High-speed broadband is the key to optimizing energy usage, said Graham Richard, CEO of Advanced Energy Economy, at Thursday keynote speak at the annual Better Buildings Summit sponsored by the United States Department of Energy. Richard, the former mayor of Ft. Wayne, Indiana, described the advanced energy industry as a highly meaningful economic opportunity, noting Continue reading →
The smart grid has been helping customers and utilities monitor energy use, but there’s also evidence that smart grid investments are driving job growth as well. M2M technologies are powering the smart grid revolution, helped along by a variety of devices on both the utility and consumer ends of the spectrum. A recent report from Continue reading →
The U.S. electrical grid, the largest interconnected machine on the planet, has powered American economic growth for over a century, but it is fast running up against its limitations. Ever-increasing demand is putting new strains on a system that is struggling to keep up. Outages are still rare, but costly: the Department of Energy estimates Continue reading →
Solar energy will not become an integral part of the energy supply system in Europe until suppliers, including private residences, have unlimited access to the energy grid. In practice, this would mean that they could supply their self-produced solar energy to the grid at a profitable rate 24/7. This is not yet the case today, Continue reading →
At Greentech Media, we get a lot of questions asking us, who exactly is included in the The Networked Grid Top 150 Smart Grid Vendors, and why? Every year, GTM Research takes an in-depth look at the end-to-end smart grid vendor landscape and profiles and ranks the top 150 smart grid companies across twelve key Continue reading →
Discussions of security for smart grid industrial control systems (ICS) among utilities, vendors, systems integrators, and public regulators have become more common in recent years, and utilities as a group appear to be better informed of cyber risks to their grids and substations. However, funding for these upgrades remains spotty, according to a recent report Continue reading →
A new report from GBI Research forecasts substantial and steady growth in the global energy storage market to 2020. The research firm says the global market was valued at $39.5 billion in 2011 and should reach $62 billion by 2016, with a compound annual growth rate of 9%. via Smart Grid: Steady, substantial growth expected Continue reading →
At GTM Research we profile the top vendors across the smart grid market in our annual report, The Networked Grid 150: The End-to-End Smart Grid Vendor Ecosystem Report and Rankings 2013, paying particular attention to product portfolios, market positioning and the likelihood of growth and sustainability. In 2013, having ranked top vendors according to our methodology Continue reading →
Central and Eastern Europe’s smart meter spending is forecast to hit $10.3 billion cumulatively by 2023, according to smart grid intelligence and consulting firm Northeast Group, LLC. While the drivers for each country in the region are different, EU regulations and a need for advanced metering infrastructure technology seem to be taking precedence. via Smart Continue reading →
Qatar General Electricity and Water Corporation (Kahramaa) has announced a $125 billion investment program into alternative and renewable energy, with $22 billion earmarked for electricity and water infrastructure expansion and renovation projects. Kahramaa president, engineer Essa Hilal Al Kuwari told Eco-Business.com, “This budget was announced to fund the country’s infrastructure projects and to cater the Continue reading →
The deployment of smart meters combined with the growth of cloud computing infrastructure has created opportunities to build business models around the volume of emerging energy data. Estimates indicate that when smart meters are fully deployed, they will generate 1,000 petabytes of data a year, about five times the amount of data on AT&T’s network. Continue reading →
The Smart Energy paradigm is fast evolving from niche markets into a standardized part of the global energy portfolio. Oil majors, national governments, and technology developers have all reached the consensus that a more diversified energy mix is critical to sustainable economic growth in the future. As a result of this development, combined with the Continue reading →
An interesting new report from Pike Research puts a spotlight on virtual power plants (VPPs) which, while not a new concept, appear to be ready for prime time. Pike’s research suggests that after a decade of pilot projects testing and validating VPPs as a smart grid platform, we will see significant growth over the next Continue reading →
In 2012, the U.S. lost its number one spot as the world’s largest investor in smart grid equipment and systems to China. Although it is most unlikely that it will ever regain this position, the U.S. will hold on to the number two slot during this decade. Smart grid sales across the world reached $36.5 Continue reading →
An interesting new report from Pike Research puts a spotlight on virtual power plants (VPPs) which, while not a new concept, appear to be ready for prime time. Pike’s research suggests that after a decade of pilot projects testing and validating VPPs as a smart grid platform, we will see significant growth over the next Continue reading →
Big investments in lithium-ion battery manufacturing plants won’t significantly reduce the cost of making batteries, a revised outlook that cautions that sustainable growth in electric vehicle sales will happen later rather than sooner. For General Motors, that means the $40,000 Chevrolet Volt, a plug-in electric vehicle powered by a 435-pound lithium-ion battery pack, could stay Continue reading →
World smart grid sales at installed prices climbed to $36.5 billion in 2012, a growth of 30% on 2011 as China took the lead, according to Memoori’s latest report. However, the market is rather unbalanced because the share taken by AMI was around 40%; whilst its potential market value over the full 20 year program Continue reading →
The creation of the smart grid remains a colossal undertaking. Many complex smart grid programs are underway, but the scale of what remains to be done is enormous. The challenges ahead translate into strong growth for vendors of smart grid technologies – transmission upgrades, automation of substations and distribution, smart grid IT, and smart meters. Continue reading →
The creation of the smart grid remains a colossal undertaking. Many complex smart grid programs are underway, but the scale of what remains to be done is enormous. The challenges ahead translate into strong growth for vendors of smart grid technologies – transmission upgrades, automation of substations and distribution, smart grid IT, and smart meters. Continue reading →
World Smart Grid sales at installed prices climbed to $36.5 billion in 2012 a growth of 30% on 2011 and M&A activity reached $19.5 billion almost doubling the value of deals in the previous year according to our latest report – http://www.memoori.com/portfolio/the-smart-grid-business-2012-to-2017/ The report shows that solid progress has been made in the last three Continue reading →
