Short on time? Take our quick tour of current smart grid market research
Sometimes there just isnâ€™t enough time in the day to scan through all of the smart grid market research available. Thatâ€™s why we offer readers a quick tour of selected recent research. Read on for a look at industry forecasts and reports.
Electric utilities in the US are expanding their use of social media and mobile applications to improve smart grid benefits and better engage with their customers. Of the 50 largest utilities, 49 currently have active Twitter accounts, all have Facebook accounts and 15 have mobile apps. These media are critical in reaching customers during power outages but also in providing energy savings tips, bill pay and other customer engagement services, according to a new study published by Northeast Group, LLC. Read more >>
According to a new tracker report from Navigant Research, there are now more than 388 remote microgrid projects in operation, under development, or proposed worldwide â€“ almost as many as all other segments combined. In terms of capacity, however, the market is now led by the community/utility segment, with a total capacity of 1,111 megawatts (MW) as of the first quarter of 2014, according to the report. Read more >>
Thanks to strong encouragement from North American countries for the implementation of Combined Heat and Power (CHP) technology, the regionâ€™s CHP installed capacity is expected to increase from an estimated 93.5 Gigawatts (GW) in 2014 to 115.9 GW by 2020, at a Compound Annual Growth Rate (CAGR) of 3.6%, forecasts research and consulting firm GlobalData. Read more >>
IDC Energy Insights announced a new report, â€œBusiness Strategy: IDC Maturing Model Benchmark â€“ Big Data and Analytics in Utilities in North America,â€ which presents the results of the first IDC BDA Maturity Model benchmark based on a study of 760 organizations including 59 utility companies at $500+ million in revenue. Read more >>