TECHGuru

  Protection Relay Market: Establishment of Newer Power Grids to Have Positive Impact In recent years, the requirement for strong power grids has led to increased research & development for product innovation that improves the safety of digital substations. This has led to players in the market focusing on technologically-advanced protection relays to be used across applications on power grids. For instance, Siemens AG, a major player in the protection relay market, has developed several protection relays in the Spirotec range, which can also be used for high- and medium-voltage networks. The increased demand for electricity, globally, and the growing need for transmission lines, have led to governments looking to establish newer and more efficient power grids to keep up with the pace of development. With smart power grids gradually gaining traction, the use of protection relays, a crucial application of power grid infrastructure, is also likely to sire. According to this ...