Frost & Sullivan released today its big predictions for 2012 for the global energy and environment market. Industrial convergence, smart technology and distributed generation will be the key topics in 2012 and beyond.
Based on a survey of several thousand companies conducted in December 2011, this research paper highlights areas of growth. “Data and opinions of key stakeholders, combined with analysis and commentary from Frost & Sullivan industry experts, have been used to present key market highlights, hot growth topics, global and regional hot spots, areas of market convergence, and bold predictions for 2012,” explains John Raspin, Director and Partner at Frost & Sullivan.
One big prediction is that Smart technology is going to play a key role in the future development of the energy and environment sector with efficiency improvements at the centre of the market evolution.
Smart grids, buildings, homes, cities and water networks will all become a reality this decade, thus creating far-reaching market growth opportunities.
There is and will be increasing focus on deployment of small scale renewable energy close to the point of consumption.
This will create opportunities for suppliers or micro-generation technologies as well as requiring new strategies and business models from power generation companies and utilities. Growth of distributed generation, legislation surrounding this market as well as integration of distributed generation into the grid are emerging trends especially in the developed markets.
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