The power industry continues to be a hotbed of innovation. Activity is driven by optimising the performance of the power distribution network and improving the quality of the distributed power, and growing importance of technologies such as smart grid, intelligent substation, and distribution automation (DA). In the last three years alone, there have been over 439,000 patents filed and granted in the power industry, according to GlobalData’s report on Internet of Things in Power: Electricity supply distribution models. Buy the report here.
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According to GlobalData’s Technology Foresights, which uses over 83,000 patents to analyse innovation intensity for the power industry, there are 90+ innovation areas that will shape the future of the industry.
Electricity supply distribution models is a key innovation area in Internet of Things
Electricity supply distribution model, excluding electricity supply, refers to the transmission of electricity through high voltage, medium voltage, and low voltage electricity distribution networks, as well as the management of the electricity distribution system in a specific area for the purpose of delivering electricity to consumers.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 10+ companies, spanning technology vendors, established power companies, and up-and-coming start-ups engaged in the development and application of electricity supply distribution models.
Key players in electricity supply distribution models – a disruptive innovation in the power industry
‘Application diversity’ measures the number of different applications identified for each relevant patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of different countries each relevant patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to electricity supply distribution models
| Company | Total patents (2021 - 2023) | Premium intelligence on the world's largest companies |
| State Grid Corporation of China | 284 | Unlock Company Profile |
| China Southern Power Grid | 93 | Unlock Company Profile |
| NARI Technology | 23 | Unlock Company Profile |
| Korea Electric Power | 15 | Unlock Company Profile |
| State Grid Information and Telecommunication | 14 | Unlock Company Profile |
| China General Nuclear Power | 13 | Unlock Company Profile |
| ABB | 9 | Unlock Company Profile |
| Clean Power Research | 9 | Unlock Company Profile |
| Vestas Wind Systems | 8 | Unlock Company Profile |
| State Grid NARI Nanjing Control System | 7 | Unlock Company Profile |
| State Grid Shanghai Municipal Electric Power Company | 7 | Unlock Company Profile |
| International Business Machines | 6 | Unlock Company Profile |
| NARI Group | 5 | Unlock Company Profile |
| State Grid Jibei Electric Power | 5 | Unlock Company Profile |
Source: GlobalData Patent Analytics
State Grid Corporation of China (SGCC) is the leading patent filers in electricity supply distribution models. SGCC is a state-owned power utility. The company’s core business includes construction and operation of power grids. It focuses on research and development of ultra-high voltage (UHV) transmission and smart grid technologies.
In terms of application diversity, State Grid Shanghai Municipal Electric Power, Korea Electric Power, ABB, and Clean Power Research are some of the leading patent filers in electricity supply distribution models.
Based on geographic reach, China Southern Power Grid, China General Nuclear Power, and State Grid Information and Telecommunication are some of the leading patent filers in electricity supply distribution models.
To further understand how Internet of Things is disrupting the power industry, access GlobalData’s latest thematic research report on Internet of Things in Power (2021).
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
