VoltSafe Blog Team – August 20, 2025
While the world races toward EV adoption, renewable energy, and decarbonization, there’s a piece of the puzzle most people don’t talk about, but without it, the transition stalls.
It’s not a battery.
It’s not a solar panel.
It’s not a wind turbine.
It’s the infrastructure that delivers power safely, efficiently, and intelligently.
And that’s where the real disruption is overdue… enter VoltSafe.
Every electric vehicle, every data center, every shore-powered marina or off-grid military base depends on one thing: a connection to electricity that’s safe, reliable, and smart.
Yet we’re still relying on outdated technology like twist-lock plugs and manual breakers, tech that hasn’t fundamentally changed in over a century.
The result?
Modern energy demands can’t be served by analog-era connectors.
Electrification isn’t just coming, it’s compounding.
According to the International Energy Agency (IEA):
Billions are going into generation (solar, wind), storage (batteries), and mobility (EVs). But the physical delivery of electricity – the “last inch” – remains largely ignored.
That’s the bottleneck. That’s the opportunity.
Disruption often skips over infrastructure. It’s invisible… until it fails.
But infrastructure is where exponential value hides.
Think about it:
These connections – millions of them – need to be modernized.
VoltSafe isn’t just building a better plug. We’re building the connective tissue of tomorrow’s energy economy.
We believe the future of electrification requires:
Whether it’s:
VoltSafe is building a universal electrical handshake that makes modern energy possible.
This is infrastructure most people never think about. But the investors, partners, and innovators who understand it see something massive.
Electrification is the future, and at VoltSafe, we’re building the foundation.
About VoltSafe Inc.
VoltSafe Inc. is changing the way people connect to power. Headquartered in Vancouver, BC, the Canadian tech startup has reinvented the electrical plug by eliminating prongs, adding magnets and an “electrical fingerprint”. Using patented technology, VoltSafe has created the world’s safest, simplest, and smartest plug design since electricity came into homes more than 140 years ago. The company’s product pipeline includes magnetic plug replacement solutions for household, commercial, industrial, marine, electric and autonomous vehicles, emergency services, data centres and more.
References and stats in this blog were sourced from the following publications and sites.
Sources:
IEA World Energy Outlook 2024: https://iea.org/reports/world-energy-outlook-2024
Bloomberg NEF New Energy Outlook
National Fire Protection Association (NFPA)
U.S. Department of Energy
Allied Market Research: Shore Power Market
NMMA (National Marine Manufacturers Association)
IEA Global EV Outlook
Risk & Cost of Poor Infrastructure (Electrical Fires & Damage)
According to the National Fire Protection Association (NFPA), fires in the U.S. led to $23 billion in direct property damage annually, including many electrical-related events DynaFire+6NFPA+6NFPA+6.
Specifically, home electrical fires alone cause around $1.3 billion per year in U.S. property damage, causing injuries and fatalities Orange County Fire Authority+1Investopedia+1.
Electrification & Electricity Demand Trends
The IEA’s Electricity 2024 report projects global electricity demand growing at about 3.4% per year through at least 2026 The Department of Energy’s Energy.gov+13IEA+13IEA Blob Storage+13.
Additional coverage estimates demand growth close to 4% annually through 2027, driven by EVs, data centers, air‑conditioning and industrial electrification IEA+1The Guardian+1.
Shore Power / Infrastructure Market
The global shore power market was valued at approximately USD 1.8 billion in 2023, and is projected to reach around USD 3.8 billion by 2030, with an estimated CAGR of ~11.4% MarketsandMarkets+9EIN Presswire+9Allied Market Research+9.
Complementary reports place the 2024 market at USD 2.22 billion, growing to USD 4.0 billion by 2030 at a 10.6% CAGR Grand View Research.
Another source corroborates a 2025 estimate of USD 2.6 billion, rising to USD 4.52 billion by 2030 with an 11.58% CAGR Research and Markets.
Metric | Estimate | Source |
U.S. annual fire-related property damage | ~$23 billion | NFPA U.S. Consumer Product Safety Commission+9NFPA+9Orange County Fire Authority+9 |
U.S. home electrical fire damage | ~$1.3 billion/year | OCFA/NFPA data |
Global electricity demand growth | ~3.4%/yr (to 2026) | IEA |
Global electricity growth (to 2027) | ~4%/yr | IEA & media reports |
Shore power market size (2023) | ~$1.8 billion | Allied Market Research |
Shore power market size (2024) | ~$2.22 billion | Grand View Research |
Shore power market forecast (2025–2030) | ~$2.6B → ~$4.52B, ~11.5% CAGR | Research & Markets |