Smart Grid Micro Grid Energy T&D and Storage-Aarkstore Enterprise Market Research Aggregator

Aug. 2, 2010 - PRLog -- Smart Grid Micro Grid Energy T&D and Storage

This research report about selected Smart Grid components presents an in-depth analysis of the development, applications, products, manufacturers, and trends in the development of transmission and distribution (T&D) system automation, energy storage, and microgrids in the United States and around the world. T&D system automation is vital to smart grid development, is badly in need of repair, and has not been designed for the power needs of high technology systems. Battery storage systems can improve power quality and reliability and improve the effectiveness of intermittent renewable energy sources but are not yet cost effective in most instances. Microgrids could serve the specific needs of localized electric loads and become proxies for smart grid development but lack a common set of standards that could drive their growth. The report provides a comprehensive assessment of all three of these areas, cost and regulatory concerns that have limited their growth, the potential opportunities for new applications (particularly for integrating intermittent renewable energy sources into the grid), and an assessment of developing technologies that make the grid “smart”. Projected growth through 2014 for these areas is provided including discussion of energy demand, environmental impacts, economic conditions, consumer acceptance, stakeholder concerns, and government activities as they affect growth rates. The report also profiles manufacturers and marketers of technologies in these areas and the strategies they have adopted to maximize growth and profitability.

Scope and Methodology

This report includes both primary and secondary research. Secondary research data have been obtained from government sources, trade association publications, business journals, and company literature. Statistical data are included for industry revenue, both globally and for the United States. The market size for (T&D) system automation, energy storage, and microgrid technologies is projected from 2009 to 2014.

Potential applications, buying trends, environmental issues, and energy considerations are also reviewed and analyzed. Market size estimates and forecasts are based on government and secondary sources, and the impact of factors such as government grants and incentives, environmental concerns, fuel and energy prices, economic considerations, and demand for renewable energy sources.

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