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New Business Opportunities in European Smart Grids
NanoMarkets, Sep 2010
Smart Grid deployment in Europe is being driven forward by recent grid failures affecting several countries, the integration of decentralized and renewable power supplies, and the optimization of energy efficiency and power quality. As a result we believe there are major business opportunities to be had for suppliers of electrical transmission and distribution equipment, energy storage systems, communication equipment, as well as metering and customer premises equipment for Smart Grids.
Recently, the European Smart Grid market has been the recipient of much media attention and corporate hype. However, this report provides a clear and objective analysis of where the real opportunities are developing. This report identifies those opportunities and quantifies them, both by type and by country, as well as analyzing the major players active in European Smart Grid markets. In addition, we examine the key Smart Grid projects taking place in Europe, including both the important R&D programs being coordinated by the EU and significant programs in individual nations. The report also takes a look at standardization in Europe, since this is viewed as a key issue in the development of Smart Grids in Europe - due to the involvement of many different sectors along the chain from power generation to household appliances.
This report is a must read for all firms who plan to compete in the European Smart Grid market as it evolves. It is a clear guide to where the money will be made, what the business challenges will be and who the likely winners will be.
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