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REFERENCE CODE GDSG0031MAR | PUBLICAT ION DATE JANUARY 2014
SMART GRID MARKET IN NORTH AND SOUTH AMERICA – KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY EQUIPMENT MARKET
SIZE TO 2020
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 2 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
Executive Summary
US Leads Way in Key Smart Grid Equipment in North America
The US accounts for the largest grid in the North
American region, and it accounts for the largest
renewable and distributed energy generation. It is
a leading market globally for investments in smart
grid and the funding of smart grid projects. The US
houses many of the Electric Vehicle (EV),
microgrid, smart meters, and microgrid-related and
other-smart-grid-related equipment manufacturers.
In 2013, the US accounted for XX% of the
synchrophasor market and the market is expected
to continue until 2020. Among the US and
Canadian markets, which hold the majority share
of microgrid revenue throughout the world, the US
accounted for a share of XX% of the market. The
US is responsible for the uptake of smart grid
initiatives in North America and has provided funds
to Mexico to study and initiate the incorporation of
smart grids in its systems. In terms of renewable
energy, the US is expected to account for XX% of
the renewable capacity addition between 2014 and
2020 in the North American region. It also leads
the way in terms of EV manufacturers, EV sales
and other smart grid initiatives, in the region.
North and South America Smart Grid, Share of Key Smart Grid Equipment (%), 2013 and 2014–2020
Synchrophasors market size, 2013 Renewable capacity additions, 2014–2020
US
Canada and Mexico
US
Canada and Mexico
Source: GlobalData, Smart Grid Equipment Database [Accessed on October 21, 2013], Capacity and Generation Database [Accessed on October 21, 2013]
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 5 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND
KEY EQUIPMENT MARKET SIZE TO 2020
1 Table of Contents
1 Table of Contents ....................................................................................................................... 5
1.1 List of Tables ...................................................................................................................... 9
1.2 List of Figures ................................................................................................................... 11
2 Introduction ............................................................................................................................... 13
2.1 GlobalData Report Guidance ............................................................................................ 14
3 South and North America Smart Grid Market ............................................................................ 15
3.1 North and South America Smart Grid Market, Drivers and Restraints ............................... 15
3.1.1 North America Smart Grid Market Drivers ..................................................................... 15
3.1.2 North America Smart Grid Market Restraints................................................................. 18
3.1.3 South America Smart Grid Market Drivers ..................................................................... 20
3.1.4 South America Smart Grid Market Restraints ................................................................ 25
3.2 North America Funding Scenario ...................................................................................... 27
3.2.1 US, Funding Scenario ................................................................................................... 27
3.2.2 Canada, Funding Scenario ............................................................................................ 30
3.2.3 Mexico........................................................................................................................... 31
3.3 South America, Funding Scenario ..................................................................................... 31
4 North and South America Smart Grid, Key Markets .................................................................. 35
4.1 North and South America Smart Grid, Key Markets, Synchrophasor Overview ................. 35
4.1.1 North America Smart Grid, Key Markets, Synchrophasor Market .................................. 36
4.1.2 South America Smart Grid, Key Markets, Synchrophasor Market, Overview ................. 44
4.2 North and South America Smart Grid, Key Markets, SCADA ............................................ 46
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 6 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND
KEY EQUIPMENT MARKET SIZE TO 2020
4.2.1 North and South America Smart Grid, Key Markets, Overview ...................................... 46
4.2.2 North America Smart Grid, Key Markets, SCADA, Overview ......................................... 46
4.2.3 South America Smart Grid, Key Markets, SCADA, Overview ........................................ 49
4.3 North and South America Smart Grid, Key Markets, Renewable Energy Generation ........ 52
4.3.1 North America Smart Grid Market, Key Markets, Renewable Energy Market, Overview 53
4.3.2 South America Smart Grid, Key Markets, Renewable Energy, Overview....................... 60
4.4 North and South America Smart Grid Market, Key Markets, Microgrid .............................. 70
4.4.1 North and South America Smart Grid Market, Key Markets, Microgrid, Overview .......... 70
4.4.2 North America Smart Grid Market, Key Markets, Microgrid, Overview ........................... 71
4.4.3 South America Smart Grid Market, Key Markets, Microgrid, Overview .......................... 77
4.5 North and South America Smart Grid Market, Key Markets, Smart Meters ....................... 77
