The Super Grids Market 2012-2022
A combination of ageing infrastructure, rising use of renewable energy sources which need to be integrated into the existing grid, rising demand for electricity, and improvement of energy security are beginning to translate into growth in the super grid market. To tap the full potential of renewables, a super grid is necessary to offset intermittency issues and accelerate deployment of distributed renewable generation. This will also reduce transmission losses offering lower cost electricity, leading to increased industrial competiveness. Over the forecast period many regions and countries will experience strong growth in the super grids market as a number of governments and utility companies rush to upgrade and expand the transmission and distribution infrastructure.