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Editor: David Keighley
19th January 2012

The need to reduce CO2 emissions within the existing electricity production and supply grid will drive the future growth of the Smart Grid business according to new analysis that forecasts total expenditure to 2030 and highlights investment and financial activity in the market.

In its new report, Memoori Research says that by 2018 the world pure Smart Grid business will need to be running at $155 billion - some 50 per cent larger than the current annual expenditure for all electrical transmission and distribution equipment. And this will require major restructuring of both the supply and demand side if a truly Smart Grid is to be realised.

Memoori says that its research estimates that $2 trillion will need to be invested globally by 2030. But sales of Smart Grid systems in 2010 stood at just $16 billion, clearly showing the business still has a long way to go. At 182 pages, and with over 23 charts and tables, 'The Smart Grid Business 2011 to 2016' report filters out important conclusions, supported with facts, as to what is shaping the future of the Smart Grid industry. See more at www.memoori.com/smart-grid-2012.

EVENTS & EDUCATION

peCourses focus on gas and electricity purchasing
Power Efficiency and the Major Energy Users' Council are hosting training courses based on the principles and practice of gas and electricity purchasing. More?

ctOnline energy saving tool to 'Empower' employees
An online tool from the Carbon Trust aims to provide employees with advice on energy saving in the workplace. More?

MACHINERY & PRODUCTION PROCESSES

buValves and positioners offer efficient process operation
Burkert has expanded its product range for efficient control in the water treatment, food, pharmaceuticals and biotechnology sectors. More?

meFaster transformer testing uses a single connection
With Megger's MTO300 transformer ohmmeters, key resistance measurements are made without disconnecting and reconnecting test leads. More?

BUILDINGS & FACILITIES

eoModular connection box provides easy lighting control
Lighting control company Ex-Or has extended its Connect range of connection centres with the UltraLite CD (Connect Digital) Box. More?

meMobile display takes aircon control out to sites
Mitsubishi Electric's special mobile display unit allows the company to take its range of advanced aircon control systems out to customers' buildings. More?

VEHICLES & TRANSPORT

beUK forum to promote 'plug-in' vehicles
A group of key automotive and energy organisations has linked up to create a forum that will promote the use of low emission vehicles. More?

icCollege study shows biofuel potential of festive waste
Scientists at Imperial College have shown how industrial quantities of waste paper could be turned into high-grade biofuel to power motor vehicles. More?

ENERGY PROCUREMENT & MANAGEMENT

waOptimiser to aid effective smart meter roll-out
A software 'Optimiser' system has been developed to help UK utilities deal with the forthcoming smart meter installation programme. More?

egCRC guide aims to reduce impact of energy tax
A 'Quick Guide' to the CRC from ENER-G and Cornwall Energy Assoc. helps organisations manage the tax that will apply to large energy users this year. More?

MICRO-GENERATION

oeWood pellet boilers could attract savings through RHI
Organic Energy maintains that organisations could reap fuel cost savings through the Renewable Heat Incentive by using wood pellet boilers. More?

spAdding Clarity to solar plant data and control
Solar Power Technologies' Clarity system is an intelligent suite of hardware and software that maximises the performance of large solar sites. More?

FUNDING & FINANCE

seSEP and SSE combine to establish £95m green fund
A £95m clean energy fund set up by Scottish Equity Partners and SSE Ventures will help innovative green energy businesses. More?

LEGISLATION, REGULATION & STANDARDS

ceCrown Estate opens up N.Ireland offshore potential
The Crown Estate has launched offshore wind and tidal stream leasing rounds to select developers for up to 800MW of projects in N.Ireland waters. More?

David Keighley
Editor
EfficientEnergy.net

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