Comprehensive Showcase of Global Smart Grids Innovations & Startups
From CLIMAFIX, leader in climate innovation intelligence
Smart Grids Introduction:
A smart grid refers to an electricity grid ecosystem (power generators, transmission, and distribution networks) that is intelligent, responsive, and efficient.
Smart grids represent a wide range of technologies, processes, and even business models. At the base of it all is the effort to ensure that the grid and its key stakeholders – power generators, distributors, and consumers – act in unison to make the whole grid efficient. A smart grid will also ensure lower CO2 emissions from the ecosystem’s higher efficiency.
Depending on the component of the smart grid being considered, it could either be fairly well developed or in its nascent stages. Some of them – such as grid monitoring and analytics – have evolved significantly in the last few years, while some others – such as those at the intersection of the grid and the e-mobility ecosystem – are still in their development stages.
Smart grids apply to almost every country. However, owing to the cost of implementation, as well as the differing nature and stakeholder patterns in different countries, some countries could see much quicker developments than the rest of the world during the 2020-2030 period.
The key challenges smart grids face are the high costs of implementation, the diverse set of stakeholders, and the complex nature of the overall ecosystem – all these could stand in the way of quick implementations.
Innovation in smart grids for the 2020-2030 period will be around the extensive use of a variety of digital tech (IoT, AI/Big Data especially), analytics, focus on power transmission & distribution efficiencies, demand response systems, integration with the renewable energy & e-mobility ecosystems, and capacity building for utilities for smart grid implementation and maintenance.
The Smart Grids Innovations & Startups Report provides insights on the following:
- Current & Emerging Technologies
- Innovation & Startups Analysis
- Urgency of this Decarbonization Avenue
- Unique Solutions Derived from Startups
- Commercialization Potential
- Scalability
- Highlights of Prominent Innovations & Startups
- List of 10 High Impact Startups
For each startup, the following inputs are provided:
- Product
- Key benefits
- Technology & process
- Videos
- Links to founder profiles
- Links to prominent news & analyses about the startup
The Smart Grids Innovations Report is part of CLIMAFIX 500, a comprehensive global climate innovation and startup report.
