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Summary of our market study
The global smart grid market exceeds $70 billion
Smart grids in France
This transformative technology optimizes the production, distribution and consumption of electricity.
Investment in smart grid technologies in France has exceeded 5 billion euros over the past decade, with more than 300 smart grid projects underway.
Countries such as Italy and Sweden have completed their smart meter rollouts. Smart meter integration has seen remarkable growth, with around 200 million units installed for electricity and 45 million for gas in the EU. More than 90% of French consumers will be equipped with a smart meter by 2022, generating an estimated energy saving of 3%.
The influence of public authorities has considerably boosted market development.
Forecasts indicate that by 2030, the smart grid market in France will have experienced significant growth, varying according to segment. The power generation segment, closely linked to renewable energy initiatives, is set to grow from 241 million euros to 1.85 billion euros. The transmission segment, on the other hand, should see more modest growth.
Around 15,000 people will be employed across the entire value chain by 2020.
On the regulatory front, the French Energy Regulatory Commission (CRE) has helped create an environment conducive to the integration of load shedding and the overall evolution of the smartgrid framework. Legislative advances such as the "NOME" and "Brottes" laws, as well as the EU's clean energy package, are concrete steps towards a greener, more efficient energy future for France.
Key players in smartgrid innovation
- Enedis : The main operator of the electricity distribution network, it is responsible for the rollout of Linky meters, which are the main interface between the consumer and the electricity grid.
- GRDF: GRDF is replicating Enedis' efforts, but in the natural gas sector. The deployment of the Gazpar meter is a crucial step in making gas distribution more efficient and more responsive to consumer needs.
- RTE:France'ssoletransmission system operator, RTE invests in sophisticated technologies for its transmission segment. RTE's role in the smartgrid network is essential in digitizing control rooms and using advanced IT and analytical tools to ensure that energy transmission across France remains stable and efficient.
- Schneider Electric: A major player on national and international markets
- ABB: ABB's global footprint enables it not only to influence, but also to drive market trends in smartgrid technologies.
- Atos WorldGrid is a leading provider of consulting services and state-of-the-art solutions for the smart grid market.
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Summary and extracts
1 Market overview
1.1 Introduction
Smartgrids are "intelligent" electricity distribution networks that use information and computing technologies to optimize the production, distribution and consumption of electricity to improve energy efficiency.to optimize the production, distribution and consumption of electricity to improve energy efficiency. Smartgrids can also help reduce greenhouse gas emissions. The global smartgrid market could exceed $200 billion by 2030
Over the past ten years, more than 5 billion euros have been invested in around 300 smartgrid projects in Europe. The smart meter segment is experiencing particularly strong growth, with 4 billion euros dedicated to their deployment over the last ten years. New devices are multiplying: energy boxes, home automation units, consumption monitoring software, etc. The business models are still uncertain, however. However, business models are still uncertain: nearly 200 million smart meters for electricity and 45 million for gas have been deployed in the EU. In addition, over 90% of French consumers have had a smart meter since 2022. These meters enable energy savings of around 3%.
As smartgrids are at the crossroads of various technologies, the market attracts a diverse range of players: electrical equipment manufacturers (ABB, Schneider, etc.) are the best positioned in the market, and information engineering services companies (SSII) also have a card to play.french players are mainly present in electrical equipment, and there are fewer strong players in the ICT sector (software and IT services).
Public authorities play a key role in the development of the smartgrid market. The EU is supporting a number of projects, which is providing a strong impetus to the market. Internationally, Sweden and Italy have established themselves as market pioneers.
1.2 The global smartgrid market: overview and main characteristics
The global Smart Grid market is booming, with average growth estimated at nearly **% per year, according to [***].
In ****, the market is valued at $** billion, and is likely to exceed $*** billion by ****, driven by growing demand from governments seeking solutions to optimize their power grids.
Sales forecast for the Smart Grid ...
1.3 The European market: uneven deployment of smart meters
Source: ****
In its **** report on smart grid projects (***), the Joint Research Centre showed the highly heterogeneous nature of smart meter deployment in member states. at that time, onlyItaly and Sweden had already finalized the installation of new-generation meters on their territories. The other Member States were in a particularly heterogeneous state ...
1.4 Domestic market
Smartgrid market size France, ****, € million Source: ****
The smartgrid market was worth €*.* billion in ****. In its **** study, EY estimates that the smart grids market will be worth around €* billion by ****, at a CAGR of +**%. This significant growth would result from a major shift in the energy landscape, from centralized generation and unidirectional ...
