Smart grid outlook: So many reports, so little time (but we've got you covered)
In any industry, staying current on market trends is important. In the smart grid industry right now, it's pretty much essential. But if you have trouble keeping up with the endless stream of numbers and forecasts the research firms spew out, not to worry. Below and on page 2 weâ€™ve pulled together report summaries we think are worth a look.
Inside Clean Energy â€“ This report from Zpryme does a nice job outlining some of the challenges and opportunities in the United States clean energy sector. The report provides succinct snapshots of recent news, policies and leading technologies in biomass, clean coal, geothermal, solar, wind and energy storage. Get the report >>
Analysis of the North American AMI Market â€“ Utilities are responding to increasing demand for energy by upgrading their systems, which has meant a huge boost for the AMI market, according to a new report from Frost & Sullivan. In turn, growth in smart meter deployments is expected to accelerate demand for data analytics. The forecasts:
Â· The AMI market earned revenues of more than $2.74 billion in 2011 and F&S estimates it will reach $4.56 billion in 2016 at a compound annual growth rate (CAGR) of 10.7 percent.
Â· Sales for meter data management combined with customer and program data management is expected to account for 32.6 percent of total sales by 2016 versus 30 percent in 2011.
Tracking Clean Energy Progress â€“ Noting that solar PV and onshore wind are bright spots globally, a new report from the International Energy Agency (IEA) laments "halting" progress on other clean technologies it says have great potential for energy and emissions savings. In particular the report says that vehicle fuel-efficiency improvement is slow, and significant untapped energy-efficiency potential remains in the building and industry sectors, although as you'll read in the next summary, home builders in the U.S. might say otherwise. Read more about the IEA report >>
New and Remodeled Green Homes: Transforming the Residential Market â€“ The green homes share of the construction market was 17% in 2011, equating to $17 billion, and expected to rise 29%-38% by 2016, potentially a $87â€“114 billion opportunity, based on the five-year forecast for overall residential construction, according to a report from McGraw-Hill Construction released earlier this week. The report found that use of energy-efficient features is pervasive in the marketâ€”the top practice by nearly all surveyed builders and remodelers, regardless of their level of green building activity. "In the current residential market, there is an enormous need to differentiate your homes for consumers," says Harvey Bernstein, VP of Industry Insights and Alliances at McGraw-Hill Construction. "When builders are able to offer homes that not only are green, but also offer the combination of higher quality and better value, they have a major competitive edge over those building traditional homes." Read more about it >>
In case you missed theseâ€¦