Tag Archives: Smart Grid

Smart Grid IT Revenue is Expected to Double by 2024

A new report from Navigant Research provides a comprehensive overview of the global market for utility smart grid information technology (IT) systems, including global market forecasts for utility smart grid IT software and services through 2024. IT systems and analytics are projected to account for a significant—and growing—portion of utility smart grid investment over the … Continue reading Smart Grid IT Revenue is Expected to Double by 2024

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Revenue from Smart Grid Technologies is Expected to Reach $70.2 Billion Annually by 2023

A recent report from Navigant Research analyzes the global market for smart grid technologies, including global market forecasts for revenue, broken out by technology, application, component, and region, through 2023.   The past two years have seen accelerating technological advancements and shifting priorities among utility industry stakeholders.  The benefits of smart grid technology are becoming … Continue reading Revenue from Smart Grid Technologies is Expected to Reach $70.2 Billion Annually by 2023

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Integrating smart meters, solar energy, electric vehicles and energy storage capabilities

Summers in Austin, Texas are hot. Temperatures rise to an average of 97 degrees Fahrenheit daily, causing residents to swelter and energy bills to soar. However, one Recovery Act-funded project is helping find a way to turn down the heat on electricity bills. The Pecan Street Project is testing a new smart grid system in … Continue reading Integrating smart meters, solar energy, electric vehicles and energy storage capabilities

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IBM drives the future of renewable energy with new wind and solar forecasting system

IBM announced an advanced power and weather modeling technology that will help utilities increase the reliability of renewable energy resources. The solution combines weather prediction and analytics to accurately forecast the availability of wind power and solar energy. This will enable utilities to integrate more renewable energy into the power grid, helping to reduce carbon … Continue reading IBM drives the future of renewable energy with new wind and solar forecasting system

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Smart Grid: 10 Trends to Watch in 2013 and Beyond

Well into its second decade of existence, the smart grid market remains an exciting yet risky place to do business. This market strongly exhibits the correlation between high risk and high reward. The enormous scale of the business attracts serious players of all sizes, some disruptive and others simply opportunistic. Although several segments are well-established, … Continue reading Smart Grid: 10 Trends to Watch in 2013 and Beyond

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Revenue from Smart Grid Power Line Communications Systems Will Surpass $418 Million Annually by 2020

Power line communications (PLC) systems, which allow data to be sent across power lines, are used in many segments of the electricity grid. The expansion of smart grids is fueling increased utility interest in the technology, specifically the use of PLC to handle communications across the neighborhood area network and to connect electricity or gas … Continue reading Revenue from Smart Grid Power Line Communications Systems Will Surpass $418 Million Annually by 2020

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Smart Grid Technologies

Smart grid technologies include transmission upgrades, substation automation, distribution automation, smart grid IT/OT, and smart metering. Many complex smart grid programs based on these technologies have begun, but the scale of what remains to be done is enormous. A number of countries with populations over 100 million have not yet seen notable smart grid deployment … Continue reading Smart Grid Technologies

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Iberdrola deploys smart grid technology in United States, Spain and United Kingdom

Iberdrola is embracing new technologies through different projects designed to incorporate modern power grids in the regions where the company operates. This new infrastructure, based on remote control and grid automation, enables the Company to provide clients with new products and services, and entails significantly improved quality of electricity supply. The grid transformation will also … Continue reading Iberdrola deploys smart grid technology in United States, Spain and United Kingdom

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Alstom Grid and Capgemini form global alliance for smart grid

Alstom Grid and Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services today announced the signing of a global alliance agreement to pursue joint commercial opportunities for their combined smart grid solutions. “With Capgemini’s experience in the utilities industry and our proven Managed Business Services framework and “Infrastructure-as-a-Service” Together, the two … Continue reading Alstom Grid and Capgemini form global alliance for smart grid

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Consumers Remain Unfamiliar With Smart Grid Concepts

Smart grid rollouts are building momentum as utilities across the United States continue to invest in this new infrastructure in an effort to transform their power grids. However, even as utilities invest in these new technologies, they struggle to effectively communicate both the benefits of smart grids and the possibilities they make available to the … Continue reading Consumers Remain Unfamiliar With Smart Grid Concepts

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Smart Grid in China

The development of a smart grid has become the major focus of power grid construction in China. Through the application of modern metrology, communications, information, and control technologies, the country’s power grid is undergoing a fundamental upgrade. China’s smart grid development includes six key areas: power generation, transmission, transformation, distribution, consumption, and dispatching. The smart … Continue reading Smart Grid in China

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Smart Grid in Southeast Asia

Smart Meters and Grid Automation Technologies: Business Drivers, Policy Trends, Key Industry Players, Market Analysis, and Forecasts In recent years, robust economic development and urbanization in Southeast Asia (SEA) has led to strong growth in electricity demand, in both sophisticated economies such as Singapore and less-developed nations such as Cambodia and Myanmar. Most Southeast Asian … Continue reading Smart Grid in Southeast Asia

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