The Deployment of Smart Grid in Europe

Published:2011/9/22 1:46:00 Author:Li xiao na From:SeekIC

The speedy deployment of smart meter technologies needs to be inspired by the tough carbon reduction goals in the European Union.

Pike Research’s report, Smart Grids in Europe, examines smart grid trends in Europe and forecasts the size and growth of the market for smart grid technologies through 2020. According to this research, the entire investment in smart grid technologies within the region will reach $80.3 billion in the year of 2020. It is estimated that 238.4 million smart meters will have been deployed across Europe in 2020.

The development of smart grid is a really part of a unique transformation which will take place across European energy networks, industry, and society over the next 40 years. The deployment covers the Europe, which will change over the next five years when the political momentum builds behind plans for carbon reduction.

The smart grid is at the core of energy and environmental policies that cover 27 countries and 500 million people. Although the Germany which is the largest electricity market in the EU has smart meter pilot schemes, it still has no plan of large-scale deployment. In contrast, Sweden is going to play a leading role in the overall European smart grid movement. A systemic view is required by the implementation of a continent-wide smart grid. The systemic view can grasp both interrelated technological and market issues and the challenges of integrating widely varying national systems.

The development of European standards for smart meters and smart grid deployments also should be solved, which is relevant to some privacy and security issues






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