DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c8485b/european_smart_gri) has announced the addition of Frost & Sullivan's new report "European Smart Grid Market: Automation Opportunities" to their offering.
The key objective of this research service is to provide an analysis of the key trends in the European smart grid market from 2007 to 2017: to identify the opportunities for automation solution providers prevalent through investments in implementing smart grids; to determine the implications of adopting smart grids demand response strategies; to identify the industry challenges, market drivers and market restraints; to provide the key market trends and to provide strategic recommendations for automation solution providers.
20/20/20 to Unleash Revenue Growth in the Smart Grid Market
Smart grids are about building, expanding, operating and maintaining the electricity networks of the future in a way that will also help meet the European Union (EU)'s 20/20/20 climate change objectives. At the United Nations Climate Change Conference in Denmark in 2009, the EU announced and signed the 20/20/20 agreement. The agreement obliges all EU member countries to a 20 per cent reduction in greenhouse gas emissions, a 20 per cent increase in energy efficiency and a 20 per cent share of renewable energy in total energy production by 2020. Smart grid technology will enable the fulfilment of all these requirements, notes the analyst of this research. The European Technology Platform's study Smart Grids Strategic Deployment Document for Europe's Electricity Networks of the Future', published in April 2010, states that as switching from fossil fuels to renewable energy is a pressing need, European countries will have to increase their share of renewable energy in the total electricity production.
Key Topics Covered:
1. Introduction
2. Executive Summary
3. State of Electricity Sector in Europe
4. Industry Challenges, Market Drivers and Restraints
5. Smart Grid -A Better Approach to Electric Power
6. Demand Response Management -Step to Energy Efficiency
7. Smart Grid -Implementation Examples and Best Practices
8. Smart Grid -A Future Outlook and Implications for Manufacturing
For more information visit http://www.researchandmarkets.com/research/c8485b/european_smart_gri