The international mining industry is a complex mix of diverse companies using several basic approaches of extracting and processing natural resources to supply both the energy and raw material needs of the modern world. These are critical times for the mining industry, with ever-increasing pressure from governments, customers, and other stakeholders to operate in a sustainable manner. The rising demand for mineral resources, driven by emerging markets, highlights the fact that maintaining the levels of needed supply will be a significant challenge in the future and energy will become increasingly more important for the bottom line, shareholder value, and license to operate.

Many of the key industry players in the mining arena have developed energy saving strategies and are investing directly into renewable energy infrastructure. For the most part, this is an outgrowth of the industry-wide realization that emerging technologies and strategies exist to better manage energy consumption, costs, supply, and risks from international and national regulations. In addition, several companies have already included revenue streams from carbon credits and carbon trading as a vehicle to augment revenue streams, while, at the same time, addressing climate change regulations and/or taxes.

This Pike Research report provides a detailed examination of energy consumption dynamics in the global mining industry, along with an analysis of the market opportunity for greater utilization of renewable energy. The study assesses the market drivers and policy issues that are influencing mining companies’ increasing interest in renewable energy, along with a review of the technology issues associated with each option. The strategies of key industry players are profiled in depth and market forecasts through 2020 are provided for renewable energy investment in the sector.

Key Questions Addressed:

• What is driving the adoption of renewable energy in the mining industry?
• What are the strengths and weaknesses of solar, wind, hydro, and fuel cells as energy sources for mining operations?
• What are the strategies of the top mining companies with regard to renewable energy?
• What is the role of energy storage in the adoption of renewable energy in the mining industry?
• How much is the mining industry likely to invest in renewable energy in the coming years, and how will this vary by world region?

Who needs this report?

• Mining companies
• Renewable energy technology companies
• Project developers and integrators
• Non-profit organizations
• Government agencies
• Investor community