4.5.1 North America Smart Grid Market, Key Markets, Smart Meters ..................................... 78
4.5.2 South America Smart Grid Market, Key Markets, Smart Meters, Overview.................... 82
4.6 North and South America Smart Grid Market, Key Markets, Electric Vehicles ................... 86
4.6.1 North America Smart Grid Market, Key Markets, Electric Vehicles ................................ 86
4.6.2 South America Smart Grid Market, Key Markets, Electric Vehicles, Overview ............... 89
5 North and South America Smart Grid Market, Upcoming Technologies and Current Outlook ... 90
5.1 North and South America Smart Grid Market, Upcoming Technology, IT Systems ........... 90
5.1.1 North and South America Smart Grid Market, Upcoming Technology, OMS ................. 90
5.1.2 North and South America Smart Grid Market, Upcoming Technology, Distribution
Automation ................................................................................................................... 91
5.2 North and South America Smart Grid Market, Upcoming Technology, Cloud Computing .. 93
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 7 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND
KEY EQUIPMENT MARKET SIZE TO 2020
5.3 North and South America Smart Grid Market, Upcoming Technology, Virtual Power Plant
95
5.3.1 Smart Grid Market, North America, Virtual Power Plant................................................. 95
5.3.2 Smart Grid Market, South America, Virtual Power Plant ................................................ 96
5.4 North and South America Smart Grid Market, Upcoming Technology, Smart Cities .......... 97
5.4.1 North America ............................................................................................................... 97
5.4.2 South America............................................................................................................... 99
6 North and South America, Smart Grid, Policy ......................................................................... 101
6.1 North America Smart Grid, Policies ................................................................................. 101
6.1.1 US ............................................................................................................................... 101
6.1.2 Massachusetts ............................................................................................................ 114
6.1.3 Canada ....................................................................................................................... 116
6.2 South America Policy ...................................................................................................... 126
6.2.1 Brazil ........................................................................................................................... 126
7 Appendix................................................................................................................................. 130
7.1 Definitions ....................................................................................................................... 130
7.1.1 Smart Meters............................................................................................................... 130
7.1.2 Demand Response...................................................................................................... 130
7.1.3 Electric Vehicle ............................................................................................................ 130
7.1.4 Distributed Energy Generation Systems ...................................................................... 130
7.1.5 Microgrid ..................................................................................................................... 130
7.1.6 Smart Cities ................................................................................................................ 130
7.1.7 Wide Area Monitoring Systems ................................................................................... 131
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 8 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND
KEY EQUIPMENT MARKET SIZE TO 2020
7.1.8 Supervisory Control and Data Acquisition ................................................................... 131
7.1.9 Intelligent Electronic Devices ....................................................................................... 131
7.1.10 Smart Grid ................................................................................................................... 131
7.1.11 Substation Automation ................................................................................................ 131
7.1.12 Cloud Computing ........................................................................................................ 131
7.1.13 Virtual Power Plant ...................................................................................................... 131
7.2 Abbreviations .................................................................................................................. 132
7.3 Bibliography .................................................................................................................... 134
7.4 Methodology ................................................................................................................... 141
7.4.1 Coverage .................................................................................................................... 141
7.4.2 Secondary Research ................................................................................................... 142
7.4.3 Primary Research ....................................................................................................... 142
7.5 Disclaimer ....................................................................................................................... 143
