Smart Cities

State of the Smart Grid Business in 2013

Smart Grid sales across the world in the last 3 years at installed prices have grown by CAGR of approx. 35% and climbed to $36.5 billion in 2012. Given the general global economic demise during this period these figures are remarkable. However they include a steady flow of refurbishment business that has for more than 10 years incrementally improved and smartened up the control and reliability of the electrical network. If we strip out these numbers then growth in pure Smart Grid is significantly lower. The main task in delivering a Smart Grid has to be in installing and bringing together Smart Grid systems such as AMI, Automatic Distributed Response and Interfacing at the customer end with Distributed Energy and Smart Buildings. This is in order to win “Negawatts” and achieve the main aim of Smart Grid; which is to accommodate the maximum amount of renewable power on the grid and reduce CO2 emissions. With […]

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