What companies are working in the smart grid space?

From GE to IBM, Schneider Electric to ABB, there is a whole host of companies working in the smart grid space to make it, well, smarter, as well as more efficient, resilient and reliable.

What is the global smart grid market?

The developments in smart grid systems, including smart appliances, smart meters, smart substations and synchro phasors, has come a long way in recent years, bringing many critical improvements in the realm of energy production. Emergen Research states that the global smart grid market is expected to reach US$122.97bn by 2027.

What is a smart grid system?

The defining element of a smart grid system is the two way flow of electricity and data, in comparison to the one way flow of the grid. The developments in smart grid systems, including smart appliances, smart meters, smart substations and synchro phasors, has brought many critical improvements in the realm of energy production.

Which companies offer smart grid management solutions?

The company's smart grid solutions deliver real, quantifiable benefits and have proved pivotal to validating the case for smart grid investment. Itron's grid management solution provides utilities with a unified platform for managing the ever increasing complexity of the smart grid. 9. Hitachi

Does IBM support smart grid development?

IBM IBM holds a significant position in the smart grid market. With presence in more than 175 countries worldwide, IBM supports smart grid uptake and development in a multitude of ways, such as through the Maximo Application Suite.

Why should you invest in a smart grid?

Founded in 1977 with efficiency at its core, it still works on this mission today, working to develop smart cities and smart solutions for sustainability. The company's smart grid solutions deliver real, quantifiable benefits and have proved pivotal to validating the case for smart grid investment.