Smart Grid Technologies Attracting Billion+ Dollar Investments According to New Report
Smart Grid investments are being poured into the development of intelligent grid systems, with forecasts for significant investments still to come according to a new report
By: Real Publishing LLC
2010 is the year in which smart grid technology moved off the drawing board and out of the academic journals, and into large-scale commercial development. Worldwide smart grid investment is led by two major powers, the United States and China, each applying different business and political models to the development of intelligent grids.
This report “Smart Grids, Smart Meters, Home Controllers, Home Automation and Energy Efficiency” explores the development of intelligent grid systems, examining the smart grid technologies being developed, the rationale for development, and details intelligent grid international investments.
Until recently, the smart grid – or intelligent grid -- has been a theoretical approach to electricity supply and production management. The implementation of smart grid technology solves a number of issues that affect the current aging grid infrastructure. First, tt turns power grids upside down, changing them from centralized entities into distributed grids with multiple points of redundancy and layered back-up facilities. It permits efficiencies by applying far greater automation and control not only to the supply of power, but to its consumption as well. And it allows the incorporation of renewables into national and even international grids, by managing input from local power generation relative to needs and distributed power supply.
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This report answers the questions:
What are the key issues driving the development of smart grids?
What are the major gaps in intelligent grid technology likely to hinder development?
Who are the key players in smart grid development, both at national and corporate level?
What are the key segments that make up the smart grid environment – and how do these compare with business opportunities?
What new business relationships are required to optimize and implement smart grid development?
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Energy Business Reports publishes cutting-edge business research and analysis reports in the global energy industry including power, oil and gas, and renewables markets.