Table of Contents

1.     Executive Summary

1.1   Overview of the Mining Industry

1.2   Energy Costs and Reliability of Renewable Energy Technologies

1.3   Mining Industry Acceptance of Renewable Energy

1.4   Total Combined Renewable Energy World Markets for the Mining Industry

2.     Market Issues

2.1   Background

2.2   Overview of Energy Consumption in the Mining Industry

2.2.1     Mining Methodology: Surface and Underground Mining

2.2.2     Materials Mined and General Recovery Ratios

2.2.3     Economic Vitality of the International Mining Industry and Future Investments

2.2.4     Mining Revenues and Production Levels

2.2.5     Consistent Strength of Traditional Mining Commodities and Major Companies

2.3   Energy Consumption Constraints

2.3.1     Fossil Fuel Limitations: Energy Reliability and Cost Implications

2.3.2     Energy Security and Reliability

2.4   Market Drivers

2.4.1     Cost of Fuel and Policy Action

2.4.2     Variability in Cost of Electricity throughout the World

2.4.3     Costs for Renewable Energy Sources and Share of the World’s Primary Energy Supply

2.4.4     Mining Company Returns

2.4.5     International Greenhouse Gas Requirements and Mandates

2.4.6     Corporate Responsibility in the Mining Industry

3.     Technology Issues

3.1   Costs and Reliability of Renewable Energy Technologies

3.2   Renewable Energy and Energy Storage Options Available for Mining Operations

3.3   Photovoltaic Systems

3.3.1     Basic Principles and PV Cell Types

3.3.1.1     Crystalline

3.3.1.2     Thin-Film

3.3.2     Strengths and Weaknesses

3.3.3     Costs

3.3.3.1     Module Costs

3.3.3.2     Economies of Scale

3.3.3.3     Installed Costs

3.3.3.4     Low-Cost Polysilicon

3.3.4     Efficiency

3.3.5     Reliability

3.3.6     Scalability

3.3.7     Availability

3.4   Grid-Tied versus Off-Grid Installations

3.5   Energy Storage – Batteries

3.6   Sodium Sulfur Batteries

3.7   Flow Batteries

3.7.1     Vanadium Redox Flow Batteries

3.7.2     Zinc Bromine Flow Batteries

3.8   Lithium Ion Batteries

3.8.1     Overview

3.8.2     Leading Chemistries

3.8.3     Summary of Developments

3.8.4     Efficiency and Capacity

3.9   Remote Microgrid Sector Technologies Overview

3.10  Wind and Solar Resources

3.11  Microgrid Component Cost Breakdown

3.12  Remote Microgrid Subsegments

3.12.1   Remote Mining Operations

3.12.1.1   Pros

3.12.1.2   Cons

3.13  Wind Technologies

3.13.1   Solar Photovoltaic and Solar Thermal

3.13.2   Biomass

3.13.3   Geothermal

3.13.4   Hydrokinetic, Tidal, and Wave Energy

3.14  Mining Properties as Appropriate Sites for Renewable Energy Technologies

3.15   Technologies for Energy Savings through Conservation and Best Practices

3.16  Fuel Cell Technologies with Mining Applications

3.16.1   Stationary Fuel Cells

3.16.2   Fuel Cells for Mobile Applications

4.     Key Industry Players

4.1   Overview

4.2   African Rainbow Metals

4.3   AngloAmerican

4.4   AngloGold Ashanti

4.5   Areva

4.6   Barrick Gold Corporation

4.7   BHP Billiton

4.8   Codelco

4.9   Freeport McMoran

4.10  Galaxy Resources

4.11   Goldcorp

4.12   Gold Fields

4.13   Lihir Gold Limited/ Newcrest Mining

4.14   JX Nippon Mining and Metals

4.15   Kinross Gold Corporation

4.16   Lonmin

4.17   Minerals and Metals Group

4.18   Mitsubishi Materials Group

4.19   Newmont Mining Corporation

4.20   Rio Tinto

4.21   Teck Resources Limited

4.22   Vale S.A.

4.23   Xstrata

5.     Market Forecasts

5.1   Key Assumptions and Market Drivers

5.2   Total World Renewable Energy Market Forecast

5.3   Total Global Oil Production Forecast

5.4   Renewable Energy Market Forecasts for the Mining Industry

5.5   Total Combined Renewable Energy Markets for the Mining Industry in North America

5.6   Total Combined Renewable Energy Markets for the Mining Industry in Europe

5.7   Total Combined Renewable Energy Markets for the Mining Industry in Asia Pacific

5.8   Total Combined Renewable Energy Markets for the Mining Industry in Latin America

5.9   Total Combined Renewable Energy Markets for the Mining Industry in Africa

5.10   Total Combined Renewable Energy Markets for the Mining Industry in the Rest of World

5.11   Total Combined Renewable Energy World Markets for the Mining Industry

5.12   Industrial Remote Mine Systems

5.12.1   North America

5.12.2   Europe

5.12.3   Asia Pacific

5.12.4   Latin America

5.12.5      Rest of the World

6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

• Total Combined Renewable Energy Investment for the Mining Industry by Scenario, World Markets: 2012-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, North America: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Europe: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario,  Asia Pacific: 2012-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Latin America: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Africa: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Rest of World: 2010-2020
• Major Energy Requirements and Sources in a Typical Mining Operation from   Exploration  to Finished Product, Closure, and Reclamation
• Relative Proportions of Energy Consumption for Various Segments of the Mining Industry, Data from the United States
• Average Distribution of Energy Sources in the U.S. Mining Industry
• General Recovery Ratios for Coal, Metals, and Industrial Minerals
• Mining Industry Commodity Price Trends: 2003-2010
• Forecasts of Global Oil Production: 1990-2030
• Effects of Stronger Policy Action on Climate Change Initiatives and Fuel Switching
• Average Cost of Electricity per kWh in Select Mining Countries
• Solar PV & Diesel Generation Cost Crossover Point and Shares of the World Primary Energy
• Trend for Average Returns for Top Ten Mining Companies, Employees, and Governments
• Renewable Energy Cost Trends in Levelized Cents/kWh: 1980-2020
• Photovoltaic Cells
• Advanced Lead-Acid Battery Cycle Life Comparison to Other Advanced Batteries
• Schematic of Sodium Sulfur Battery Technology
• Schematic of Vanadium Redox Battery Technology
• Schematic of Zinc Bromine Flow Battery Technology
• Low, Medium, and High Wind Penetration Microgrid Cost Factors in Alaska
• Daily Solar Radiation and Clearness Levels for Tropical Remote Microgrid Sites
• Monthly Wind Speed Estimates for Tropical Remote Microgrid Sites
• Cost Breakdown for Alaska Wind-Diesel Remote Microgrids
• Relative Energy Intensity of the Mining Industry Compared to other Major   Industries
• Energy Consumption by Different Major Processes and Energy Saving Opportunities in the U.S. Mining Industry
• Best Practice Energy Savings and Potential Savings from Continued Research and   Development as Compared to Current Energy Consumption in the U.S. Mining Industry
• The First Pilot Hydrogen Fuel Cell Mining Locomotive
• Power Generation Forecasts by Policy Scenario, World Markets:  2005-2030
• Costs of Energy in Cents per kWh, System Price Range and Market Penetration: 1990-2020
• Forecast of Global Oil Production to 2030; OPEC to Non-OPEC Production Ratios

