Biggest Opportunities in the Smart Grid

Table of Contents

  1. Summary
  2. Smart Grid Definition
  3. Industry Evolution
  4. Market Share: AMR and AMI
  5. Smart Grid Ecosystem
  6. Current Barriers
  7. Market Opportunity
  8. Revenue Segmentation
  9. Gaps in the Market

1. Summary

  • Grid reliability improvement including outage management, capacity management, and load management.
  • Improved efficiencies in electric utility operations and mobile workforce management.
  • Power generation efficiency improvements including reduction of transmission losses and reduction of spinning reserves.
  • Integration of renewable energy assets including wind power and solar photovoltaics, both at the utility scale and on a distributed generation basis.
  • Enablement of variable electricity pricing structures based on peak and off-peak periods of demand.
  • Support for plug-in electric vehicles.
  • Improvements in customers’ ability to monitor and control energy consumption.
  • Reduction of carbon emissions from electricity generation and transmission.