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 9 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND
KEY EQUIPMENT MARKET SIZE TO 2020
1.1 List of Tables
Table 1: North and South America Smart Grid, South America, T&D Losses (%), 2012 ............................. 21
Table 2: North and South America Smart Grid, South America, GDP Growth (%), 2007–2018 ................... 24
Table 3: North and South America Smart Grid, US, ARRA Funding, as of September 3, 2013 ($bn) .......... 28
Table 4: North and South America Smart Grid, US, Funds Allocated to Smart Grid, September 2013 ........ 29
Table 5: North and South America Smart Grid, US, US DOE Awarded Projects for Synchrophasors ($),
2013............................................................................................................................................ 37
Table 6: North and South America Smart Grid, US, Synchrophasors Volume (Units) and Market Size ($m),
2009–2020 .................................................................................................................................. 39
Table 7: North and South America Smart Grid, Canada, Synchrophasors Volume (Unit) and Market Size
($m), 2009–2020 ......................................................................................................................... 41
Table 8: North and South America Smart Grid, Mexico, Synchrophasors Volume (Unit) and Market Size
($m), 2009–2020 ......................................................................................................................... 43
Table 9: North and South America Smart Grid, Colombia, Synchrophasors Volume (Unit) and Market Size
($m), 2009–2020 ......................................................................................................................... 45
Table 10: North and South America Smart Grid, US, SCADA Market Size ($bn), 2009–2020 ...................... 48
Table 11: North and South America Smart Grid, US, Breakdown of Total SCADA Revenue by Component,
2012............................................................................................................................................ 49
Table 12: North and South America Smart Grid, Brazil, SCADA Market Size ($m), 2009–2020 ................... 50
Table 13: North and South America Smart Grid, Brazil, Breakdown of Total SCADA Revenue by
Components, 2012 ...................................................................................................................... 51
Table 14: Power Market, Mexico, Installed Renewable Capacity by Source Type (MW), 2006–2020 ........... 55
Table 15: Power Market, US, Installed Renewable Capacity by Source Type (GW), 2006–2020 .................. 58
Table 16: Power Market, Canada, Installed Renewable Capacity by Source Type (GW), 2006–2020 .......... 60
Table 17: Power Market, Brazil, Installed Renewable Capacity by Source Type (GW), 2006–2020 .............. 63
Table 18: Power Market, Chile, Installed Renewable Capacity by Source Type (GW), 2006–2020............... 65
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 10 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND
KEY EQUIPMENT MARKET SIZE TO 2020
Table 19: Power Market, Peru, Installed Renewable Capacity by Source Type (MW), 2006–2020 ............... 67
Table 20: Power Market, Colombia, Installed Renewable Capacity by Source Type (MW), 2006–2020 ........ 69
Table 21: North and South America Smart Grid, US, Microgrid Market Size ($bn), 2011–2020 .................... 73
Table 22: North and South America Smart Grid, Canada, Microgrid Market Size ($m), 2011–2020.............. 76
Table 23: North and South America Smart Grid, US, Smart Meter Market Size ($bn), 2011–2020 ............... 79
Table 24: North and South America Smart Grid, Canada, Smart Meter Market Size ($m) and Volume,
2011–2020 .................................................................................................................................. 81
Table 25: Smart Grid in North and South America, Smart Meter, Brazil, Market Size and Volume, 2011–2020
................................................................................................................................................... 85
Table 26: North and South America Smart Grid, US, Battery Electric Vehicle Market (Units Sold), 2010–2020
................................................................................................................................................... 88
Table 27: North and South America Smart Grid, US, Distribution Automation Equipment Installed, 2013*.... 92
Table 28: North and South America Smart Grid, South America, Renewable Energy Target, 2015–2025 .... 97
Table 29: North and South America Smart Grid, US, Total Investment by Smart Grid Investment Grant
Program ($bn), as of March 31, 2013 ........................................................................................ 103
Table 30: North and South America Smart Grid, California, Self-Generation Incentive Program ($/W), 2012
................................................................................................................................................. 105
Table 31: North and South America Smart Grid, Massachusetts, Net Metering Class Definition, 2013 ....... 115
Table 32: North and South America Smart Grid, Ontario, Feed-In Tariff ($/kWh), 2012 .............................. 122
Table 33: Abbreviations, 2013 ................................................................................................................... 132
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 11 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND
KEY EQUIPMENT MARKET SIZE TO 2020
1.2 List of Figures
Figure 1: North and South America Smart Grid, North America, Drivers and Restraints, Impact Analysis,
