Global Smart Energy: Statistics to illustrate analysis

LONDON, Oct. 18, 2017 /PRNewswire/ -- There is no doubt that we are in the midst of an energy revolution. Not only is the nature of energy changing from fossil-generated energy to renewable there is a total change in the distribution structure occurring with less focus on centralisation and more on distributed energy.

Fossil fuel energy consumption (% of total) in OECD

Renewable energy consumption (% of total final energy consumption) in OECD

Concerns about issues such as energy security, environmental sustainability, and economic competitiveness are triggering a shift in energy policy, technology and consumer focus.

This, in turn, is making it necessary to move on from the traditional energy business models.

This BuddeComm report is designed to provide a current smart grid market overview as well as insightful observations and analysis supported by statistics and examples.

Latest developments:

With energy consumption expected to grow worldwide by more than 40% over the next 25 years, demand in some parts of the world could exceed 100% in that time.

This will produce an increase in competition for resources, resulting in higher costs. In an environment such as this; energy efficiency will become even more important.

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