PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Asia Pacific Utilities Gradually Shift Toward Smart Grids Finds Frost & Sullivan - The Asia Pacific countries' efforts to meet their Green Energy objectives have boded well for the smart grid market in the region, as various governments have issued regulatory mandates requiring utilities to modernize their grids
Asia Pacific Utilities Gradually Shift Toward Smart Grids Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Singapore, Singapore, 2010/02/03 - The Asia Pacific countries' efforts to meet their Green Energy objectives have boded well for the smart grid market in the region, as various governments have issued regulatory mandates requiring utilities to modernize their grids.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The utilities, spurred on by government funding and the cost saving benefits of the advanced technology, have started moving toward smart grids.

New analysis from Frost & Sullivan (powersupplies.frost.com), Asia Pacific Smart Grid Market, finds that the smart grids are set to revolutionize the profile of the current power sector from a unidirectional transmission system to an intelligent energy Internet. This change will bring with it business opportunities for a wide array of firms and changes in the operations of utilities.

"Currently, Australia, New Zealand, Singapore, South Korea, and Japan have announced major packages to stimulate Smart Grid development," says Frost & Sullivan Consultant Rajat Gupta. "The deployment of Smart Grid can result in significant cost savings for a utility through a reduction in manpower costs and peak load of power plants."

So far, only Australia has made it mandatory for utilities to install smart meters, but as the case of smart grids gets stronger, other countries in the region are expected to follow suit.

"As the demonstration projects for Smart Grids gather pace in developed nations, the business case for Smart Grids will emerge stronger," notes Gupta. "The new technology is all set to provide a massive growth opportunity to a variety of businesses including metering companies, network and software solution providers, system integrators, consultants, and equipment manufacturers."

For many countries in the Asia Pacific region, smart grids are bound to bring in returns in the long term, so it is crucial for utilities to invest heavily in them in the short term. The vendors that are part of the smart grid value chain need to customize products and service offerings to each country's and utility's need, as the market evolves from an emerging to a more mature stage.

However, while the developed nations have taken to smart grids, the lack of finance has restrained their widespread adoption in the developing countries of Malaysia, Indonesia, Thailand, and the Philippines. Once these countries learn from the experience of other nations and realize the cost and environmental benefits of large-scale smart grid implementations, their governments are likely to increase support to utilities through funding plans.

If you are interested more information on this study, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

Asia Pacific Smart Grid Market is part of the Power Supplies Growth Partnership Services program, which also includes research in the following markets: European Smart Meter Markets, United States Smart Meter Market, and United States Smart Grid Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

Asia Pacific Smart Grid Market / P368

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


Asia Pacific Utilities Gradually Shift Toward Smart Grids Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Donna Jeremiah / Carrie Low 
+603 6204 5832 / +603 6204 5910 djeremiah[.]frost.com / carrie.low[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

Voith Presents Dependable Web Break Detection with Innovative Multi-light Sensor Measuring Process
MDI Capacity Increases At BASF Verbund Site in Antwerp, Belgium
PPG Acquires Automotive Refinish Coatings Company Futian Xinshi
NEC Supplies Submarine Cable for System Connecting Hong Kong and Guam
Frost & Sullivan Recognizes MEMEX, Inc. As 2016 Global Product Leader in Machine Monitoring System
Hexagon Manufacturing Intelligence Shows Data-Driven Production Solution at StonExpo
Nexans’ HV Cables to Connect ScottishPower Renewables’ 714 MW Wind Farm to Shore
SWEP Introduces The New B649HT
Bahrain’s Alba Places Order for GE’s World-Record-Setting HA Technology & Signs Long-Term Service Agreement
PPG Coatings Create Showpiece Finish for Carrington Livery
METTLER TOLEDO Launches New Melting Point Excellence Instruments MP55 and MP80
Frost & Sullivan Applauds Borealis’ Dedicated Efforts to Enhance its Healthcare Brand and Sustainable Growth
PPG to Highlight Automotive Coatings At 2017 NAIAS
Voith Receives Order for BillerudKorsnäs 550.000 T/y Board Machine in Gruvön, Sweden
PPG Completes Acquisition of Romanian Paint and Coatings Manufacturer DEUTEK

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  1Click Games

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)