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The Turkish Smart Grid MarketLONDON, Aug. 31, 2016 /PRNewswire/ -- Determined Steps to be Taken During the Third Investment Term will Transform the Grid What are the key selection criteria for system suppliers in Turkey? Market Overview of Smart Grid - The Turkish electricity grid has been undergoing substantial transformation beginning with the privatisation of the distribution grid in 2008. Application of digital technologies encouraged by EMRA policies is aiming to manage the growth of renewable and distributed energy resources and increasing the participation of electricity customers and businesses. - Technological investments in grid bring advantages both in electricity generation and consumption stages. Attempts to make grids smarter not only enable electricity distribution companies to control and manage working process, but they also affect the demand side. End users become participants in the market. - Turkey is at an early stage of development in the smart grid market. Electricity generation and transmission and distribution companies are investing in the deployment of integrated information and communication technologies as a solution for transforming the traditional grid into an efficient and well-managed smart grid. - Increasing the share of renewable energy resources is in the agenda of the Ministry of Energy and Natural Resources. Smart grid helps to predict the load of intermittent and fluctuated power supply from renewables. Negative effects of this fluctuation is aimed to be minimized. - The first concrete step toward smart grid transformation can be considered as "Energy Efficiency Strategy Paper" (2012–2023), which targets demand-side management by replacing traditional meters with automated meter reading systems. Download the full report: https://www.reportbuyer.com/product/4062671/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-turkish-smart-grid-market-300321117.html SOURCE ReportBuyer |