Summary
The legacy power grid in the US is touted as the largest man-made machine and is valued around $1 trillion. It encompasses 300,000 miles of high voltage transmission lines and 5.5 million miles of distribution lines. The US power grid consists of more than 9,200 electric generating units with generation capacity in excess of 1 million megawatts. The power infrastructure has, of late, turned into an inefficient system that incurs regular transmission and distribution losses. The resulting power outages are estimated to cost the US industry $100 billion annually. The solution to this nagging problem is upgrading the legacy grid to a smart grid. The prospect provided by the smart grid to the US economy has prompted the US government to come up with significant financial provisions in its landmark American Recovery and Reinvestment Act (ARRA). Similar market boosting legislations are expected in the coming years as the US government tries to speed up the smart grid implementation process
Scope
* Market size and forecasts of meter data management, smart meters, home area network, vehicle-to-grid (V2G), and synchrophasors * Investment and Policy analysis for key players in the market for the US smart grid * Analysis of key players in the US market for smart grid * Trend and Outlook analysis for smart grid developments in the US * Data sourced from GlobalData databases, secondary research and primary interviews with key participants across the value chain.
Reasons to buy
* Facilitate decision-making based on historic and forecast data for smart grid technologies in the US * Develop strategies for market penetration and product development * Position yourself to gain the maximum advantage of the US smart grid market's growth potenti aston martin al * Identify key partners and business development avenues * Respond to your competitors' business structure, strategy and prospects
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