Trailing regions North America and Western Europe will continue to present smart meter project opportunities as more late adopters come to the table

A new report from analyzes the state of the global utility electric smart meter market, tracking data related to customer endpoints, meter manufacturers, advanced metering infrastructure (AMI) communications vendors, systems integrators, and meter data management (MDM) vendors.

The smart electric meter market remains strong as developed markets continue to mature through a mix of new deployments and second-generation upgrades. Meanwhile, developing markets are showing promise as new pilot- and commercial-scale projects continue to emerge. : According to a new report from , with upwards of 469 million smart meters at the end of 3Q 2017, China continues to lead the market, accounting for 68.7 percent of tracked global installations.

“The relatively developed markets of North America and Western Europe trail China in installations but will continue to present project opportunities as more late adopters come to the table in response to lower technology costs and proven use cases,” says Michael Kelly, research analyst with Navigant Research. “In addition, a higher frequency of replacement and upgrade projects is expected, and is already beginning to play out in parts of North America, Italy, and Sweden. These second-generation projects are likely to affect vendor share and communications share selection analyses, with powerline communications already demonstrating a notable decline.”

In other regions, such as Asia Pacific, Latin America, and the Middle East, the market remains fragmented or underdeveloped thanks to deployments in major countries and limited to no activity in others, according to the report. In Africa, the region continues to be inhibited by financial constraints, though more high-level activity is emerging from countries like Egypt, Nigeria, and South Africa.

The report, , provides an analysis of global utility smart meter projects. It tracks data related to global customer endpoints, meter manufacturers, AMI communications vendors, systems integrators, and MDM vendors. The Tracker also includes an examination of the technologies, timeframes, and vendor selections for AMI deployments around the world, along with vendor selection share analysis for North America. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Global AMI Tracker 4Q17, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: China Continues to Lead the Global Smart...

Combined, these regions will account for more than 32 GW of new capacity through 2026

A new report from Navigant Research examines the ancillary service market opportunities for energy storage, providing global market forecasts for capacity and revenue, segmented by service type and region, through 2026.

The increasing penetration of renewable energy and the retirement of conventional thermal power plants are causing major shifts in energy markets that are expected to result in a greater need for ancillary services. These services support the transmission of electric power from seller to purchaser to maintain reliable operations of the interconnected transmission system. Energy storage systems (ESSs) are emerging as a new source of ancillary services required to maintain stable and efficient grid operation. : According to a new report from , Asia Pacific, North America, and Western Europe are expected to be the leading markets for utility-scale ESS capacity for ancillary services through 2026, accounting for more than 32 GW.

“Ancillary services have provided a critical foundation for emerging energy storage industries in several markets around the world,” says Alex Eller, research analyst with Navigant Research. “These services are attractive for storage developers as they often have either structured contracts or well-established competitive markets that provide a reliable source of revenue for new projects.”

According to the report, ancillary services often provide the initial high value anchor service for new storage projects. Additional applications have become more viable as ESS prices have decreased and storage becomes a more integral component of the grid. As markets evolve in the transition to a more dynamic Energy Cloud network, increasing competition for providing ancillary services from different resources is expected.

The report, , examines the ancillary service market opportunities for energy storage, with a focus on four main ancillary services: spinning reserves, non-spinning reserve capacity, frequency regulation, and voltage support. The study provides an analysis of the market issues, including drivers, barriers, and regulatory issues, associated with energy storage for ancillary services. Global market forecasts for capacity and revenue, segmented by service type and region, extend through 2026. The report also provides an overview of the trends related to ancillary service markets for energy storage and projected market sizes in regions around the world. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Market Data: Ancillary Service Markets for Energy Storage, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Asia Pacific, North America, and Western Europe...

Through 2020, the market is projected to experience annual growth of around 38 percent

A new report from examines the global market conditions and regulatory policies for plug-in electric vehicles (PEVs), providing 10-year sales and population forecasts by powertrain type and scenario.

Recent developments in the PEV market, including the rollout of long-range battery EVs (BEVs) at sub-$40,000 price points, have positioned the segment for robust growth. Since PEVs were introduced in 2011, sales have experienced annual growth of 40 percent or more, and continued growth is expected. : According to a new report from , global PEV sales surpassed 1 million in 2017, and the market is projected to experience annual growth around 38 percent through 2020.

“Battery costs have shrunk dramatically in the last five years and promise to shrink further with the commercialization of solid-state batteries on the horizon,” says Scott Shepard, senior research analyst with Navigant Research. “In addition, increasing regulatory pressure in Europe and China may well push the PEV market to the aggressive end of the forecast range regardless of oil prices.”

While most of the global market can expect robust growth in the near term, the outlook in the United States is less certain based on the potential for federal level policy changes. According to the report, if US fuel efficiency policies and government subsidies are relaxed or removed, the country will find it difficult to keep pace with other markets.

The report, , analyzes the global market conditions and regulatory policies for PEVs. The study examines the next decade of the PEV market with a specific focus on how government interventions, vehicle economics, infrastructure, and automation will affect new markets and subsequent growth of the PEV population. The study provides 10-year sales and population forecasts of major regions by PEV powertrain type: BEV and plug-in hybrid EV (PHEV). Forecasts are provided by segment under conservative, base, and aggressive scenarios alongside historical data on BEV, PHEV, and overall light duty vehicle sales. An Executive Summary of the report is available for free download on the

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Market Data: EV Market Forecasts, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Global Plug-In Electric Vehicle Sales Surpassed...

Falling costs, new technological advancements, and a fresh approach to analytics procurement make machine learning deployments easier than ever

A new report from examines use cases for machine learning in the utilities industry, detailing its advantages over other analytics techniques, and providing future requirements and recommendations.

Machine learning is rapidly moving into the mainstream and is high on the agenda of many utilities. While the technology has existed in parts of the utility value chain for years, various drivers are expected to increase its use throughout other areas of the business. : According to a new report from , machine learning has several advantages over existing utility analytics techniques when performing customer segmentation, pricing forecasts, anomaly detection, fraud detection, and predictive maintenance.

“The utilities industry is already using self-learning algorithms, particularly in the field of asset monitoring and predictive maintenance, and several reasons suggest the use of machine learning will expand to many more use cases and its adoption will accelerate,” says Stuart Ravens, principal research analyst with Navigant Research. “During the past decade, it has become easier for companies to deploy machine learning thanks to falling costs, new technological advancements, a softening of conservative attitudes, and a fresh approach to analytics procurement.”

Utilities are encouraged to investigate how and where machine learning can help their businesses now and in the future, but should be aware of existing limitations. According to the report, machine learning is best suited for a handful of specific analytical processes, including clustering, regression, and classification.

The report, , describes several use cases for machine learning and examines why machine learning has an advantage over existing analytics techniques. Future requirements for machine learning—specifically for distributed energy resources (DER) management and transactive energy—are also discussed, as are several recommendations for utilities developing their machine learning strategies. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Machine Learning for the Digital Utility, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Machine Learning Has Several Advantages Over...

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