Global HV switchgear market to expand rapidly through 2030
Grid operators are increasingly adopting digital substations, intelligent monitoring, and SF₆-free technologies to boost reliability, cut lifecycle emissions, and meet rising electricity demand across industrial and urban networks. According to GlobalData, as utilities ramp up investment in transmission infrastructure, grid modernisation, and renewable energy integration, the global high-voltage (HV) switchgear market is forecast to expand rapidly […]
EUDR ‘could cost EU consumers up to $1.5 billion’, say analysts
A new study has explored the impact of EU Sustainability Regulations and the implications of the new EU Deforestation Regulation (EUDR) for global commodity supply chains and consumer markets. The EU Deforestation Regulation (EUDR), which comes into force at the end of the year, is the latest round of EU sustainability regulation which attempts to […]
Germany ‘goes aggressive’ on renewables
The more rigid targets brought around by the latest revision to Germany’s renewable energy act (EEG) in June aims for the country to achieve 65%, instead of the originally targeted 50%, of its electricity consumption comes from renewable sources by 2030. Such stricter targets would mean that, during 2021-2030, the country’s solar photovoltaic (PV) and onshore wind […]