Global Smart Grid Market to Invest $2 Trillion by 2030, peaking at $155bn in 2018, Predicts Memoori Research
Memoori publishes a new report on the global Smart Grid business, forecasting total expenditure to 2030 and highlighting investment and financial activity in the market.
LONDON--(BUSINESS WIRE)--By 2018 the world pure Smart Grid business will need to be running at $155 billion, some 50% larger than the current annual expenditure for all electrical transmission and distribution equipment. This will require major restructuring of both the supply and demand side if a truly “Smart” Grid is to be realized. Our research estimates that $2 trillion will need to be invested globally by 2030. Sales of Smart Grid systems in 2010 stood at just $16 billion, clearly showing the business still has a long way to go.
The need to reduce CO2 emissions within the existing electricity production and supply grid will drive the future growth of this business. The grid must be able to incorporate renewable electricity production from a multitude of distributed sources and be capable of matching the supply of electricity with demand at the point of usage and in real time.
In the space of 5 years mergers and acquisitions have grown from $134 million in 2007 to $10.6 billion in 2011. Both the growth and now scale indicate the supply side is gearing up to meet the requirements of new technology and forecast demand for pure Smart Grid products and systems. Investment in the market is also on the increase with venture capital companies committing some $1 billion per year in 2010 and 2011 to Smart Grid suppliers.
Memoori’s report The Smart Grid Business 2011 to 2016 is a definitive resource for Smart Grid market research, uniquely combining clearly defined market sizing statistics with financial analysis of M&A, investment and alliances.
At 182 pages with over 23 charts and tables, The Smart Grid Business 2011 to 2016 report filters out important conclusions, supported with facts, as to what is shaping the future of the Smart Grid industry. The report contains key information for all those managing, operating and investing in Smart Grid companies around the world. You can learn more at the reports website; http://memoori.com/smart-grid-2012
http://xrl.us/bij3ti A new report from Pike Research forecasts that 276 million smart grid communications nodes will be shipped worldwide from 2010 to 2016, with annual shipments increasing dramatically from 15 million in 2009 to 55 million by 2016... this will represent a total industry investment of $20.3 billion during the seven-year forecast period, with annual revenues increasing from $1.8 billion in 2009 to $3.1 billion by 2016..."
Thursday, January 12, 2012
Thursday, December 29, 2011
9 smart grid predictions for 2012
9 smart grid predictions for 2012
By Jesse Berst Dec. 29, 2011, 3:18pm PT 2 Comments
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IDC Energy Insights is one of the smart grid sector’s top research firms. Each year it issues its top 10 predictions for energy and utilities. I attended this year’s webinar and came away with my own version, which I’ve shared with you below.
I want to emphasize that my version overlaps with IDC’s but is not precisely the same. These are my interpretations and reactions to IDC’s predictions. In many areas I agree with IDC. In a few others, I feel they may have over- or under-stated the issue. Case in point: I list only nine predictions and they are not all the same as the ones IDC chose to highlight.
To see the “official” top 10 list, go to this link, scroll down until you see the list of web conferences, and click on Energy – Utilities. You can replay the webinar and/or download the slides.
1). Utility mergers will accelerate.
2). Demand will flatten or even fall. After decades of sure, steady growth, consumption growth in North America has flattened and may begin to fall after 2012. This could force a difficult adjustment in an industry that has come to expect growth in consumption.
3). Municipals and co-ops will drive new AMI deployments. Their focus will be communications networks that can handle next territories (urban and rural). And that can handle multiple applications for multi-utilities (electric, gas, water).
4). Distribution automation spending will continue to accelerate thanks in part to short payback periods (18 to 36 months typically).
5). Utilities will invest heavily in analytics to manage Big Data. Utilities are getting large volumes of data from smart meters. Now they’re trying to figure out how to get business value from that information. And how to use it for “real-time” trading and “real-time” operations.
6). Smart buildings will become important to utilities. 25 states have energy efficiency standards or targets. Smart buildingscan help meet such goals. The building energy analytics market will double between 2012 and 2015, jumping from $193 billion to $402 billion.
7). 2012 is the make or break year for electric vehicles. That is when we will be able to see whether they will go mainstream anytime soon.
8). Grid-scale lithium-ion battery prices will plunge. Prices are not cheap yet, but they are already half what they were two years ago, with further big drops on the way.
9). Solar PV growth will moderate, falling to roughly 25% per year. It appears current grant programs will be allowed to expire, reducing the incentives to install solar PV.
Jesse Berst is the founder and chief analyst of Smart Grid News.com. He consults to smart grid companies seeking market entry advice and M&A advisory. A frequent keynoter at industry events in the US and abroad, he also serves on the Advisory Council of Pacific Northwest National Laboratory’s Energy & Environment directorate.
By Jesse Berst Dec. 29, 2011, 3:18pm PT 2 Comments
inShare
38
IDC Energy Insights is one of the smart grid sector’s top research firms. Each year it issues its top 10 predictions for energy and utilities. I attended this year’s webinar and came away with my own version, which I’ve shared with you below.
I want to emphasize that my version overlaps with IDC’s but is not precisely the same. These are my interpretations and reactions to IDC’s predictions. In many areas I agree with IDC. In a few others, I feel they may have over- or under-stated the issue. Case in point: I list only nine predictions and they are not all the same as the ones IDC chose to highlight.
To see the “official” top 10 list, go to this link, scroll down until you see the list of web conferences, and click on Energy – Utilities. You can replay the webinar and/or download the slides.
1). Utility mergers will accelerate.
2). Demand will flatten or even fall. After decades of sure, steady growth, consumption growth in North America has flattened and may begin to fall after 2012. This could force a difficult adjustment in an industry that has come to expect growth in consumption.