List of Tables

• Total Combined Renewable Energy for the Mining Industry by Scenario, World Markets: 2012-2020
• Materials Produced in Surface and Underground Mines in the United States for Coal, Metal, and Mineral Mining Operations
• Top 40 International Mining Companies: 2010
• PV Strengths and Weaknesses
• Characteristics of Li-ion Battery Chemestries
• Total Investment in Renewable Energy in the Mining Industry by Investment Scenario, World Markets:  2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, North America: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Europe: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Asia Pacific: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Latin America: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Africa: 2010-2020
• Total Combined Renewable Energy Markets for the Mining Industry by Investment Scenario, Rest of World: 2010-2020

The home energy management (HEM) market continues to struggle for more traction. By now, with major deployments of smart grid infrastructure in place, the expectation had been that a smarter grid would be enabling the wider use of new tools and incentives for consumers to use energy more efficiently. People would save money, and utilities would benefit from lower overall consumption and not having to spend capital so quickly on new power generating plants.

The HEM market has been stuck in near neutral, though, with numerous trials and only a few cases of industry-led deployments or significant consumer uptake. That view is starting to change a bit. Over the coming years, a continued desire among consumers to reduce bills, regulatory mandates for greater efficiency, wider use of variable pricing schemes, and a strong “green” sentiment will combine to help drive adoption forward. These market forces, however, will be countered by indifference to the promised potential savings, a resistance to paying extra for HEM hardware, unsettled standards for interoperability, a crowded vendor space, and lukewarm support by some utilities. Nonetheless, the driving forces will spur some gains, particularly where mandates have the most teeth.

This Pike Research report examines global and regional home energy management trends as they play out along a continuum of five segments: paper bills, web portals, standalone systems, in-home displays, and integrated HAN/HEM systems. The study also explores the drivers and inhibitors shaping the market, plus major technology issues. It provides market forecasts through 2020, with breakdowns by these five segments and by world regions. Key vendor profiles, analysis of new players, and case studies are included as well. In addition to the supply-side analysis, results from a Pike Research consumer survey focus on the demand side of HEM as well, making for a complete market overview.

Key Questions Addressed:

• What are the market forces shaping the HEM sector?
• How many HEM systems will be deployed over the next 10 years?
• How large is the revenue opportunity for the HEM market?
• How does this opportunity vary among the five key segments?
• What technology issues are shaping this market?
• Who are the major players in the HEM space?
• Which global regions will provide the most opportunities for HEM vendors?

Who needs this report?

• Utilities
• Home energy management vendors
• Home automation system vendors
• Home security vendors
• Consumer electronics companies
• Broadband service providers
• Networking equipment providers
• Industry associations
• Government agencies
• Investor community