2013............................................................................................................................................ 19
Figure 2: North and South America Smart Grid, South America, T&D Losses in Comparison to Leading
Economies (%), 2012 .................................................................................................................. 21
Figure 3: North and South America Smart Grid, Brazil, GDP Growth (%), 2013 and 2020 ........................... 23
Figure 4: North and South America Smart Grid, South America, Drivers and Restraints Impact Analysis,
2013............................................................................................................................................ 26
Figure 5: North and South America Smart Grid, US, Synchrophasors Volume (Units) and Market Size ($m),
2009–2020 .................................................................................................................................. 39
Figure 6: North and South America Smart Grid, Canada, Synchrophasors Volume (Units) and Market Size
($m), 2009–2020 ......................................................................................................................... 40
Figure 7: North and South America Smart Grid, Mexico, Synchrophasors Volume (Unit) and Market Size
($m), 2009–2020 ......................................................................................................................... 43
Figure 8: North and South America Smart Grid, Colombia, Synchrophasors Volume (Unit) and Market Size
($m), 2009–2020 ......................................................................................................................... 45
Figure 9: North and South America Smart Grid, US, SCADA Market Size ($bn), 2009–2020 ...................... 47
Figure 10: North and South America Smart Grid, US, Breakdown of Total SCADA Revenue by Component
(%), 2012 .................................................................................................................................... 48
Figure 11: North and South America Smart Grid, Brazil, SCADA Market Size ($m), 2009–2020 ................... 50
Figure 12: North and South America Smart Grid, Brazil, Breakdown of Total SCADA Revenue by
Components (%), 2012 ................................................................................................................ 51
Figure 13: Power Market, Mexico, Installed Renewable Capacity by Source Type (MW), 2006–2020 ........... 54
Figure 14: Power Market, US, Installed Renewable Capacity by Source Type (GW), 2006–2020 .................. 57
Figure 15: Power Market, Canada, Installed Renewable Capacity by Source Type (GW), 2006–2020 .......... 59
Figure 16: Power Market, Brazil, Installed Renewable Capacity by Source Type (GW), 2006–2020 .............. 62
Figure 17: Power Market, Chile, Installed Renewable Capacity by Source Type (GW), 2006–2020............... 64
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 12 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND
KEY EQUIPMENT MARKET SIZE TO 2020
Figure 18: Power Market, Peru, Installed Renewable Capacity by Source Type (MW), 2006–2020 ............... 66
Figure 19: Power Market, Colombia, Installed Renewable Capacity by Source Type (MW), 2006–2020 ........ 68
Figure 20: North and South America Smart Grid, US, Microgrid Market Size ($bn), 2011–2020 .................... 73
Figure 21: North and South America Smart Grid, Canada, Microgrid Market Size ($m), 2011–2020.............. 76
Figure 22: North and South America Smart Grid, US, Smart Meter Market Size ($bn), 2011–2020 ............... 79
Figure 23: North and South America Smart Grid, Canada, Smart Meter Market Size ($bn) and Volume,
2011–2020 .................................................................................................................................. 81
Figure 24: North and South America Smart Grid, Brazil, Smart Meter Market Size ($m) and Volume,
2011–2020 .................................................................................................................................. 84
Figure 25: North and South America Smart Grid, US, Battery Electric Vehicle Market (Units Sold), 2010–2020
................................................................................................................................................... 88
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 13 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
Introduction
2 Introduction
“Smart grid” refers to technological advancement, whereby computer-based remote control and
automation technology is used in the electricity delivery system for information collection and
management. This can include two-way communication technology and communication processes,
which help to increase system efficiency, facilitate faster data transfer, better process control and
better energy management. The system enables the transfer of data from power generation
(supply point) to the electricity used by the end-user application, using Information Technology (IT).
A key benefit of modernizing the electricity network through the adoption of smart grids is the ability
to reduce power consumption at the consumer end during peak hours, via demand management.
In addition, smart grids enable the connection of power to the grid from distributed generation
sources such as Photovoltaic (PV) arrays, wind turbines, micro hydro and combined heat power
generators. A smart grid also allows grid energy storage for distributed generation load balancing,
and contains or eliminates failures such as widespread power grid cascading failures. Furthermore,
smart grids drive the adoption of energy efficient appliances by modifying consumer behavior
through in-home displays and variable electricity rates.