3). Municipals and co-ops will drive new AMI deployments. Their focus will be communications networks that can handle next territories (urban and rural). And that can handle multiple applications for multi-utilities (electric, gas, water).
4). Distribution automation spending will continue to accelerate thanks in part to short payback periods (18 to 36 months typically).
5). Utilities will invest heavily in analytics to manage Big Data. Utilities are getting large volumes of data from smart meters. Now they’re trying to figure out how to get business value from that information. And how to use it for “real-time” trading and “real-time” operations.
6). Smart buildings will become important to utilities. 25 states have energy efficiency standards or targets. Smart buildingscan help meet such goals. The building energy analytics market will double between 2012 and 2015, jumping from $193 billion to $402 billion.
7). 2012 is the make or break year for electric vehicles. That is when we will be able to see whether they will go mainstream anytime soon.
8). Grid-scale lithium-ion battery prices will plunge. Prices are not cheap yet, but they are already half what they were two years ago, with further big drops on the way.
9). Solar PV growth will moderate, falling to roughly 25% per year. It appears current grant programs will be allowed to expire, reducing the incentives to install solar PV.
Jesse Berst is the founder and chief analyst of Smart Grid News.com. He consults to smart grid companies seeking market entry advice and M&A advisory. A frequent keynoter at industry events in the US and abroad, he also serves on the Advisory Council of Pacific Northwest National Laboratory’s Energy & Environment directorate.
Wednesday, September 28, 2011
Chicago Tribune: Electric Smart Grid Repairs Itself !!!
Electric smart grid repairs itself
8:28 a.m. CDT, September 28, 2011
Imagine an electric grid that tells the power company when it is down without you having to call in the problem! John Estey, CEO of President of S&C Electric Company demonstrates how an electric smart grid works as Illinois business leaders gather to voice their support for the Illinois Infrastructure Modernization Act. (Nancy Stone, Chicago Tribune)
8:28 a.m. CDT, September 28, 2011
Imagine an electric grid that tells the power company when it is down without you having to call in the problem! John Estey, CEO of President of S&C Electric Company demonstrates how an electric smart grid works as Illinois business leaders gather to voice their support for the Illinois Infrastructure Modernization Act. (Nancy Stone, Chicago Tribune)
Monday, September 19, 2011
Duke Energy/China World Smart Grid - November 8-11, 2011 Beijing, China
SEE DUKE ENERGY !!!
David W. Mohler, Senior Vice President & Chief Technology Officer, DUKE Energy-Smart Grid Deployments in the United States Experience and Strategy from a Large Utility
November 8-11, 2011
Beijing, China
page 20 of 29
Think of the Communications Node as an iPhone for the modern grid. It is a device with enough storage and processing power to enable an ecosystem of data applications that exist today and will exist tomorrow.
John J. Joyce, President and CEO of Ambient Corporation, commented, "We are excited to see the first large-scale deployment of Ambient Smart Grid communications technologies and equipment continue to expand and perform as designed to the mutual benefit of Ambient and Duke Energy. We have now delivered approximately 60,000 communications nodes through the second quarter as part of the Ohio Smart Grid implementation."
See pages 19, 20,21 Ambient Corp Smart Grid Communication Node - heart of Duke Energy Smart Grid
DUKE ENERGY Smart Grid for Mexico
These smart meters send metering data from the meter back to the Ambient Communications Node via Power Line Carrier (PLC) technology. These smart meters have internal disconnect/reconnect capabilities.
These communication boxes send metering data (gas & electric) back to our systems.
Friday, September 16, 2011
9/16/11 Update: Smart Grid stocks rallied in South Korea !!!
"Companies involved in the smart grid business surged by the daily limit after electricity shortages caused widespread blackouts across South Korea.
"The smart grid technology helps store power that can be used in an emergency. If (state utility) KEPCO had stored surplus electricity, there would have been no big confusion yesterday," said Han Seul-kee, an analyst at Woori Investment & Securities."
Re: http://mobile.reuters.com/article/idUSL3E7KG0JF20110916?irpc=932
"The smart grid technology helps store power that can be used in an emergency. If (state utility) KEPCO had stored surplus electricity, there would have been no big confusion yesterday," said Han Seul-kee, an analyst at Woori Investment & Securities."
Re: http://mobile.reuters.com/article/idUSL3E7KG0JF20110916?irpc=932
Friday, September 9, 2011
Friday, September 2, 2011
Could Ambient (AMBT) Double Again?
Could Ambient Double Again?
Could Ambient Double Again?
Released on Wednesday, August 31, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - Ambient (AMBT) recently moved from the OTCBB to the NASDAQ. In July, AMBT moved from around the $7.00 level to around the $14.00 level and has since given back its gains with AMBT now around $7.00 again.
AMBT reported outstanding second quarter results on August 10th with record revenue of approximately $16 million and net income of approximately $2.5 million and cash from operating activities of approximately $5.9 million.
The company even reported a backlog of approximately $68 million.
Ambient's technology is white hot right now. What their technology does is allow utility equipment such as home power meters to communicate with the electric power grid. Their technology is known as the Ambient Smart Grid®.
The smart grid industry is growing and Ambient is a key player in it.
The main thing holding back AMBT shares right now is that the company has filed plans for a public offering of up to $57.5 million in stock. Obviously investors aren't fond of the dilution and uncertainty it brings, but once the shares are absorbed, AMBT should be quite an attractive play.
We don't believe that we'll see AMBT double in the short-term from here, but AMBT's fundamentals are solid and exciting as well as the industry that they are particpating in.
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