BOULDER, Colo.–(BUSINESS WIRE)–More than 1,300 gigawatts (GW) of wind and solar power generation capacity are expected to come online in the next 10 years, creating an unprecedented amount of instability on the grid—particularly in key markets within North America, Western Europe, and Asia Pacific. As grid operators adapt to increasing levels of variable generation on their systems, energy storage systems (ESSs) will become an integral element of their overall strategies. According to a new report from Navigant Research, the installed capacity of energy storage systems for solar and wind power integration will total 21.8 GW from 2013 to 2023.
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Assessment of the Brazilian Distribution Energy Losses Management Power Meter Market” report to their offering.
“Assessment of the Brazilian Distribution Energy Losses Management Power Meter Market”
The Brazilian distribution energy losses management market is stable with a slow, but constant growth. As the smart grid trend strengthens in the country, new and innovative solutions are expected, enhancing market revenue.
BOULDER, Colo.–(BUSINESS WIRE)–Although the market for smart grid technologies is already established, representing more than $33 billion in revenue in 2012, it has grown with little contribution from a number of countries with populations greater than 100 million, and with almost no activity in Africa, with its population of 1 billion. This suggests that the market is likely to continue robust growth for the foreseeable future. According to a recent report from Navigant Research, the market for smart grid technologies will reach $73 billion in annual revenue by the end of 2020, totaling $461 billion in cumulative revenue from 2013 to 2020.