Surge in AI Patents for Smart Grids: China Overtakes EU in Innovation
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- Patents for electricity grid technologies surged, driven by AI integration.
- Software innovations boosted smart features in grid patents by 50%.
- Fatih Birol stated, The data show encouraging growth in innovations...
- António Campinos emphasized the need for smarter networks to meet energy demands.
- China's share of grid-related patents rose from 7% to 25% from 2013 to 2022.
- Siemens, ABB, and General Electric lead in electricity grid patents.
- One-third of grid startups hold a patent application, much higher than 6% average.
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