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Glen Allen, Virginia:  NanoMarkets/Smart Grid Analysis has just published a new report showing that by 2015 almost $5.0 billion in new business opportunities will emerge from Smart Grid opportunities in Europe.  These revenues will come from high-voltage transmission, FACTS, transformers, distribution automation and management, energy storage and smart meters.

Further details about the report, New Business Opportunities In European Smart Grids, can be found on the firm’s website at http://www.nanomarkets.net  .;

 

Findings from the Report

 

European Smart Grid market will be driven primarily by European Union (EU) energy policy requirements.  Specifically, the EU has mandated that by 2020 renewable energy must contribute 20 percent of total energy in its member states and has also set a target of 20 percent for interconnection of grids.

 

As a result of these rulings, the report predicts that there will be a surge in sales of utility class energy storage systems, FACTS systems and high-voltage transmission systems.  For example, Smart Grid storage systems, a very small market at the present time, are expected to generate $1.2 billion in sales in Europe by 2015. High-voltage DC transmission system sales in the region are also expected to double by that year.

 

Finally, the EU also has ambitious plans for metering and wants 80 percent of all European homes to have smart meters installed by 2020.  In fact, many European utilities are already rolling out smart meters for both homes and businesses and as a result, the European smart meter market is expected to reach $1.3 billion by 2015.

 

About the Report:

 

This report analyzes and quantifies the opportunities for firms seeking to exploit the new opportunities emerging in the Smart Grid markets of Europe.  It provides an analysis of the market and regulatory environments for Smart Grids in all the major – and many of the minor – European countries, as well as a discussion of the important Smart Grid projects in these countries.  

 

The most influential suppliers of Smart Grid products in Europe are profiled and eight-year shipment forecasts of Smart Grid products are included.  Forecasts are in volume and value terms and are broken out by country, wherever possible.

 

This is the latest in the firm’s on-going coverage of opportunities in the Smart Grid era.  NanoMarkets’ Smart Grid Analysis unit has published on many areas of Smart Grid opportunities, including a companion volume to this one covering Asian markets.  Further details about this and other related reports can be found on the firm’s website at http://www.nanomarkets.net  .; 

 

Among the many companies mentioned in this report are:  ABB, Alcatel-Lucent, Atmel, Atos Origin, BatScap, Bosch Siemens Hausgerate, Cellstrom, Cisco, Deutsche Telekom, Echelon, EDF, Elster, Endesa, Enel, Energy& Meteo Systems, GE, Iberdrola, IBM, ISET, Iskraemeco, Itron, Kema, Landis+Gyr, National Grid, NGK, Nokia Siemens Networks, Oracle, Re-Fuel Technology, ReVolt, SAP, Sagem, Samares, Schneider Electric, Siemens, Silver Spring Networks, Telefonica, Televent, Trilliant, Vodafone,  and Vattenfall,

 

About NanoMarkets:

 

NanoMarkets tracks and analyzes emerging market opportunities in energy and electronics markets created by developments in advanced materials. The firm has published numerous reports related to electronics and display materials.  Visit http://www.nanomarkets.netfor a full listing of NanoMarkets' reports and other services.

 

About Smart Grid Analysis:

 

The mission of Smart Grid Analysis is to provide comprehensive and actionable industry analysis of the emerging Smart Grid market that clients can leverage to meet their business and technology objectives. The data is available in our market research reports, white papers and consulting engagements or through one-on-one engagements with our analysts. Visit us on the web at http://www.smartgridanalysis.com

 

Contact:

 

Robert Nolan

NanoMarkets 

(804) 360-2967

rob@nanomarkets.net