Electricity Delivery and Management
Electricity Delivery and Management is poised to play an important role as the link between advanced energy supply and demand. The global market is expected to grow to $43.9 billion in 2012, a 40% increase over 2011.
The Electricity Delivery and Management segment consists of seven subsegments: Transmission, Distribution, Advanced Metering Infrastructure, Microgrids, Electric Vehicle Charging Infrastructure, Energy Storage, and Enabling Information and Communications Technology. These technologies are used to modernize the world’s electrical power grid, including the use of modern computing and communications to create a so-called “smart grid.” This grid modernization aims to transform the grid from a one-way power distribution system to a two-way electricity network with improved efficiency, flexibility, and reliability.
These advanced energy technologies, including transmission enhancements, distribution system automation, advanced metering, microgrids, energy storage, and IT systems, generated more than $31.4 billion of global revenue in 2011. Though representing a small percentage (3%) of the total advanced energy market, Electricity Delivery and Management is poised to play an important role as the link between advanced energy supply and demand. The global market is expected to grow to $43.9 billion in 2012, a 40% increase over 2011.
In the United States, total 2011 vendor revenue was slightly more than $8.4 billion and is estimated to exceed $10.7 billion for 2012, for year-over-year growth of 27%. Revenue in 2011 was split between Transmission Systems (12%), Distribution Systems (21%), Advanced Metering (23%), and Enabling Information and Communications Technology (35%).
The Electricity Delivery and Management segment in the United States had an overall economic impact on 2011 U.S. GDP of $12.1 billion, derived from the domestic content associated with the U.S. Electricity Delivery and Management revenue. This economic activity generated $1.2 billion in federal tax revenue, and an additional $562 million in state and local tax revenue. This economic impact does not include the additional economic benefits of exports from the United States to global markets.
Economic Impact
gross domestic product
The Electricity Delivery and Management segment contributed $12.1 billion in increased U.S. GDP in 2011.
advanced energy in action
Secure, Clean, Affordable
- Overview
- Transmission
- Distribution
- Advanced Metering Infrastructure
- Microgrids
- Electric Vehicle Charging Infrastructure
- Energy Storage
- Enabling Information and Communication Technology
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