SOURCE: Frost & Sullivan

Frost & Sullivan

April 27, 2011 09:15 ET

Will This Oil Crisis Accelerate Adoption of Smart Grid Technologies?

Frost & Sullivan Hosts Complimentary Webinar: Energy Efficiency the New Fuel

MOUNTAIN VIEW, CA--(Marketwire - Apr 27, 2011) -

WHEN: Wednesday, May 4, 2011 at 1 p.m. EDT

LOCATION: Online, with free registration

SPEAKERS: Farah Saeed, Principal Consultant for Frost & Sullivan's Energy & Power Systems research group

As oil prices continue to rise, the U.S. is again reminded how vulnerable our economy is to foreign oil import. A smart grid infrastructure is aimed at improving the transition to renewable and distributed power, for controlling overall power consumption, and more importantly, the adoption of plug-in electric vehicles.

The word efficiency translates to the ability to accomplish a job with a minimum expenditure of time and effort. With respect to energy the word efficiency translates to the ability to maximize utilization of existing resources while minimizing waste. Smart grid technologies including demand side management promises better utilization of existing energy resources through improved measurement and management tools as well as associated monetary incentives. Smart grid will aid future electric vehicle consumers with variable pricing signals and help utilities deal with an increasingly dynamic distribution network. This briefing takes a look at the current market status for smart grid technologies and sales growth predictions for smart grid technologies both in the U.S. as well as rest of the world.

This briefing will benefit manufacturers of transmission and distribution technologies, investors, and utilities by discussing emerging trends and providing forward projections for the Global Smart Grid Industry.

Supporting Quotes
"The electric grid is an extremely crucial, complex and vulnerable organ in today's society and economy," said Farah Saeed, Frost & Sullivan principal consultant. "The economic development of a country or a region is dictated by the degree of power availability, consumption, reliability and quality. In an increasingly competitive market that is being fueled by fears of the irreversible impact of carbon dioxide emissions and other pollutants, countries across the globe are actively re-evaluating and modernizing their existing grid."

Supporting Resources
For more information about Frost & Sullivan's Environment & Building Technologies practice, please visit: http://www.frost.com/energy

Registration

  • To attend the briefing, e-mail britni.myers@frost.com your full name, job title, company name, company telephone number, company email address and web site, city, state and country.
  • Receive a recorded version of the briefing anytime by submitting the aforementioned contact details.

About Frost & Sullivan
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