Smart grid spending: where, when and how much



Three new smart grid spending forecasts zoom in on key topics in the smart grid space.


Smart meters will double in emerging markets next year

A study from Northeast Group anticipates smart meter deployments across 35 emerging market countries next year will be more than double the number of deployments in 2012. And with growth continuing, those countries will represent a smart metering - or advanced metering infrastructure - market of $56 billion by 2022. The study -- Emerging Markets Smart Grid: Outlook 2013 -- also reveals that:

·         The total number of electricity meters in these countries will grow to 546 million by 2022, with 27% already targeted by regulators to be "smart."

·         14 of the 35 countries are well positioned to begin large-scale smart grid deployments within the next 1 - 3 years or are already in the early stages of major rollouts. These include Brazil, Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Mexico, Poland, Qatar, Romania, Singapore, Slovakia, Slovenia, and the United Arab Emirates.


The study does not include the mega-markets of China and India; the 35 countries are from Central/Eastern Europe, Eurasia, Latin America, Middle East/North Africa, South Africa and Southeast Asia. Read more >>


On a related note, IDC Energy Insights notes that worldwide smart meter shipments surpassed 15.4 million units in the third quarter of 2012, representing year-over-year growth of 126.9% and a 58.6% increase over the second quarter. But the Asia/Pacific region grew at what IDC calls "an astonishing rate" of 516.8% year over year and 142.02% sequentially. Much of that was in China. Read more >>

Nascent building energy management systems market will see upswing

Utilities around the world are looking to building energy management systems (BEMS) to help boost the effectiveness of their energy efficiency and demand-side 

management programs, better understand customer energy use patterns, and engage multiple segments of their commercial client base with new and innovative money-saving programs. For those reasons, says another new report from Pike -- "Building Energy Management Systems for Utility Customers” -- global spending on building energy management systems will total $41 million in 2012 and will reach $319 million worldwide by 2020.


"The market for BEMS for utility customers is still nascent, with most of the leading activity being driven by utilities in the United States and Canada,” says Pike senior research analyst Eric Bloom. "On the vendor side, the BEMS market is made up of large, well-established players as well as smaller, more nimble companies that have the ability to disrupt the market dynamics with innovative technical solutions and pricing models. Other formidable market entrants include large IT firms, which offer expertise in handling enterprise-level integration and large volumes of data.” Read more >>


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