2 Demand analysis
2.1 The popularity of electric mobility
Smartgrids and electric vehicles
The V*G (***) concept is in line with the development of smart grids. Its principle is based on the optimal use of the electricity stored in the batteries of electric vehicles, thanks to bi-directional terminals capable of both recharging these batteries and recovering their energy when necessary ...
2.2 Demand for smart cities: urban infrastructure needs
Demand trends for smart buildings
As in many other areas of use, changes in European and French environmental legislation and various CSR reporting obligations are "forcing the hand" of players involved in the real estate market.s in the real estate market, making the option of smartgrids a viable means of ...
2.3 The smart grid in production facilities and housing: the rise of the smart house and smart factory
Demand trends in home automation
While not representing the entire home automation sector, smart grids play a major role in the smart home model, particularly with connected home automation devices that enable users to control the energy consumption of their appliances.
Poll: Do you own any home automation-related connected objects? France, ...
2.4 The evolution of electricity networks: price and consumption requirements
Smart grids also aim to optimize the operation of power grids by deploying intelligent infrastructures such as substations, advanced meters, sensors and even actuators. These technologies provide grid operators with real-time data on the status of networks, enabling them to monitor and control them remotely. This translates into improved quality of ...
2.5 Growing needs in terms of storage and integration of renewable energies
Smartgrids and their role in the storage and integration of renewable energies
The storage issue
Electricity storage, while crucial to the deployment of renewable energies, remains a major challenge. Current solutions, such as pumped storage stations and domestic batteries, are limited and have significant shortcomings. Pumped-storage power stations(***) store electricity in ...
2.6 The growing popularity of self-consumption, which, facilitated by smart grids, provides an answer to the problems of RE storage
Self-consumption means generating electricity locally, generally from renewable sources such as solar photovoltaics, and consuming it on site without necessarily feeding it back into the grid.
The link with smart grids lies in the fact that smart grids facilitate and maximizeself-consumption. By integrating advanced metering, real-time monitoring and remote control functionalities, ...
3 Market structure
3.1 Value chain
The value chain below represents a simplified version of the smartgrid flowchart. Only the main installations/projects employing smartgrids are shown, given the broad scope of the technology's application
TSO: Transmission System Operator (***)
DSO: Distribution network operator (***)
Smartgrid market value by segment France, ****/****, in millions of euros Source: ****
Between **** and ****, the ...
3.2 Production
The smart grids market in the generation segment is experiencing significant growth, mainly due to the national energy policy favoring the development of renewable energies (***). The challenges associated with the intermittency and predictability of renewable energy production are increasing demand for flexibility solutions, particularly storage. The industry estimates that around * GW ...
3.3 Transport
As France's sole transmission system operator,RTE's transmission segment projections are based on future investments. These investments are aimed at the ongoing digitization, development and standardization of **-hour control rooms, local PLCs, advanced IT and analytical technologies (***) and telecommunications networks. These investments are expected to reach nearly *** million euros by ****, compared ...
3.4 Distribution
As France's main electricity distribution network operator,Enedis covers **% of the country. Growth projections for the Distribution segment are therefore based on data provided by Enedis. In ****, distribution will represent the main segment of the smart grids market (***), as well as investments in information systems linked to smart grids, should stimulate ...
3.5 Consumption
Growth in the Consumption segment from **** to **** is mainly driven by the development of the"Electric Mobility" use case, which is expected to reach *.* billion euros in ****, compared with around ** million euros in ****. This increase is due to the expected strong growth in electric vehicle fleets and the penetration of smart ...
4 Offer analysis
4.1 Typology of smartgrid offerings in France
Also present on the market are innovative smartgrid consulting and solutions companies such as Atos WorldGrid and SmartGrid Energy (***), some of which are actively investing in smartgrid projects.some are actively investing in smartgrid equipment construction projects, such as the JBox project led by NW Joules in collaboration with Enedis, RTE ...
4.2 The installation of smart gas & electricity meters: an important step in the smart meter offering
Linky meter installation schedule
Linky meter installation schedule France, ****-****, in millions of units Source: ****
In the case of Linky meters, the customer is not the homeowner, but the municipality, which pays for their installation (***).
Electricity meter operators such as Enedis (***) are mandated by the authorities to manage, maintain and replace ...
4.3 The current V2G offering
The Vehicle-To-Grid, or V*G, makes it possible to use electric vehicles as a means of storing energy and re-injecting electricity into the site for various services when they are not in use.
Electricity is stored in the vehicles' batteries when it is cheap and low in carbon, for example when ...
4.4 Microgrid and smart substation solutions
Microgrid equipment
A microgrid is an autonomous electrical system that enables electricity to be generated and used on site, offering sustainability and resilience. It integrates energy resources such as renewable energies and diesel generators, with the possibility of storing electricity in batteries. These microgrids benefit a variety of entities, from municipalities ...
