China has overtaken the European Union as the foremost applicant for international patents in grid technology, signaling a shift in competitive dynamics. A recent study by the European Patent Office and the International Energy Agency highlights that, despite this recent surge, China ranks fourth overall from 2011 to 2022, holding only 12% of the patents.
The EU, Japan, and the USA remain ahead, each commanding a more significant share. Notably, after a period of stagnation, there has been a marked increase in patent applications from China, indicating robust growth in innovations essential for enhancing and maintaining critical network infrastructures.
Major companies like Siemens, ABB, and GE lead the corporate landscape, while Huawei and Bosch also play significant roles.
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