The Smart Grid in 2010: Everything You Ever Wanted to Know

One of the biggest challenges to understanding new technologies can be the lack of centralized and credible information readily available.  Such is the problem with the Smart Grid – that buzz word concept being tossed around by cleantech companies in the Bay area to policy analysts in Washington.  But what does it mean? 

Last week, I stumbled upon a report from David Leeds of GTM Research entitled “The Smart Grid in 2010: Market Segments, Applications and Industry Players.”  The report, a cool 145 pages, provides an in depth analysis of the smart grid end-to-end, identifying the key players, the overall technology, the market drivers and barriers to adoption.  Being an information junkie like I am, I downloaded it and read almost half over the weekend.  Mr. Leeds does an excellent job of providing a type of clarity not often found in research papers and I found it not only extremely readable, but interesting. 

Some highlights:

  • About $1.3 billion in venture capital was invested in the Smart Grid sector in the last 4 years and $105 million just in the last 2 quarters of 2009
  • The electric grid remains one of the last networks not transformed by information technology (IT) and is arguably one of the furthest reaching and most extensive networks in existence.
  • The three biggest challenges facing the Smart Grid are: interoperability standards, utility business models that promote energy efficiency and proper development of systems architecture that can support enterprise-wide current and future applications.
  • Without a Smart Grid, renewable technologies will remain niche at best.  The hopes for widespread adoption of renewables is non-existent without a smart grid to faciliate and integrate these variable generation sources.
  • The Electric Power Research Institute (EPRI) estimates that it will cost $165 billion over two decades to complete the evolution to a smart grid worldwide.

The report also details the major players in the various markets within the smart grid industry and includes our client, Control4 as a company to watch in the consumer energy management systems space.  Control4 just announced $17.3 million in funding to develop its AMI (advanced metering infrastructure) business.

If you are involved or interested in this new intelligent utility system that promises to be a challenging and revolutionizing new infrastructure, this report is a must read. 

Download here – kudos to Mr. Leeds and GTM Research for an excellent piece.

Posted by: Ashley / ashleyatcaster

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: