Markets for Sensors for the Smart Grid: 2014-2021
• The “smart grid” is still in an early stage of deployment, but is evolving to suit advanced sensor technologies. Smart grids require multiple sensing, monitoring, and control functions at various levels—thus presenting several opportunities for smart grid sensors going forward. Not all these opportunities are available immediately. Also, once developed, these sensing devices will do not only smart grid functions but also other industry functions.
• Smart grids will become more interdependent on increasingly complex systems including renewable energy integration, energy storage, and electric vehicles. In this report, these interdependencies and their implication for sensor opportunities are brought out clearly and objectively.
• Multiple technologies are being developed by different vendors for solving a common problem. This report attempts to disseminate some of those technologies and their solutions, and how they are aiding to build a smarter grid.