Canada Smart Grid Outlook, 2012 – 2020

Canada Smart Grid Outlook, 2012 – 2020
Single User Price: $1,200.00
User: 

Summary

Canada’s smart grid technology market is projected to reach $6.94 billion by 2020. Representing a compound annual growth rate (CAGR) of 17% from 2012, making smart grid an attractive business opportunity.

The electricity sector in Canada is expected to invest $293.8 billion from 2010 to 2030 to accommodate a changing generation mix and changing market requirements, as well as to replace or update aging assets. A key element of this will be continued investment in “smart grid” technology, which will not only improve energy efficiency and extend the life of existing infrastructure, but will help make Canada more competitive in the global economy.

There is a very strong regional aspect to Canada’s energy sector and smart grid vendors should not underestimate the need to understand the market on this level. Canada lacks a strong national energy policy or push towards a national grid, so success will likely be defined by gaining deployments with a handful of utilities rather than dozens or hundreds of them.

Scope

  • Advanced Metering Infrastructure (AMI)
  • Distribution Automation (DA)
  • Advanced Transmission and Substations/Systems
  • Customer Systems
  • Enterprise IT Systems, Software, & Communications
  • Grid Scale Energy Storage
  • Microgrids
  • C&I Energy Management Systems
  • Advanced Distribution Management Systems
  • Cybersecurity
  • Cloud Applications

Reason to Buy

  • Get informatin for actionable planning
  • Gain insights to capitalize on in the Canadian Smart Grid space
  • Get overall go-to-market recommendations, major application areas, key success and much more

Date Published

July, 2013

Format / Pages

PDF / 21