The electricity grids in North America and South America are undergoing a significant number of
changes to become efficient and reliable. In North America, the present grid infrastructure in the
region is being upgraded because it is old and incapable of meeting the growing demand for
electricity, minimizing its environmental impact and reducing its dependency on conventional
energy sources. The economic growth of North American countries is largely dependent on their
energy infrastructures. To achieve the required progress, the North American power sector will
have to convert from the conventional one-way energy flow network to an advanced grid system
that enables a two-way flow of power and information. The deployment of smart grid technologies
will help in grid transformation and address issues such as Greenhouse Gas (GHG) emissions,
growing demand for power, peak load demand, Transmission and Distribution (T&D) losses and
integration of renewable energy sources. The South American countries are also looking at smart
grid to fight against their non-technical power losses, increasing per-capita energy consumption,
and creating an efficient power grid.
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 14 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
Introduction
2.1 GlobalData Report Guidance
Chapter two contains the introduction to the report.
Chapter three contains an overview of the smart grid market in North and South America,
along with the drivers, restraints and funding scenario in each region.
Chapter four gives an overview of the South and North America market for key smart grid
equipments such as Synchrophasors, Supervisory Control and Data Acquisition (SCADA),
renewable energy generation, microgrid, smart meter and Electric Vehicles (EV). The markets
of key countries in the region, with forecasts up to 2020, are also covered.
In the case of synchrophasors, the annual unit sales and market size of the US, Canada,
Mexico and Colombia, up to 2020, are covered. Forecasts up to 2020 of the SCADA market
size of the two major markets, namely, the US and Brazil, are also covered. In the case of
renewable energy generation, the cumulative capacity additions in Mexico, the US, Canada,
Brazil, Chile, Colombia and Peru, between 2006 and 2020, are covered. The smart meter unit
installation and market for the US, Canada and Brazil is covered. The EV market in the US
along with the current scenario of Brazil has also been covered. Since the US is the biggest
market for microgrid, the US microgrid market size until 2020 has also been provided.
Chapter five covers the current outlook of certain upcoming technologies in North America and
South America. The upcoming technologies covered are IT systems (Outage Management
System (OMS), Distribution Automation (DA)), Virtual Power Plants (VPP), cloud computing
and smart cities.
The sixth chapter covers policies for EV in key countries, namely, the US, Canada, Mexico and
Brazil.
The seventh chapter is the appendix.
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 20 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
South and North America Smart Grid Market
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
3.1.3 South America Smart Grid Market Drivers
3.1.3.1 High Non-Technical Loss Rates
Some of the leading Latin American economies, such as Brazil and Chile, have an extremely poor
T&D infrastructure, with lack of investment often cited as one of the main reasons. This has
resulted in huge T&D losses. Power theft is a problem in most Latin American countries, further
contributing to the high distribution losses.
In the case of Brazil, the country has suffered from frequent outages over the last three years.
However, the government has not yet taken necessary action to address the situation. It is more
focused on creating a robust regulatory framework to promote investment in the power generation
sector than in the transmission sector (Biller et al., 2012). Power theft is also widely prevalent in the
country’s power sector. As a result, the country suffers from high T&D losses, amounting to more
than XX% in 2011. However, the country is endeavoring to lower distribution losses by deploying
more smart meters. Chile is also characterized by poor a T&D network. Natural disasters such as
the droughts in 2008 and the earthquake in 2010 resulted in severe damage to the power
transmission system of the country. To reduce power theft, Chile is also deploying smart meters.
As a region, Latin America is said to have had electricity losses of about XX% in 2010, or XX%, if
including the Latin American countries not listed in the table below.
