14. July 2017 · Comments Off on Western Europe to invest $133bn in smart grid infrastructure by 2027, says study · Categories: News · Tags: , , , ,

Western Europe, one of the highly advanced and matured electricity markets in the world, is planning to invest more than $133bn in ‘smart grid’ infrastructure in the next ten years, according to a study published by Northeast Group.The investments are expected to strengthen Western Europe’s position in promoting energy efficiency and renewable energy development globally.

Source: Western Europe to invest $133bn in smart grid infrastructure by 2027, says study – Clean Technology Business Review

18. August 2015 · Comments Off on Smart Grid Infrastructure Investment in South America: $38.1bn by 2025 · Categories: News · Tags: , , , ,

South America is positioned to be a key market for smart grid infrastructure investment over the next decade. The region’s power sector is plagued by pervasive electricity theft, poor reliability and operational inefficiencies. Utilities in South America are now looking to smart grid infrastructure to solve these problems and large-scale deployments are already underway. The region will invest $38.1bn in modernizing its power infrastructure from 2015-2025, according to a new study published by Northeast Group, LLC.”Brazil is by far the largest market in the region for smart grid investment,” said Ben Gardner, President of Northeast Group. “After several false starts, the country is now beginning large-scale deployments. In just the past year, Brazilian utilities have announced deployments of over 3m smart meters and will invest $25.6bn over the next ten years.”

Source: Smart Grid Infrastructure Investment in South America: $38.1bn by 2025

29. May 2015 · Comments Off on 500 Vendors Vying for $380 Billion Power Sector ‘Internet of Things’ Market · Categories: News · Tags: , , , ,

The Internet of Things (IoT) is a much-hyped market promising a number of futuristic applications. The reality is that the first mass deployment of the IoT has already occurred in the electric power sector. Smart grid infrastructure has been deployed in many geographic regions already and between 2015-2025, a further $380.1 billion will be invested globally, according to a new study published today by Northeast Group, LLC.”Smart grid infrastructure is the first concrete example of the ‘Internet of Things’ on a significant scale,” said Ben Gardner, President of Northeast Group. “Smart meters with two-way communications and other sensors across the power grid are already providing tangible benefits for utility customers. The next decade will see billions invested in the global smart grid market, creating a huge opportunity for vendors.”

Source: 500 Vendors Vying for $380 Billion Power Sector ‘Internet of Things’ Market — WASHINGTON, May 27, 2015 /PRNewswire/ —

18. May 2015 · Comments Off on Australia and New Zealand To Invest $6.8 Billion In Smart Grid Infrastructure Between 2015 and 2025 · Categories: News · Tags: , , , ,

Australia and New Zealand have among the best performing power sectors in the world. The two countries have been aggressive in investing in smart grid infrastructure to modernize their grids and offer benefits to their electricity customers. New Zealand is reaching near full market penetration of smart meters (AMI) and will shift to investment in distribution automation over the next decade. In Australia, the state of Victoria is wrapping up its smart meter deployment, but there is still significant opportunity in other states, according to a new study published recently by Northeast Group, LLC.

Source: Australia and New Zealand To Invest $6.8 Billion In Smart Grid Infrastructure Between 2015 and 2025

23. February 2015 · Comments Off on Large-scale smart grid pilots launching in India · Categories: News · Tags: , , , ,

With electricity theft costs at well over $16 billion a year, India is looking to smart grid technology for help. A report by Northeast Group, LLC forecasted spending on smart grid infrastructure in the country at $21.6 billion between 2015 and 2025 — on top of the billions that the Indian government has already spent. In November 2014, Prime Minister Shri Narendra Modi announced an additional $4 billion in smart metering funding.

via Large-scale smart grid pilots launching in India – SmartGridNews.