America, Europe, South America, and MEA).

Hitachi ABB Power Grids launches all-new remote terminal unit to support grid modernization and renewables integration

Retrieved on: 
Thursday, December 17, 2020

TOKYO, Dec 17, 2020 - (JCN Newswire) - Hitachi ABB Power Grids has announced the launch of the RTU530, an all-new Remote Terminal Unit (RTU) that builds on the established reliability and efficiency of the RTU500 series.

Key Points: 
  • TOKYO, Dec 17, 2020 - (JCN Newswire) - Hitachi ABB Power Grids has announced the launch of the RTU530, an all-new Remote Terminal Unit (RTU) that builds on the established reliability and efficiency of the RTU500 series.
  • With an installed base of over 150,000 units worldwide, Hitachi ABB Power Grids is one of the world?s leading suppliers of RTUs to utility and industrial customers.
  • About Hitachi ABB Power Grids Ltd.
    Hitachi ABB Power Grids is a global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries.
  • With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values.

Global Microgrid Market (2020 to 2025) - by Grid Type, Connectivity, Application, Region and Country

Retrieved on: 
Tuesday, December 15, 2020

5.2 Competitive Scenario of Global Microgrid Market: By Connectivity (2019 & 2025)

Key Points: 
  • 5.2 Competitive Scenario of Global Microgrid Market: By Connectivity (2019 & 2025)
    6.2 Competitive Scenario of Global Microgrid Market: By Grid Type (2019 & 2025)
    7.2 Competitive Scenario of Global Microgrid Market: By Application (2019 & 2025)
    8.1 Competitive Scenario of Global Microgrid Market: By Region (2019 & 2025)
    9.4 Market Segmentation By Connectivity (Grid-Connected, Off-Grid)
    9.5 Market Segmentation By Grid Type (AC Microgrid, DC Microgrid, Hybrid)
    9.6 Market Segmentation By Application (Industrial/Commercial, Military, Utility, Remote, Institutional/Campus, Others)
    9.8 Market Opportunity Chart of Americas Microgrid Market - By Country, By Value (Year-2025)
    9.9 Competitive Scenario of Americas Microgrid: By Country (2019 & 2025)
    9.10 United States Microgrid Market: Size and Forecast (2015-2025)
    9.11 United States Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    9.14 Canada Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    9.17 Mexico Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    9.20 Brazil Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    10.4 Market Segmentation By Connectivity (Grid-Connected, Off-Grid)
    10.5 Market Segmentation By Grid Type (AC Microgrid, DC Microgrid, Hybrid)
    10.6 Market Segmentation By Application (Industrial/Commercial, Military, Utility, Remote, Institutional/Campus, Others)
    10.8 Market Opportunity Chart of Europe Microgrid Market - By Country, By Value (Year-2025)
    10.9 Competitive Scenario of Europe Microgrid: By Country (2019 & 2025)
    10.11 Germany Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    10.14 France Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    10.16 United Kingdom Microgrid Market: Size and Forecast (2015-2025)
    10.17 United Kingdom Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    11.4 Market Segmentation By Connectivity (Grid-Connected, Off-Grid)
    11.5 Market Segmentation By Grid Type (AC Microgrid, DC Microgrid, Hybrid)
    11.6 Market Segmentation By Application (Industrial/Commercial, Military, Utility, Remote, Institutional/Campus, Others)
    11.8 Market Opportunity Chart of APAC Microgrid Market - By Country, By Value (Year-2025)
    11.9 Competitive Scenario of APAC Microgrid: By Country (2019 & 2025)
    11.11 China Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    11.14 Japan Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)
    11.17 India Microgrid Market Segmentation By connectivity, By Grid Type, By application (2015-2025)

Distinguished European Grid Expert to Lead Smart Wires Europe

Retrieved on: 
Thursday, December 10, 2020

DUBLIN, Dec. 10, 2020 /PRNewswire/ --Global power technology company, Smart Wires, announced that leading European electricity grid expert, Marie Hayden, has been appointed General Manager, Europe.

Key Points: 
  • DUBLIN, Dec. 10, 2020 /PRNewswire/ --Global power technology company, Smart Wires, announced that leading European electricity grid expert, Marie Hayden, has been appointed General Manager, Europe.
  • Ms. Hayden has worked with Smart Wires for three years as Vice President of Business Development, Europe and Australia.
  • According to Smart Wires' Chief Commercial Officer, Michael Walsh, Ms. Hayden is uniquely qualified for the role, as the company seeks to strengthen its position in the European market.
  • I am looking forward to continuing to be part of that transition as General Manager for Smart Wires in Europe," Ms. Hayden said.

Global Load Break Switches Market Report 2020: After a Temporary Fall in Sales Due to COVID-19, The Market is Projected to Reach US$2.9 Billion by 2027 - ResearchAndMarkets.com

Retrieved on: 
Monday, November 30, 2020

The "Load Break Switches - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Load Break Switches - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • After a temporary fall in sales in the year 2020, the global market for Load Break Switch is projected to reach US$2.9 billion by 2027.
  • Shuttered factories and commercial establishments come as a short-term blow to utilities and for all players in the energy value chain, including Load Break Switch manufacturers.
  • Grids and smart grids constitute the major consumers of load break switches, accounting for robust share in overall sales.

Solid-State Transformer Market worth $241 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, November 24, 2020

The key factors driving the growth of the market include growing alternative energy sector, increasing investments in smart grids and energy systems.

Key Points: 
  • The key factors driving the growth of the market include growing alternative energy sector, increasing investments in smart grids and energy systems.
  • The HV/MV segment is expected to account for the larger share of the global solid-state transformer market in 2024.
  • The growth of the HV/MV segment of the solid-state transformer market can be attributed to the increased adoption of these transformers in renewable power generation applications.
  • This, in turn, is expected to lead to increased use of solid-state transformers for wind energy production.

Solid-State Transformer Market worth $241 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, November 24, 2020

The key factors driving the growth of the market include growing alternative energy sector, increasing investments in smart grids and energy systems.

Key Points: 
  • The key factors driving the growth of the market include growing alternative energy sector, increasing investments in smart grids and energy systems.
  • The HV/MV segment is expected to account for the larger share of the global solid-state transformer market in 2024.
  • The growth of the HV/MV segment of the solid-state transformer market can be attributed to the increased adoption of these transformers in renewable power generation applications.
  • This, in turn, is expected to lead to increased use of solid-state transformers for wind energy production.