Table of Contents

1.      Executive Summary

1.1  Home Energy Management Moving Past Early Phase

1.2  Home Energy Management Market Overview

1.2.1  Drivers

1.2.2  Inhibitors

1.2.3  A Market Continuum

1.2.4  Market Forecast

2.      Market Issues

2.1  Introduction

2.2  Home Energy Management – A Continuum

2.2.1  Paper Bills

2.2.2  Web Portal

2.2.3  Standalone HEM

2.2.4  In-Home Display

2.2.5  Networked HEM

2.3  HEM Market Drivers and Inhibitors

2.3.1  Drivers

2.3.2  Inhibitors

2.4  HEM Service Providers

2.5  Retailers

2.5.1  Market Impact

2.5.2  Those Who Left: Microsoft, Google, and Cisco

2.6  Case Studies

2.6.1  Oklahoma Gas & Electric (OGE)

2.6.2  NV Energy (NVE)

2.6.3  CenterPoint Energy

2.6.4  Swisscom

2.6.5  British Gas (BG)

2.7  Consumer View

2.7.1  Introduction

2.7.2  Smart Meters

2.7.3  Energy Information Displays

2.8  Does HEM Make a Difference?

3.      Technology Issues

3.1  Introduction

3.2  Home Energy Management Standards

3.2.1  Smart Energy Profile (SEP)

3.2.2  ZigBee

3.2.3  Z-Wave

3.2.4  HomePlug

3.2.5  Wi-Fi

3.3  HEM Applications and Hardware

3.3.1  Mobile Applications: Smartphones and Tablets

3.3.2  Standalone HEM

3.3.3  Smart Thermostats

3.3.4  In-Home Displays

3.3.5  Gateways

3.3.6  Networked-HEM Systems

3.3.7  Web Portals and Cloud Services

3.3.8  Smart Appliances

4.      Key Industry Players

4.1  Introduction

4.2  HEM Vendors

4.2.1  4Home

4.2.2  AlertMe

4.2.3  Allure Energy

4.2.4  Ambient Devices

4.2.5  Aztech  Associates

4.2.6  Blue Line Innovations

4.2.7  Consert

4.2.8  Comverge

4.2.9  Ecobee

4.2.10  Eco-Eye

4.2.11  EcoFactor

4.2.12  Efficiency 2.0 (C3)

4.2.13  Energate

4.2.14  Energy Aware

4.2.15  EnergyHub

4.2.16  Green Energy Options (GEO)

4.2.17  Green Wave Reality

4.2.18  GridPoint

4.2.19  Honeywell

4.2.20  iControl Networks

4.2.21  Navetas Energy Management

4.2.22  Nest Labs

4.2.23  Opower

4.2.24  Savant Systems

4.2.25  Tendril

4.2.26  Tri Cascade

4.2.27  Trilliant

4.3  Additional Players

4.3.1  Aclara

4.3.2  Asoka

4.3.3  Belkin

4.3.4  Control4

4.3.5  Ember

4.3.6  eMeter (Siemens)

4.3.7  Energeno

4.3.8  HomePlug Alliance

4.3.9  Landis+Gyr (Toshiba)

4.3.10  Swisscom

4.3.11  Vivint

4.3.12  ZigBee Alliance

4.3.13  Z-Wave Alliance

4.4  Utilities

4.4.1  Baltimore Gas and Electric (BGE)

4.4.2  Bluebonnet Electric Cooperative

4.4.3  British Gas (BG)

4.4.4  Commonwealth Edison Company (ComEd)

4.4.5  Con Edison

4.4.6  CPS Energy

4.4.7  Enel

4.4.8  E. ON

4.4.9  Glasgow EPB

4.4.10  JEA

4.4.11  Louisville Gas and Electric Company (LG&E)

4.4.12  National Grid

4.4.13  NV Energy

4.4.14  Oklahoma Gas & Electric (OGE)

4.4.15  Oncor (Texas)

4.4.16  Origin Energy

4.4.17  Potomac Electric Power Company (Pepco)

4.4.18  Pacific Gas and Electric (PG&E)

4.4.19  PNM Resources

4.4.20  Puget Sound Energy (PSE)

4.4.21  Reliant (an NRG Company)

4.4.22  Sacramento Municipal Utility District (SMUD)

4.4.23  San Diego Gas & Electric (SDG&E)

4.4.24  Southern California Edison (SCE)

4.4.25  South Carolina Electric and Gas (SCE&G)

4.4.26  Scottish and Southern Energy (SSE)

4.4.27  Seattle City Light

4.4.28  Toronto Hydro-Electric System

4.4.29  TXU Energy

4.4.30  White River Valley Electric Cooperative

4.4.31  Wisconsin Public Service (WPS) (Integrys)

4.4.32  Xcel Energy

4.4.33  Yello Strom GmbH

5.      Market Forecasts

5.1  HEM Market Forecast Overview

5.2  Market Forecast: All Global HEM Segments

5.3  Market Forecast: Global HEM Segments

5.3.1  Paper Bill

5.3.2  Web Portal

5.3.3  Standalone HEM

5.3.4  In-Home Displays

5.3.5  Networked-HEM

6.      Company Directory
7.      Acronym and Abbreviation List
8.     Table of Contents
9.     Table of Charts and Figures
10.   Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

