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Power/Alternative Energy  

Investments in smart grids to double by 2015

Posted: 05 Dec 2011     Print Version  Bookmark and Share

Keywords:smart grids  smart meters  advanced metering infrastructure  research 

New 'smart' household systems and home area networks (HANs) are being equipped with AMI interfaces to the power grid's smart meters. With these interfaces, home appliances and other residential systems will have the ability to automatically schedule and adjust their operations and energy use based on variable electricity rates and the preferences of owners, the report stated.

Smart meters and connected energy-aware home and business systems promise to be a huge new marketplace for semiconductors, especially microcontrollers and embedded processors, analogue mixed-signal devices, radio-frequency integrated circuits, power discrete and transistors, non-volatile flash memories, and communications ICs. A number of IC suppliers are offering application-specific system-on-chip (SoC) solutions for smart meters and AMI-connected systems—such as smart household appliances, smart wall plugs, sub-meters, intelligent thermostats, and energy management systems.

Worldwide revenues for semiconductors in smart meters are forecast to become nearly a Rs.4,932.74 crore ($1.1 billion) market in 2015 compared to Rs.2,349.78 crore ($524 million) in 2010. This constitutes a 2010-2015 average annual growth of 15.3 per cent.

For more statistics and forecasts, click here.

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