Providing market intelligence for more than 35 years

HiddenWires

Going Green: Smart Grid Drivers and Challenges for Deployments in Europe

Governments, energy providers, and technology developers in many countries around the world are actively participating in the development of smart grids. In its most complex form, a smart grid consists of two-way communicating meters, measuring devices, communication networks, energy data management systems, home area networking (HAN) platforms, and energy management programs.

The smart meter is the key base component of smart grids and the first step towards full-scale smart grid deployments. Smart meters are capable of recording and reporting usage data hourly, and when equipped with proper user interfaces, they allow customers to make informed decisions in response to real-time power consumption data. They can also enable home automation control features, such as optimised use of lighting, HVAC, and appliance controls, and energy-efficiency features.

Common Drivers and Challenges

As more governments set ambitious goals to address climate change concerns, advance metering infrastructure (AMI) is often seen as an important element of energy policies. One of the energy-efficiency programs with the largest reach and visibility is the EU action against climate change, setting ambitious targets for 2020:

* Cutting greenhouse gases by 20%.
* Reducing energy consumption by 20% through increased energy efficiency.
* Meeting 20% of the EU's energy needs from renewable sources.

These are often referred to as EU 20-20-20 targets. Many European governments are using smart meter deployments as a tool to meet these objectives mandated by European regulators.

While each country is faced with cultural, geographic, and socioeconomic peculiarities, there are several common drivers and challenges associated with the deployment of smart meter installations.

From the article, "Going Green: Smart Grid Drivers and Challenges for Deployments in Europe" by Pietro Macchiarella, Research Analyst, Parks Associates

Previously In The News

CEDIA Region 1 Celebrates Successful Conference

Chris Adams from OFCOM followed with an explanation of 4G and how this new platform would co-exist with other services in the home. Finally, the conference ended on a positive note as Tom Kerber fr...

Parks Associates Announces Speakers for CONNECTIONS Europe: Monetizing the Digital Home Conference

Parks Associates has announced the speakers for CONNECTIONS™ Europe: Monetizing the Digital Home, which features a keynote from Deutsche Telekom and research sessions on home automation, connected-...

Parks Associates Publishes Connected Home Systems and Services: The Roundup

This report provides a classification of IP home management systems and viewpoints and examples of players from across industries entering or already participating in the emerging market for connec...

CONNECTIONS Europe Features Telefónica, Orange, and Swisscom on Emerging Business Strategies for Digital Home Services

Parks Associates today announced the early sponsors and preliminary agenda for CONNECTIONS™ Europe: Monetizing the Digital Home, 13-14 November at the Crowne Plaza South in Amsterdam. The executive...