• U.S. Consumer View of Smart Meters
• Level of Interest in Energy Information Displays
• Consumer Segments Interested in Energy Information Displays
• Expected Consumer Usage of Energy Information Displays
• Preferred Energy Information Display Types
• Payment Preferences for Energy Information Displays
• Companies Consumers Would Consider for Energy Management Service
• Reasons for Not Having an Interest in an Energy Information Display
• Revenue from All HEM Segments by Region, World Markets: 2011-2020
• Revenue by HEM Segment, World Markets: 2011-2020
• Paper Bill HEM Reports Sent by Region, World Markets: 2011-2020
• Revenue from Paper Bill HEM Solutions by Region, World Markets: 2011-2020
• Households with Access to HEM Web Portals by Region, World Markets: 2011-2020
• Revenue for HEM Web Portals by Region, World Markets: 2011-2020
• Standalone HEM System Shipments by Region, World Markets: 2011-2020
• Revenue for Standalone HEM Systems by Region, World Markets: 2011-2020
• In-Home HEM Display Shipments by Region, World Markets: 2011-2020
• In-Home HEM Display Revenue by Region, World Markets: 2011-2020
• Networked-HEM Shipments by Region, World Markets: 2011-2020
• Networked-HEM System Revenue by Region, World Markets: 2011-2020
• Installed Base of Households Receiving Paper Bill HEM Reports by Region, World Markets: 2011-2020
• Penetration Rate of HEM Web Portal Use by Region, World Markets: 2011-2020
• Installed Base of Households with Standalone HEM Systems by Region, World Markets: 2011-2020
• Installed Base of Households with In-Home HEM Displays by Region, World Markets: 2011-2020
• Installed Base of Households with Networked-HEM Systems by Region, World Markets: 2011-2020
• Home Energy Management: Five Segments along a Continuum
• Examples of ZigBee Network Topologies
• Z-Wave Home Control
• HomePlug Topology
• Wi-Fi-Based Home Automation Topology
• Tendril Mobile Application
• Blue Line Innovations’ PowerCost Monitor, a Standalone HEM System
• Examples of Smart Thermostats: Nest Labs (left) and Ecobee
• EnergyHub In-Home Display
• HAN/HEM System Topology
• Example of a Utility Web Portal Powered by Opower

List of Tables

• 4Home SWOT Analysis
• AlertMe SWOT Analysis
• Allure Energy SWOT Analysis
• Ambient Devices SWOT Analysis
• Aztech SWOT Analysis
• Blue Line Innovations SWOT Analysis
• Consert SWOT Analysis
• Comverge SWOT Analysis
• Ecobee SWOT Analysis
• Eco-Eye SWOT Analysis
• EcoFactor SWOT Analysis
• Efficiency 2.0 SWOT Analysis
• Energate SWOT Analysis
• Energy Aware SWOT Analysis
• EnergyHub SWOT Analysis
• Green Energy Options SWOT Analysis
• GreenWave Reality SWOT Analysis
• GridPoint SWOT Analysis
• Honeywell SWOT Analysis
• iControl Networks SWOT Analysis
• Navetas SWOT Analysis
• Nest Labs SWOT Analysis
• Opower SWOT Analysis
• Savant SWOT Analysis
• Tendril SWOT Analysis
• Tri Cascade SWOT Analysis
• Trilliant SWOT Analysis
• Paper Bill HEM Reports Sent by Region, World Markets: 2011-2020
• Paper Bill Average Selling Price by Region, World Markets: 2011-2020
• Revenue from Paper Bill HEM Solutions by Region, World Markets: 2011-2020
• Installed Base of Households Receiving Paper Bill HEM Reports by Region, World Markets: 2011-2020
• Penetration Rate of Households Receiving Paper Bill HEM Reports by Region, World Markets: 2011-2020
• Households with Access to HEM Web Portals by Region, World Markets: 2011-2020
• Web Portal Average Selling Price by Region, World Markets: 2011-2020
• Revenue for HEM Web Portals by Region, World Markets: 2011-2020
• Penetration Rate of HEM Web Portal Use by Region, World Markets: 2011-2020
• Standalone HEM System Shipments by Region, World Markets: 2011-2020

The residential housing industry has long been a pillar of stable economic growth in local, regional, and national markets. Since the United States housing bubble burst in 2007, the residential construction and real estate markets have floundered in many OECD countries, and some have experienced a full stop in new construction. Conversely, the markets in China and India are experiencing unprecedented booms in residential construction. But despite local market conditions, energy efficiency is becoming an increasingly important issue around the world as total residential energy consumption continues to rise, creating greater demands on power infrastructure and contributing to greenhouse gas emissions.

