China Surpasses EU in Global Patents for Power Grid Technologies
A new study reveals China's rapid growth in power grid innovation, driven by AI integration, while the EU and Japan maintain long-term dominance.
- China overtook the EU in 2022 as the largest filer of international patent families for power grid technologies, according to a study by the European Patent Office (EPO) and the International Energy Agency (IEA).
- Patent filings for artificial intelligence integration in power grids have surged sixfold in recent years, with China and the U.S. leading this trend.
- Despite China's recent growth, the EU and Japan still account for the largest shares of patents from 2011 to 2022, each holding 22%, followed by the U.S. with 20%.
- Major companies from the EU, U.S., and Japan dominate the rankings, with Siemens, ABB, and General Electric leading, while China's Huawei ranks twelfth.
- The study highlights China's role in revitalizing innovation in power grid technologies after a period of stagnation, intensifying global competition in the sector.