In the World of Smart Grid, Energy Analytics Represents Huge Growth Market
Whenever I speak to an audience about the burgeoning opportunities in clean energy, I’m careful not to overlook the analytics segment. The global EAUA market (energy analytics and utility analytics market, meaning solar analytics, oil & gas analytics, water analytics, and waste analytics), which, according to Global Energy World, is estimated to grow from $1.42 billion in 2013 to $4.74 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 27.3% from 2013 to 2018. In terms of regions, North America is expected to be the biggest market.
This, of course, is only a part of the puzzle, as it omits a host of other things that are in the process of becoming extremely important to us, like vehicle to grid. Here, we mean the management of many millions of batteries in electric vehicles at various levels of charge, each of which has the potential to play a role in the health and viability of the overall grid.
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