Energy efficient homes, according to Pike Research’s definition, are properties that are built to exceed the 2009 International Energy Conservation Code by 15% on a kilowatt-hour per square foot basis. Construction of residential properties that achieve such energy savings – in both new construction or in existing building stock – is a highly diverse design problem complicated by factors such as local climate, availability of materials, funding, and legislation. In order to achieve this level of energy savings over the 2009 IECC, home builders and retrofitters must adopt a systems approach to home design and construction, integrating all aspects of home operation.

The Pike Research report analyzes the global market opportunity for energy efficient homes, including a focus on key market segments such as building envelope improvements, lighting, HVAC and major appliances, water heating, energy audits, and soft costs associated with energy efficiency. Market forecasts are provided through 2020 for both new and existing building stock across five world regions. Details of local, regional, and supranational market drivers and barriers are discussed in depth, and a cross-section of key industry players are profiled, highlighting their product and services offerings.

Key Questions Addressed:

• How is a systems approach to residential energy efficiency defined in different markets?
• When will the market opportunity in existing residential building stock be tapped?
• What are the most significant financing mechanisms being employed in the residential energy efficiency market?
• Who are the key market stakeholders, and what role do they play?
• What emerging business models will have an impact on the EEH market?

Who needs this report?

• HVAC vendors
• Appliance manufacturers
• Lighting companies
• Home energy auditors
• Window vendors
• Homebuilders and remodelers
• Industry associations
• Utilities
• Government agencies
• Investor community