5 Regulations
5.1 Regulatory framework
The Commission de Régulation de l'Énergie (***), in partnership with RTE, quickly put in place a regulatory framework conducive to the integration of load shedding into the power grid. As early as ****, the balancing mechanism, essential for balancing the power system, was opened up to load shedding.
Recognition of load ...
6 Positioning the players
6.1 Positioning the players
- ABB Robotics
- Enedis
- Schneider Electric
- Stellantis (Groupe PSA et Fiat)
- Renault Groupe
- Nissan
- NW Joules
- Nidec ASI
- TE Connectivity
- TDK Electronics
- Le Comptoir du Visage
List of charts presented in this market study
- Projection de l'évolution du Chiffre d'affaires du secteur smart Grid
- Smartgrid market value by segment
- Number of jobs in the smartgrid market
- Breakdown of generation segment (smartgrids)
- Prospective scenario for the distribution of the generation segment (smartgrids)
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Latest news
Schneider Electric has had the best year in its history - 16/02/2024
- Net profit: 4 billion euros.
- Sales: 36 billion euros.
- Revenue growth: 13%.
- Order book for 2024: over 19 billion euros.
- Market share in electrical infrastructure for data centers: 21% in 2023.
- Hiring planned as part of this R&D investment: 6,000 people.
- Sales in the United States: over €10 billion.
- Schneider market capitalization: over 100 billion euros.
Schneider Electric returns to the exclusive club of companies worth over 100 billion euros - 12/12/2023
- Schneider Electric has a market capitalization of over 100 billion euros.
- Schneider Electric forecasts annual sales growth of 7% to 10% between 2023 and 2027.
Stellantis takes a radical turn in China. - 09/12/2023
- Signature of a strategic partnership with Chinese automotive start-up Leapmotor.
- Stellantis will acquire a stake of around 21% in the company for a total of 1.5 billion euros.
- The two companies will also set up a joint venture, Leapmotor International, 51% owned by Stellantis.
- Based in the Netherlands, it will "have exclusive rights to manufacture, export and sell Leapmotor products outside China"
- The Leapmotor International joint venture is targeting 500,000 sales outside China by 2030.
- Deliveries from the Leapmotor International joint venture are scheduled to begin in the second half of 2024.
- Stellantis terminated its joint venture with Guangzhou Automobile Group (GAC) in July 2022.
- Stellantis sold three local plants to the Chinese group Dongfeng.
A hydrogen pick-up: Stellantis' answer to Tesla's Cybertruck - 06/12/2023
- Stellantis aims to launch a hydrogen version of a RAM pickup in the USA in late 2026 or early 2027.
- The hydrogen-powered pickup promises a recharge time of less than ten minutes.
- Stellantis also plans to produce a hydrogen-powered utility vehicle at "industrial volumes" in Hordain, northern France, from next year.
- Toyota, another major manufacturer, presented a prototype Hilux that runs on hydrogen.
- Rivian, a new manufacturer, has already started selling its electric van, backed by Amazon and Ford.
United Kingdom: Nissan invests £1.12 billion in electric cars - 24/11/2023
- Nissan has announced an investment of over £1 billion in the construction of two new electric car models.
- The UK automotive industry contributes £71 billion a year to the UK economy.
- 7.more than 1,000 Nissan employees and 30,000 supply chain employees in the UK
- In 2021, Nissan and its battery supplier AESC announced a £1 billion investment in the Sunderland site to build its first gigafactory.
- German carmaker BMW announced an investment of over £600 million in the electrification of Mini cars in the UK.
- Tata, owner of Jaguar Land Rover, announced a £4 billion investment in an electric battery mega-plant in the UK.
Stellantis aims to become world leader in utility vehicles - 24/10/2023
- Stellantis is number one in Europe and aims to become number 1 worldwide in the commercial vehicle market.
- Stellantis market share in Europe: 31%
- Twelve launches planned for Citroën, Peugeot, Fiat and Opel.
- Range of electric versions: from 330 kilometers for the minivan, to 420 for the large van.
- Stellantis has 15 factories worldwide.
- Sales of Stellantis vans in 2022: 1.6 million (out of a total of 5.8 million vehicles sold).
- Commercial vehicles account for 60 billion euros, a third of Stellantis net revenues
- Stellantis aims to double sales of light commercial vehicles by 2030.
- Stellantis' target for 2030: 40% of its LCV sales to be electrically powered.
- amazon and Merchants Fleet have ordered 12,500 electric vehicles
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The Smartgrid market | France
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