Synopsis
There has been a global underinvestment in utility infrastructure. It is dumb, outdated and in desperate need of an upgrade. The latest development is the concept of smart grids – an intelligent IP overlay over the electricity grid, with sensors and other equipment. This will allow utilities to much better manage their network, limit electricity loss, prevent outages, loadshed and provide customers with in-house information and tools (smart meters) to better manage their own energy use. In addition, utilities will be able to reduce their carbon emissions, which will offer interesting opportunities on the carbon trading market. This report provides an overview on Smart Grids including analyses and information on global smart grid activities, including a brief case study on two of the market leaders. For further analysis on environmental issues in relation to Smart Grids, see separate reports. Further information on BPL is also available from separate reports.