Table of Contents

1.     Executive Summary

1.1  Overview of Energy Efficient Homes Market

1.2  Energy Cost and Consumption Impact

2.     Market Issues

2.1  Definition of an Energy Efficient Home

2.1.3    2009 International Energy Conservation Code

2.1.4    Global Code Disparities

2.2  Energy Consumption in Residential Properties

2.2.1    Space Conditioning

2.2.2    Appliances and Electronics

2.3  Consumer Awareness

2.4  New Construction – Efficient from the Start

2.5  Retrofits and Green Improvements

2.6  Value Proposition of an Energy Efficiency Home

2.7  Market Ecosystem

2.7.1    Green Builders

2.7.2    Prefabricated Homes

2.7.3    Building Materials Suppliers

2.7.4    Energy Auditors

2.7.5    Equipment Manufacturers and Providers

2.7.6    Utilities

2.7.7    Financial Institutions

3.     Products and Services

3.1  Overview

3.2  Energy-Efficient Home Technologies

3.2.1    Building Envelope

3.2.2    High Efficiency Windows

3.2.3    Lighting

3.2.4    Appliances

3.2.4.1    Water Heaters

3.2.4.2    High-Efficiency HVAC Systems

3.2.4.3    Geothermal Heat Pumps

3.3  Residential Power Generation

3.4  Energy Efficient Home Services

3.4.1    Energy Audits

3.4.2    Home Energy Rating

3.4.3    Green Building Certification

3.4.4    New Construction Versus Retrofits

3.5  Low-Energy or Net-Zero Homes

3.5.1    Germany’s PassivHaus

3.5.2    Zero House 2.0

3.6  Financing Mechanisms

3.6.1    Utility-Funded Programs

3.6.1.1    On-Bill Financing

3.6.1.2    United Kingdom Green Deal

3.6.2    Tax Credits

3.6.3    Energy-Efficient Mortgages

3.6.4    Loan Programs

3.6.5    Residential PACE Financing

4.     Global Market Dynamics

4.1  Introduction

4.2  Asia Pacific

4.2.1    China

4.2.1.1    History of Building Energy Codes and Current Context

4.2.1.2    Market Barriers

4.2.1.3    Market Drivers

4.2.1.4    Building Labels and Green Building Certifications

4.2.1.5    Technologies

4.2.2    Japan

4.2.2.1    History of Building Energy Codes and Current Context

4.2.2.2    Technologies

4.2.2.3    Drivers

4.2.2.4    Microwaves Barriers

4.2.3    India

4.2.3.1    History of Building Energy Codes and Current Context

4.2.3.2    Market Barriers

4.2.3.3    Market Drivers

4.2.3.4    Technologies

4.2.4    South Korea

4.2.4.1    Building Energy Codes and Current Context

4.2.4.2    Market Barriers

4.2.4.3    Market Drivers

4.2.4.4    Technologies

4.3  European Union and Eastern Europe

4.3.1    European Union Directives

4.3.1.1    Energy Performance of Buildings Directive

4.3.1.2    Energy Efficiency and End-use Services Directive

4.3.2    Denmark

4.3.2.1    Building Energy Codes and Current Context

4.3.2.2    Drivers

4.3.2.2.1.    Strong Regulatory Environment

4.3.2.2.2.   Energy Performance Certificates

4.3.2.3    Barriers

4.3.3    Germany

4.3.3.1    Building Energy Codes and Current Context

4.3.3.2    Drivers

4.3.3.2.1.      Substantial Investment in Energy Efficiency

4.3.3.2.2.      Strong Supply Chain

4.3.3.2.3.      Comprehensive Market Development

4.3.3.3    Barriers

4.3.3.4    Technologies

4.3.4    United Kingdom

4.3.4.1    Building Energy Codes and Current Context

4.3.4.2    Market Drivers

4.3.4.2.1.      Strength of Regulatory Approach

4.3.4.2.2.      Public and Private Investment: The Green Deal

4.3.4.2.3.      Building Research Establishment Environmental Assessment Method (BREEAM)

4.3.4.3    Market Barriers

4.3.4.4    Technologies

4.3.5    Rest of the European Union and Eastern Europe

4.4  North America

4.4.1    United States

4.4.1.1    Building Energy Codes and Current Context

4.4.1.2    Market Drivers

4.4.1.2.1.       Legislation

4.4.1.2.2.       ENERGY STAR

4.4.1.2.3.       Utility Programs

4.4.1.2.4.       Corporate Home Builders

4.4.1.2.5.       Lower Operating Expenses

4.4.1.3    Market Barriers

4.4.1.3.1.       High Capital Costs and Long Payback Period

4.4.1.3.2.       Unrealized Value

4.4.1.3.3.       Lack of Awareness

4.4.1.4    Technologies and Services

4.4.1.4.1.       LEED for Homes

4.4.1.4.2.       NAHB Green Standard

4.4.1.4.3.       GreenPoint Rated

5.     Key Industry Players

5.1  Overview

5.2  Lighting

5.2.1    Lithonia Lighting

5.2.2    TCP

5.3  Appliances

5.3.1    Electrolux/Frigidaire

5.3.2    Kenmore

5.3.3    LG Electronics

5.3.4    Samsung

5.3.5    Whirlpool/Maytag

5.4  Windows and Doors

5.4.1    Andersen

5.4.2    JELD-WEN

5.4.3    Pella

5.5  Insulation

5.5.1    CertainTeed

5.5.2    Johns Manville

5.5.3    Owens Corning

5.6  HVAC

5.6.1    Carrier

5.6.2    GeoSystems

5.6.3    Geothermal International

5.6.4    Goodman Manufacturing

5.7  Home Energy Audits

5.7.1    Building Performance Institute

5.8  Green Home Builders

5.8.1    China Vanke

5.8.2    Meritage Homes

5.8.3    Pulte Homes

5.8.4    Taylor Wimpey (United Kingdom)

5.9  Non-Profits and Research Organizations

5.9.1    Appraisal Institute

5.9.2    Global Green Building Council

5.9.3       PassivHaus Institut (Germany)

6.     Market Forecasts

6.1  Overview

6.2  European Union

6.3  Middle East

6.4  North America

6.5  New Construction vs. Retrofit Activity

7. Company Directory
8. Acronym and Abbreviation List
9. Table of Contents
10. Table of Charts and Figures
11. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

