The Smart Energy paradigm is fast evolving from niche markets into a standardized part of the global energy portfolio, says a report from Pike Research. Oil majors, national governments, and technology developers have all reached the consensus that a more diversified energy mix is critical to sustainable economic growth in the future. As a result of this development, combined with the almost inexorable shift toward an electron-based economy, a range of new energy sources and advanced energy technologies has entered the market and started to post healthy revenue.
This white paper this brief article is taken from identifies five emerging metratrends that will have an increasing impact in 2013 and beyond. The five smart energy metatrends that Pike Research has identified for 2013 are:
- Energy is becoming increasingly democratized
- The role of government innovation funds is changing
- Technologies are converging
- The Southern African Power Pool is becoming the new BRIC
- The role of utilities is changing
The white paper outlines key trends affecting the development of Smart Energy industries worldwide, the specific market impacts of these trends in 2013, and the longer-term impact of these emerging developments. Analysis and conclusions in this paper are drawn from the firm’s ongoing Smart Energy research coverage, with forecasts included for key market sectors. There is a charge for this paper.
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