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Future of the Smart Grid IndustryNEW YORK, July 6, 2016 /PRNewswire/ -- Self generation will be widespread and electricity from such prosumers (businesses, households, commercial establishments) will be comparable to or even cheaper than utilities. Energy storage becomes financially attractive. Payback period will get shorter. This will encourage its adoption on the grid for integrating renewable generation and performing ancillary services. New business models are starting to emerge and will evolve even further. Smart Grid as a Service, VPP as a Service, and a move from hardware to software-based services will be widespread. Demand side management and DR will become the norm. Role of aggregators in North America (NA) and Europe will be clearly defined, while DR would be an upcoming market in certain Asia-Pacific (APAC) and Latin America (LA). The competitive landscape will be very vibrant with new companies and stakeholders being active in the smart grid industry. There will be consolidation, along with the emergence of major tier I integrated participants. Key Questions What are the key trends influencing the transformation to smarter grids in 2025? What will the electrical grid look like in 2025? What will be the role of different stakeholders, especially DSOs and TSOs? How much will the global smart grid industry be worth in 2025? Which areas will offer the best opportunities for growth? Which are the geographic hotspots? Which countries or regions will be the early adopters? Read the full report: http://www.reportlinker.com/p03908016-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/future-of-the-smart-grid-industry-300295031.html SOURCE Reportlinker |