Energy storage technology patent ranking

Are patents filed for energy storage technologies reflected in the data?

Patents filed for energy storage technologies - Our World in Data Figures in recent years are subject to a time lag; submitted patents may not yet be reflected in the data. Figures in recent years are subject to a time lag; submitted patents may not yet be reflected in the data. Our Worldin Data Articles by topic Latest About Donate All charts

What are energy technology patents?

Patents provide early indications of technological developments that may transform the economy and drive the energy transition. The H2020 data portal has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 952363. Energy Technology Patents Data Explorer - Data tools.

Are patents a valid indicator of innovation in the energy sector?

Following the work of Griliches 42, others evaluated patenting in the energy sector, and concluded that patents are a valid indicator to measure innovativeness within the energy sector 2, 28. This result has been extended and re-confirmed by a number of authors 43.

How fast do batteries & electricity storage technology develop?

It reveals that between 2005 and 2018, patenting activity in batteries and other electricity storage technologies grew at an average annual rate of 14% worldwide, four times faster than the average of all technology fields. Innovation in Batteries and Electricity Storage - Analysis and key findings. A report by the International Energy Agency.

Are patents a proxy for Innovation?

We consider patents filed according to the Patent Cooperation Treaty (PCT) as a proxy for innovation. Following the work of Griliches 42, others evaluated patenting in the energy sector, and concluded that patents are a valid indicator to measure innovativeness within the energy sector 2, 28.

Why do governments need patent data?

Patent data can help inform governments about their comparative advantage at different stages of a technology's value chain and shed light on innovative companies and institutions that may be in a position to contribute to economic recovery and long-term sustainable growth.