Brazil's Smart Grid Market Will Reach $36.6 Billion by 2022 - Report
WASHINGTON, DC -- Smart grid investments in Brazil will reach $36.6 billion by 2022, according to a new study released today by Northeast Group, LLC. Utilities in Brazil will use the smart grid investments to help reduce electricity theft, improve the reliability of electric infrastructure, offer new pricing plans for customers and enable economic growth.
"Brazil's rapidly growing economy is straining the existing electric infrastructure and smart grid investments will be critical to address the many challenges facing the sector. Brazil, with the fifth largest population in the world, is eager to upgrade its infrastructure in the run-up to the 2014 World Cup and 2016 Summer Olympics when it will be on the world stage," according to Northeast Group.
"A very significant problem in Brazil is the high rate of electricity theft. This is both a public safety issue and also unfairly requires paying customers to subsidize those stealing power. Smart meters are very effective tools in helping reduce electricity theft," according to Northeast Group.
Smart metering - or advanced metering infrastructure (AMI) - will be the smart grid program leading the way in Brazil. The centerpiece of Brazil's smart grid plans is a target set by ANEEL, the Brazilian electricity regulator, to deploy 63 million AMI meters by 2021. Detailed regulations are expected within the next year and these will drive large-scale AMI deployments across the country. In addition, distribution automation, home energy management and other smart grid technologies are expected to grow in Brazil over the coming decade.
"Establishing the regulatory framework will be the catalyst for large-scale AMI deployments," according to Northeast Group. "But even in advance of these regulations, Brazilian utilities have been very active in piloting AMI. Almost all of the utilities have piloted AMI in some form and five of the largest utility groups with non-technical losses above 14% found that AMI deployments can bring immediate benefits by reducing theft. Several Brazilian utilities are even already experimenting with full-scale 'smart city' concepts that leverage a number of smart grid applications, such as distributed renewable generation and sophisticated home area networks."
The study - Brazil Smart Grid: Market Forecast (2012-2022) - forecasts 14 segments of the smart grid market in Brazil. These include market values for AMI segments (meter hardware, communications, IT, professional services and installation costs); distribution automation segments (substation automation; fault detection, isolation and restoration (FDIR); volt/VAR optimization (VVO); and grid monitoring and control); wide area measurement (synchrophasors), and home energy management segments (home area networks, electric vehicle supply equipment and smart solar inverters) through 2022. The study also provides a detailed overview of the electricity industry structure in Brazil. It profiles the 12 consortia controlling 33 of the largest distribution utilities that make up 90% of the market. A smart grid vendor analysis in the report profiles those firms positioning themselves to win large smart grid contracts, including domestic Brazilian firms poised to partner with international smart grid vendors.
The study is 128 pages long and includes over 65 charts, tables and graphics. Primary research was completed on the ground in Brazil and secondary research used English and Portuguese sources.
Companies covered in this report:
ABB (Sui)
AES (US)
Alstom (Fra)
BPL (Fra)
Celesc (Bra)
Cemar (Bra)
Cemig (Bra)
CESP (Bra)
Choice (Bra)
Copel (Bra)
CPFL (Bra)
CTEEP (Bra)
Echelon (US)
Ecil (Bra)
Eletra Energy (Bra)
Eletrobras (Bra)
Elipse (Bra)
ELO (Bra)
Elster (Ger)
Elucid (Bra)
eMeter (US)
Endesa (Esp)
Enel (Ita)
EDP (Por)
Gamesa (Esp)
GDF Suez (Fra)
Iberdrola (Esp)
IBM (US)
Impsa (Arg)
ISA (Col)
Itron (US)
Landis+Gyr (Sui)
Light (Bra)
Logica (Ned)
Nansen (Bra)
Rede Energia (Bra)
S&C Electric (US)
Schneider Electric (Fra)
SEL (Ger)
Siemens (Ger)
Silver Spring (US)
Telvent (Esp)
Terna (Ita)
TIM (Ita)
Tractebel Energia (Bra)
Treetech (Bra)
Trilliant (US)
V2Com (Bra)
Way2 (Bra)
Wobben (Ger)
SOURCE: Northeast Group, LLC / PRNewswire
Northeast Group, LLC is a Washington, DC-based smart grid market intelligence firm.
ABOUT: Northeast Group, LLC is a Washington, DC-based smart grid market intelligence firm. Our research is focused on the smart grid opportunity in emerging market countries.
Key questions answered in this study:
- How large will the smart grid market – including 14 segments - become over the next decade?
- What will the smart metering regulatory framework look like and when will it be put in place?
- Which international vendors are already active in Brazil? Which domestic vendors are poised to partner with international firms to exploit the growing smart grid market?
- How will Brazilian utilities build their smart meter business cases?
- Which utilities have already developed pilot projects and which technologies are they using?
- Where in Brazil are distribution automation and home energy management likely to develop?
To order a copy of the study, please visit www.northeast-group.com or email Ben Gardner at: ben.gardner@northeast-group.com
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