The power industry continues to be a hotbed of innovation. Activity is driven by rising demand for power, push for a greater share of renewable generation and need to reduce greenhouse gas emissions, and the growing importance of technologies such as energy storage, smart grids and load control devices. 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: Energy efficient demand response systems. 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.
Energy-efficient demand response systems is a key innovation area in Internet of Things
Demand response and energy efficiency programmes are complementary. The two programmes share some similarities, but are not interchangeable. Energy efficiency programmes reduce energy use, both during peak and off-peak periods, typically without affecting the quality of services provided. Demand response programmes entail load management via direct control at peak periods, interruptible load tariffs, and economic response.
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 20 companies, spanning technology vendors, established power companies, and up-and-coming start-ups engaged in the development and application of energy-efficient demand response systems.
Key players in energy-efficient demand response systems – 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 energy efficient demand response systems
| Company | Total patents (2021 - 2023) | Premium intelligence on the world's largest companies |
| Server Technology | 20 | Unlock Company Profile |
| Dell Technologies | 20 | Unlock Company Profile |
| Trilliant Holdings | 18 | Unlock Company Profile |
| Intel | 16 | Unlock Company Profile |
| Huawei Investment & Holding | 14 | Unlock Company Profile |
| Schneider Electric It | 10 | Unlock Company Profile |
| International Business Machines | 9 | Unlock Company Profile |
| Honeywell International | 9 | Unlock Company Profile |
| STMicroelectronics | 8 | Unlock Company Profile |
| Whirlpool | 8 | Unlock Company Profile |
| Quanta Computer | 7 | Unlock Company Profile |
| Schneider Electric | 7 | Unlock Company Profile |
| Virtual Power Systems | 6 | Unlock Company Profile |
| Alphabet | 6 | Unlock Company Profile |
| Qualcomm | 6 | Unlock Company Profile |
| Power Assure | 6 | Unlock Company Profile |
| Signify | 5 | Unlock Company Profile |
| ABB | 5 | Unlock Company Profile |
| Ricoh | 5 | Unlock Company Profile |
| Canon | 5 | Unlock Company Profile |
Source: GlobalData Patent Analytics
Trilliant is one of the leading patent filers in energy-efficient demand response systems. Trilliant is a smart energy communications company that assists companies in deploying a broad set of smart grid initiatives from advanced metering to distribution automation, to consumer applications such as demand response, lighting control and distributed energy resources to the customers. Trilliant provides smart distribution, smart metering, smart consumer, smart cities and Internet of Things services.
In terms of application diversity, Huawei Investment & Holding, ABB, and Intel are some of the leading patent filers in energy-efficient demand response systems.
By means of geographic reach, Schneider Electric IT, Schneider Electric, and Power Assure are some of the leading patent filers in energy-efficient demand response systems.
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.