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 21 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
South and North America Smart Grid Market
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
Figure 2: North and South America Smart Grid, South America, T&D Losses in Comparison to Leading Economies (%), 2012
Argentina Brazil Chile Colombia Peru Venezuela US UK Canada Germany China
T&D
loss
es (%
)
South American countries Other major economies
Source: GlobalData, Capacity and Generation Database [Accessed on: October 4, 2013]
Table 1: North and South America Smart Grid, South America, T&D Losses (%), 2012 Country T&D losses
Argentina
Brazil
Chile
Colombia
Peru
Venezuela
Source: GlobalData, Capacity and Generation Database [Accessed on: October 4, 2013]
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 40 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
North and South America Smart Grid, Key Markets
4.1.1.2 Canada, Smart Grid Synchrophasor Market
The Canadian market is also a major market for synchrophasors. Its volume and size is much
smaller than the US, because its grid size is comparatively small. Canada is collaborating with the
US to understand the various benefits and requirements to install synchrophasors.
In 2003, a huge blackout that affected about XX million people in both Canada and the US
occurred. The blackout affected the functioning of XX power plants. Following this incident, Canada
and the US along with the NERC have been developing synchrophasors. There have been many
blackouts that have been prevented due to this technology (Galvin, 2013).
In 2010, XX units of synchrophasors were sold in Canada. With new projects and interest in
synchrophasors and their usage the annual units sold has increased to XX in 2013. The revenue
generated by the market in 2013 was $XXm. Units sold and revenue are expected to continuously
increase to XX units and $XXm by 2017 respectively. Following this, a review of smart grid
applications is expected around 2017. Due to this, we estimate that there will be a slowdown in the
pace of synchrophasor installation. However, this could change with the results of the smart grid
application review by NERC.
Figure 6: North and South America Smart Grid, Canada, Synchrophasors Volume (Units) and Market Size ($m), 2009–2020
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Volu
me
(uni
ts)
Mar
ket s
ize
($m
)
Market size Volume Source: GlobalData, Smart Grid Equipment Database [Accessed on October 21, 2013]
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 41 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
North and South America Smart Grid, Key Markets
Table 7: North and South America Smart Grid, Canada, Synchrophasors Volume (Unit) and Market Size ($m), 2009–2020
Year Market size Volume
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
Source: GlobalData, Smart Grid Equipment Database [Accessed on October 21, 2013]
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 130 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Appendix
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
7 Appendix
7.1 Definitions
7.1.1 Smart Meters
Smart meters are electric meters, which record electricity consumption every 15 minutes and
communicate this data to utilities for billing purposes. The meters facilitate two-way communication
between consumers and utilities.
7.1.2 Demand Response
Demand response is a dynamic demand mechanism, which monitors and manages customer
electricity consumption according to supply situations. The mechanism can be implemented in
residential, commercial and industrial establishments.
7.1.3 Electric Vehicle
The category EV represents all vehicles in which electricity is used to propel the vehicle. The EV
includes PHEV, HEV and BEV.
7.1.4 Distributed Energy Generation Systems
Distributed energy generating systems include technologies such as PV systems, wind turbines,
small-scale hydropower generating systems, fuel cells and others, which help to generate power on
a small scale, at consumer premises.
7.1.5 Microgrid
A microgrid is an integrated power delivery system that is comprised of distributed energy
resources, multiple interconnected loads and intermediate storage units.
7.1.6 Smart Cities
A smart city is a collection of smart computing technologies applied to various critical infrastructure
components and services such as city administration, education, healthcare, public safety, real
estate, transportation and utilities, in order to improve operational efficiency.
Smart Grid Market In North And South America - Key Issues, Regulations, Current Market Outlook and Key Equipment Market Size to 2020 131 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Appendix
SMART GRID MARKET IN NORTH AND SOUTH AMERICA - KEY ISSUES, REGULATIONS, CURRENT MARKET OUTLOOK AND KEY
EQUIPMENT MARKET SIZE TO 2020
7.1.7 Wide Area Monitoring Systems
Wide-area monitoring systems help monitor the condition of the grid on a real-time basis with the
assistance of phasor measurement units installed across the grid.
7.1.8 Supervisory Control and Data Acquisition
A SCADA system refers to an industrial computer, which is used to control and monitor the flow of
grid data. The system gathers data from monitoring and control devices that are attached to power
grid.
7.1.9 Intelligent Electronic Devices
intelligent electronic devices are used for the protection and control of power grid assets. The IEDs
can communicate directly with the SCADA system and have the ability to control devices locally in
order to perform protection functions.
