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2013 Will Be a Pivotal Year in the Transition to a More Diversified Energy Mix

The Smart Energy sector is evolving rapidly, expanding from a collection of niche markets into a standardized part of the global energy portfolio. In the same fashion that the Internet has produced a democratization of information and knowledge, the availability of small, distributed generation technologies, such as solar panels, small wind turbines, and residential combined heat and power systems, enables people to produce, and even sell, their own power. As a result, a range of new energy sources and advanced energy technologies has entered the market and started to post revenue. According to a new white paper from Navigant Research, a part of Navigant’s Energy Practice, the transition to a more diversified and decentralized mix of energy sources will be one of the key trends for the global energy industry in 2013.

“This will be a key year in the evolution of the Smart Energy paradigm – a period when the rules of the game are debated, the roles of the incumbents challenged, and the foundation for the transition towards a more decentralized, democratic energy system is put into place,” says Kerry-Ann Adamson, research director with Navigant Research. “As with any transition of this magnitude, it will take decades to complete, but 2013 will be a cornerstone year in this transformation.”

The white paper identifies five emerging metatrends that will have an increasing impact in 2013 and beyond. These include:

Energy is becoming increasingly democratized
The role of government innovation funds is changing
Technologies are converging
The Southern African Power Pool is becoming the new BRIC
The role of utilities is changing

The white paper, “Smart Energy: Five Metatrends to Watch in 2013 and Beyond”, outlines key trends affecting the development of Smart Energy industries worldwide, the specific market impacts of these trends in 2013, and the longer-term impact of these emerging developments. Analysis and conclusions in this paper are drawn from Navigant Research’s ongoing Smart Energy research coverage, with forecasts included for key market sectors. The full white paper is available for free download on the Navigant Research website.

Contact: Richard Martin

+1.303.997.7609

richard.martin@navigant.com

* The information contained in this press release concerning the report, “Smart Energy: Five Metatrends to Watch in 2013 and Beyond,” is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.
Source navigantresearch.com

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