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Innovations in Power Sector

Keeping a pulse on activities around innovations in Power sector is the key ingredient in informing strategies and making key business decisions. Corroborating signals from various business activities and further deducing key performance indicators, creates a 360° view around who’s and what’s of sector relevant innovations.

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Patents

Patents
106,920
-10.00% MoM

The trendline shows the granted patent activity by month for this industry. The count represents the number of patents that were granted in the last completed 12 months.

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Innovations Applied for IP Protection Recently

Innovations applied for IP protection tracks new noteworthy patent applications published recently in the Power Sector including ground-breaking technologies and the company’s technological and strategic shift towards adoption of new technologies.

A patent has been granted which relates to electric vehicle charging station host definable pricing. The invention describes an electric vehicle charging station network which includes multiple electric vehicle charging stations belonging to multiple charging station hosts. A charging station network server provides an interface that allows each of the hosts to define one or more pricing specifications for charging electric vehicles. The pricing specifications are applied to the charging stations such that a cost of charging electric vehicles using those charging stations is calculated according to the pricing specifications.

A battery based electrical powered motor with an electronic speed controller generates a thrust in an Jetpack enough to lift a person for Vertical take off and landing (VTOL). The control of the craft’s direction is effectuated by moving handles connected to pivot points, mounted to an aluminum frame. The pivots tilt the ducts slightly forward or back. The frame is connected to a harness, in which the pilot is strapped.

Renewable Energy Hybrids are the solution to a reliable integration of renewable energies, driving the transition to a clean energy future. A patent has been granted to Cummins Power Generation Inc which relates to systems and methods for controlling power on a power grid. The invention describes a hybrid power system including a generator and a power source having an inverter connected to one or more loads. The generator and inverter control and detect the parameter of the electrical power supplied to the load and to adjust a magnitude of current electrical power output based on the detected parameter.

Latest Venture Financing
  • IX Power Clean Water Inc
    $0.12M
  • Troo Ltd
    $0.63M
  • ZincFive Inc
    SeriesD Undisclosed
  • Zhongshu Guoneng Technology Co Ltd
    $47.76M
  • Blue Line Battery
    $1.1M
  • IX Power Clean Water Inc
    $0.12M
  • Troo Ltd
    $0.63M
  • ZincFive Inc
    SeriesD Undisclosed
  • Zhongshu Guoneng Technology Co Ltd
    $47.76M
  • Blue Line Battery
    $1.1M

Case Studies Involving Key Innovations

Spotlight

General Electric Co, E.ON SE and Mitsubishi Electric Corp are amongst the top companies who are fastest in embracing disruption caused by emerging themes and creating value

GlobalData  captures news, deals, filings, jobs, patents, and social media signals etc. and gathers the activities around innovation-led initiatives supported in the respective organizations. Our analysis suggests that General Electric Co has been most upfront in adopting emerging technologies amongst its peers.

Cybersecurity, Blockchain and Big Data are the themes attracting most investment in the last five years

Data from March 2017 onwards

Note: GlobalData captures various data sets such as deals, filings, jobs, patents. Each data set score is combined (𝑥𝑠𝑐𝑎𝑙𝑒𝑑) to provide an overall weighted-average exposure score. The scores are then used to show the colors on the heat map and represent the level of exposure in which a darker shade represents higher levels of exposure while a lighter shade represents lower levels of exposure. Each cell in any respective column indicates the relative Company Investment Intensity of the ten tech themes compared across the list of companies for that theme.

Themes Deal Value(US$m)
Cybersecurity 6,618.7
Blockchain 2,855.5
Big Data 81,007.7
Internet of Things 70,060.5
Cloud 52,022.0
Robotics 41,871.7
Artificial Intelligence 36,828.7
3D Printing 26,313.3
Virtual and Augmented Reality 12,370.6

Energy Infrastructure is driving the growth in Power space

The sectorial representation of the Power industry based on growth in patenting activity and number of deals show, Solar PV as the emerging sector. Having less patent records, Smart Grid, marks presence as the innovation sector with highest growth in patenting activity and deal size.

Solar PV and Wind are the leading sectors with more than 6 thousand deals in last five years

Data from March 2017 onwards

Note: Bubble size represents the number of deals for that sector during the past five years.

Sectors No of Deals
Solar PV 9,227
Wind 6,723
Transmission & Distribution 5,974
Hydro 3,240
Smart Grid 2,800
Energy Storage 2,351
Energy Infrastructure 1,792
Energy Efficiency 1,158
Offshore 835
Solar Thermal 581
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