Netscribes’
latest market research report titled Smart Grid Market in India 2013 covers a
wide spectrum of concerns in the smart grid industry and identifies several
factors impacting smart grid deployment in India. A Smart Grid is an ‘energy
internet’ that delivers real time energy information through technologies that
help stabilize existing grids with precise power control.
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The
technology has emerged as a growing phenomenon in the global industrial arena
and has also been given high national priority by the Indian Government. 14
pilot projects have been initiated and the market has also witnessed
substantial investments from local and international players. The boom in the
sector has also attracted several IT majors who have formed partnerships to develop
Smart Grid solutions in India.
The
smart grid industry is also witnessing a global pull owing to the US based
sector’s target of 80% renewable and 100% consumer participation in smart grid
technology by 2035. China has also revealed plans to roll out 300 mn smart
meters by 2015. The demand-supply gap of power in India will also act as a
major driver for smart grids in the Indian market. The market’s affinity for
renewable energy is also expected to stimulate its demand.
The
report also identifies a few pain points in the industry that includes the need
for larger investments and awareness in the market. Events such as Smart Grid
Summit and World Smart Grid Conference are therefore being organized to gather,
discuss and find solutions for Smart Grid development in India. The Ministry of
Power (Government of India) has constituted two organizations such as ISGF and
ISGTF for developing Smart Grid Technology in India, according to the report.
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TABLE
OF CONTENT
Macro
Economic Indicators
Introduction
Market
Overview
Smart
Grid Technologies
Pilot
Projects
Drivers
& Challenges
Government
Participation
Trends
Recent
Developments
Competitive
Landscape
Strategic
Recommendations
Appendix
Contact
M/s
Sheela
90
Sate Street, Suite 700
Albany,
NY 12207
USA
– Canada Toll Free: 866-997-4948
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