Reportlinker Adds Smart Grids in Europe

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Mar 14, 2011, 03:10 ET

NEW YORK, March 14, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Smart Grids in Europe

http://www.reportlinker.com/p0453440/Smart-Grids-in-Europe.html

Smart Meters and Grid Automation Technologies: Business Drivers, Policy Trends, Country Profiles, Key Industry Players, Market Analysis, and Forecasts

The concept of smart grids in Europe is intertwined with an emerging vision for European industry and society over the next 40 years. Smart grids are seen as an enabler of a low-carbon Europe that, by 2050, will have reduced its greenhouse gas (GHG) emissions to 80% of their 1990 level and have almost completely ended its dependence on fossil fuels. In the process, Europe hopes to establish a leadership role in innovative energy technologies.

Today, much of the smart grid development in Europe mirrors the activity, drivers, and responses seen in North America and in other parts of the globe, but differences in priorities and emphasis exist. In particular, carbon reduction programs and energy efficiency are seen as primary drivers for smart grid and smart meter deployments. A program is taking shape that will take the use of smart grid technologies to another level over the next 5 to 10 years, linking them closely with the achievements of Europe's 2020 goals.

The EU's 20:20:20 program for 2020 – 20% reduction in GHG emission, 20% of energy provided by renewable sources, and 20% improvement in energy efficiency – is now enshrined in a wide range of national targets, laws, and regulatory orders. The importance of these targets should not be underestimated – they are providing common goals for government, utilities, service and technology providers across Europe.

This Pike Research report examines smart grid trends in Europe, and forecasts the size and growth of the market for smart grid technologies through 2020. It also forecasts smart meter deployments across Europe through 2020. The report examines the developments in European energy policy, the similarities and differences across European countries, national strategies for smart grids and smart meters, and specific European projects and pilots for smart grids. It also provides detailed profiles of ten major European countries and insight into several other key projects. The report analyzes the strategies of key players in the European market and the role of European standards bodies and other agencies promoting the adoption of smart grids.

Key questions addressed:

What are the main market drivers and barriers for smart grid deployments in Europe?

What are the key policy, technology, and economic issues that will influence the development of smart grids in Europe?

Which smart grid technologies are having the biggest impact in Europe and how will they evolve?

How do smart grid deployments differ around Europe?

Who are the key players in the market and how do they relate to each other?

How large is the European smart grid market opportunity, and how will it be segmented by application?

What is the size of the smart meter opportunity in Europe?

Who needs this report?

Smart grid hardware and software vendors

Electric utilities

Networking and telecommunications vendors