7.1.10 Smart Grid
A smart grid is an efficient power grid that delivers electricity to consumers using digital technology
with reduced costs and increased reliability. It will incorporate advanced technologies such as
automated metering infrastructure, sophisticated communication technologies and advanced
storage systems. This makes it highly responsive, with minimal power losses.
7.1.11 Substation Automation
Substation automation refers to the use if data from IEDs, control and automation capabilities
within the substation, and control commands from remote users to control power system devices.
7.1.12 Cloud Computing
Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a
shared pool of configurable computing resources (such as networks, servers, storage, applications,
and services) that can be rapidly provisioned and released with minimal management effort or
service provider interaction (NIST, 2011).
7.1.13 Virtual Power Plant
A VPP is a concept that involves aggregation of distributed energy generation resources so that the
electricity generated through them can be used as a stable source of electricity
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7.2 Abbreviations
Table 33: Abbreviations, 2013 Abbreviation Full form
AMI Advanced Metering Infrastructure
ANEEL Brazil National Electric Energy Agency
ARRA American Recovery and Reinvestment Act
ATV Advanced Technology Vehicle
BCIT British Columbia Institute of Technology
BEV Battery Electric Vehicle
BNDES Brazilian Development Bank
CAGR Compound Annual Growth Rate
CFE Federal Electricity Commission (Comisión Federal de Electricidad)
CHP Combined Heat and Power
CIS Customer Information Systems
CPUC California Public Utilities Commission
CRE Energy Regulatory Commission (Comisión Reguladora de Energía)
DA Distribution Automation
DEEP Department of Energy and Environmental Protection
DER Distributed Energy Resources
DMS Demand Management System
DOE Department of Energy
DPU Department of Public Utilities
EISA Energy Independence and Security Act
EMS Energy Management Systems
EPAct Energy Policy Act
ESM Energy Surety Microgrid
EV Electric Vehicle
GDP Gross Domestic Product
GE General Electric
GHG Greenhouse Gas
GIS Geographic Information Systems
GW Gigawatts
HAN Home Area Network
HARP Hydrogen Assisted Renewable Power System
HEV Hybrid Electric Vehicle
ICE Innovative Clean Energy
ICT Information Communication Technologies
INL Idaho National Laboratory
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IOUs Investor-Owned Utilities
IP Internet Protocol
IPI Industrialized Products
ISO Independent System Operator
IT Information Technology
IVR Interactive Voice Response
kW kilowatt
kWh kilowatt hour
MEM Microgrid Energy Management
MoU Memorandum of Understanding
MW Megawatt
NASPI North America Synchrophasor Initiative
NERC North America Electricity Regulatory Commission
OMS Outage Management System
PG&E Pacific Gas & Electric
PHEV Plug-in Hybrid Electric Vehicle
PIER Public Interest Energy Research Program
PLC Power Line Communications
PNNL Pacific Northwest National Laboratory
PPB Basic Production Process
PUC Public Utilities Code
PV Photovoltaic
R&D Research and Development
RPS Renewable Portfolio Standards
SCADA Supervisory Control and Data Acquisition
SCE Southern California Edison
SDG&E San Diego Gas & Electric
SME Smart Metering Entity
So Cal Gas Southern California Gas Company
SPIDERS Smart Power Infrastructure Demonstration for Energy Reliability and Security
T&D Transmission and Distribution
tcf trillion cubic feet
ToU Time of Use
USTDA US Trade and Development Agency
VPP Virtual Power Plant
W Watt
Source: GlobalData.
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7.3 Bibliography
Academy of Finland (2013). Chile. Academy of Finland. Available from http://www.aka.fi/en-
GB/A/Funding-and-guidance/Funding/International-coopearion/South-America/Chile/
[Accessed on November 15, 2013]
Argonne National Laboratory (2013). Light Duty Electric Drive Vehicles Monthly Sales Updates.
Argonne National Laboratory. Available from:
http://www.transportation.anl.gov/technology_analysis/edrive_vehicle_monthly_sales.html
[Accessed on April 12, 2013]
ARRA (2013). Track the Money. Recovery.gov. Available from:
http://www.recovery.gov/Pages/default.aspx. [Accessed on October 28, 2013].
