New DOE report reveals spending pipeline to smart grid companies

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A new report from DOE outlines spending and market share trends in the smart grid arena, and highlights $2.75 billion in annual product sales in three top smart grid categories: AMI, demand response and distribution grid management. The research study report, titled the 2010 U.S. Smart Grid Vendor Ecosystem Report, also yielded up some interesting, if not all that surprising observations:

·         The increasing sophistication of smart grid data and communications applications is driving the trend toward integration and partnerships among companies involved in the market.

·         $1.7 billion in venture capital has been invested in smart grid companies between 2007 and 2010. Most of it has been going to AMI and home and building energy management product suppliers.

·         It's not just venture-backed innovators making the big waves in the market. Study findings show that the wider smart grid vendor world is populated with a wide variety of companies: large and small, new and old, domestic and international.

Quick Take: The study's general findings probably aren't news to the great majority of our readers, but if you want details, the 94-page report has plenty.

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