This Is What Europe’s 2014 Smart Grid Landscape Looks Like

Europe may lag the United States and China in terms of overall smart grid investment, but it’s still a multi-billion-dollar market for smart meters, distribution automation, and the next wave of distributed, renewable energy integration. And while U.S. smart grid investments have been falling over the past year, Europe’s investments are growing.

So says the European Commission’s Joint Research Centre, which this week released a report tallying more than 450 projects representing a collective investment of €3.15 billion ($4.28 billion) across the 28 EU member states, plus Switzerland and Norway.

That tally includes 50 new projects, worth a combined €475 million ($646 million), that have started since the JRC’s last report, which covered projects through late 2012. Over that time, 400 new companies entered the smart grid sector.

source: greentechmedia.com