Arrubarrena, M. et al (2012). Potential Development Zones for Geothermal Direct Uses in
Mexico with a Specific Site Recommendation. Geo-Heat Center, Oregon Institute of
Technology, August, 2012. Available from: http://geoheat.oit.edu/bulletin/bull31-2/art2.pdf
Bayar (2013). Chile Ups Renewable Energy Target. Renewable Energy World.Com. Available
from http://www.renewableenergyworld.com/rea/news/article/2013/09/chile-ups-renewable-
energy-target [Accessed on November 20, 2013]
Biller, D. et al. (2012). Brazil Suffers Fifth Power Outage Since Crackdown on Utilities.
Bloomberg. Available from http://www.bloomberg.com/news/2012-10-26/brazil-suffers-fifth-
power-outage-since-crackdown-on-utilities.html [Accessed on March 4, 2013].
BP Statistics (2013). Statistical Review of World Energy 2013. British Petroleum. Available
from: http://www.bp.com/en/global/corporate/about-bp/statistical-review-of-world-energy-
2013.html. [Accessed on November 4, 2013].
Berst J (2013). The US Government will pay you to Develop Synchrophasor Applications.
SmartGridNews.com. Available from:
http://www.smartgridnews.com/artman/publish/Delivery_Grid_Optimization/The-U-S-
government-will-pay-you-to-develop-synchrophasor-applications-6077.html#.Um33m2UoHHo.
[Accessed on October 28, 2013].
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7.4 Methodology
GlobalData’s dedicated research and analysis teams consist of experienced professionals with a
pedigree in marketing and market research, consulting backgrounds in the energy industry, and
advanced levels of statistical expertise.
GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and
the Strategic and Competitive Intelligence Professionals (www.scip.org).
All GlobalData’s databases are continuously updated and revised. The following methodology has
been followed for the collection and analysis of the data presented in this report.
7.4.1 Coverage
The report comprises:
An overview of the smart grid market in North and South America, along with the drivers and
restraints and funding scenario in each region
An overview of the market for key smart grid equipment such as synchrophasors, SCADA,
renewable energy generation, microgrid, smart meter and EV
Coverage of key countries in the region for each market with forecasts up to 2020
In the case of synchrophasors, annual unit sales and market size, up to 2020, of the US,
Canada, Mexico and Colombia
In the case of SCADA, market size and forecasts of the two major markets until 2020: the US
and Brazil
In the case of renewable energy generation, the cumulative capacity additions of Mexico, the
US, Canada, Brazil, Chile, Colombia and Peru, from 2006 to 2020
In the case of smart meter unit installations, the market for the US, Canada and Brazil
In the case of the EV market, the current scenario in the US and Brazil
In the case of the microgrid market, US forecasts until 2020
The current outlook of upcoming technologies such as IT systems (OMS, DA), VPPs, cloud
computing and smart cities
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Policies for smart grid in key countries, namely, the US, Canada, Mexico and Brazil
7.4.2 Secondary Research
The research process begins with exhaustive secondary research within GlobalData’s own
databases and external sources.
Market value and volume estimates and market growth rates are arrived at by taking the following
into consideration:
Statistics and historical trends provided by government bodies, industry associations and
equipment vendors for smart grid markets and equipments
Electric utility plans for deploying or upgrading smart grid systems or the transmission and
distribution network
Government and private sector investments
Other insights built through secondary research and analysis of company websites, annual
reports, investor presentations, industry and trade journals, and association data.
7.4.3 Primary Research
A number of primary interviews are conducted with personnel across the value chain to verify and
fine-tune the market numbers obtained from secondary research and get first-hand information on
industry trends.
Participants are drawn from a diverse set of backgrounds including battery manufacturers, electric
vehicle manufacturers, battery component manufacturers, national laboratories, industry
associations and government bodies. Participants include, but are not limited to, business
development and sales managers, C-level executives, industry consultants and purchasing
managers.
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7.5 Disclaimer
All Rights Reserved.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any
form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior
permission of the publisher, GlobalData.
This report is a licensed product and should not be reproduced without prior permission.