Emerging Technologies for Energy Applications

The increasing power consumption in developing regions enhances the power infrastructure and concern regarding the use of renewable power supplies. The governments worldwide are increasingly investing in renewable energy sources such as solar and wind. As per the global forecast to 2023, the power electronics market by materials, device type and application is predictable to increase from USD 39.03 Billion in 2018 to USD 51.01 Billion by 2023, increasing at a CAGR of 5.5% between 2018 and 2023. The growth of this market is endorsed to the advancement of power electronics and developing demand for energy-efficient battery-power portable devices. The major players in the power electronics market are Texas Instruments in US, On Semiconductor in US, Infineon Technologies in Germany, STMicroelectronics in Switzerland, NXP Semiconductors in Netherland, Vishay Intertechnology in US, Maxim Integrated Products in US etc., The major areas for emerging technologies are Storage, Smart grid and Electricity generation. Emerging Energy storage encompasses novel, economical ways of storing energy in the form of improved batteries, fuel cells, hydrogen energy storage and transport. Smart grid technologies enable efficient generation and use of energy. Emerging Electricity generation is characterized by the technology to generate power from unused resources.

  • Materials for hydrogen production
  • Materials and Technologies for Energy Conversion
  • Hybrid materials for energy storage and conversion
  • Photovoltaics and solar energy materials
  • Hydrogen energy storage & transport
  • Fuel Cell Electric Vehicles (FCEV
  • Biodegradable Batteries

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