• Energy Efficient Homes Market Value by Region, World Markets: 2012-2020
• Energy Efficient Homes Market Value by Segment, Asia Pacific: 2012-2020
• Energy Efficient Homes Market Value by Segment, European Union: 2012-2020
• Energy Efficient Homes Penetration in Existing Building Stock, European Union: 2012-2020
• Segmentation of Building Components Value, Middle East: 2020
• Percent of Revenue from Retrofit Market, United States: 2012-2020
• Worldwide Status of Residential Building Energy Code Adoption
• Projected Residential Energy Use by Category: 2010 and 2050
• Total Energy Use in United States Homes: 1978 vs.  2005
• Common Air Leaks in Building Envelope
• Residential GHP System (Cooling Mode)
• Energy Savings Materials and Products Commonly Used in Remodeling Projects
• Energy Rating of Different German Residential Design Standards
• Climatic Zoning for Building Thermal Design Purposes in China
• Chinese MoHURD Building Energy Rating System
• Climate Zones in India Defined by the ECBC
• Maximum Heat Transmission (U-factor) of Building Envelope Components in  South Korea
• KEMCO’s Financial Support for Rational Energy Use in Buildings
• Government Subsidization of KfW Programs for Energy-Efficient Construction and Modernization: 2001-2011
• Historic Energy Savings from Insulation and Equipment Efficiency: 1970-2007
• Specifications for the Fabric Energy Efficiency Standard
• U.S. Residential Building Energy Code Adoption Status
• ENERGY STAR Program Goals

List of Tables

• Retail Electricity Prices, Select European Countries and United States
• IEEC Energy Efficiency Improvements
• Multinational and National Green Building Programs, Global Programs
• Annual Primary Energy Intensity, Residential Households by Country
• Energy Efficient Homes Market Value by Segment, Asia Pacific: 2012-2020
• Energy Efficient Homes Market Value by Segment, European Union: 2012-2020
• Energy Efficient Homes Market Value by Segment, Eastern Europe: 2012-2020
• Energy Efficient Homes Market Value by Segment, Middle East: 2012-2020
• Energy Efficient Homes Market Value by Segment, North America: 2012-2020
• Energy Efficient Homes Market Value by Region, World Markets: 2012-2020
• Energy Efficient Homes Square Footage by Region, World Markets: 2012-2020
• Energy Efficient Homes, New Construction and Retrofits Market Value by Country, Asia Pacific: 2012-2020
• Energy Efficient Homes, New Construction and Retrofits Market Value by Country, European Union: 2012-2020
• Energy Efficient Homes, New Construction and Retrofits Market Value, Eastern Europe: 2012-2020
• Energy Efficient Homes, New Construction and Retrofits Market Value, Middle East: 2012-2020
• Energy Efficient Homes, New Construction and Retrofits Market Value by Building Type, North America: 2012-2020
• Energy Efficient Homes Penetration in Existing Building Stock, European Union: 2012-2020
• Energy Efficient Homes Market Share by Building Type, North America: 2012-2020

Smart electric meters have emerged as the most visible technology of the major modernization of the global electricity infrastructure known as the smart grid. Smart meters and advanced metering infrastructure (AMI), terms often used synonymously, integrate embedded computing and two-way communications to transform meters from simple manual recording instruments into highly intelligent devices serving increasingly broad roles within the electricity infrastructure. Smart meters have transformed a placid, 140-year old, low-innovation electricity metering market into a high-tech, high-growth juggernaut. In 2008, less than 4% of the global installed base of 1.5 billion electricity meters could be considered “smart” but 4 years later this penetration will have grown to over 18%, and is forecast to exceed 55% by 2020.

Such ongoing growth continues to offer unprecedented opportunities for a broad spectrum of suppliers. However, the smart meter market is exceptionally local, with different drivers, regulatory environments, favored technologies, standards, value and supply chains, and especially, market timing. Most importantly, the smart meter boom is a limited-time opportunity within each region. As anticipated in earlier Pike Research smart meter forecasts, the North American market has already peaked, and faces dramatic near-term contraction, just as the European market begins a similarly dramatic growth period. The Asia Pacific region will continue to outpace all other regions driven by major deployments in China, utilizing a different breed of smart meter technology. The global smart meter market is forecast to experience a modest 4.9% CAGR between 2010 and 2020, but hidden beneath seemingly steady growth are significant regional peaks and valleys, each with their own opportunities and risks. Suppliers seeking to profit from the unique smart meter upgrade cycle must understand the associated technology, standards, and market dynamics behind this regional diversity.

This Pike Research report examines global and regional smart meter market trends, details neighborhood-area and home-area communications technologies and standards, defines and segments various smart meter capabilities, and provides detailed market sizing and forecasts by technology, utility type, and world region for the period from 2010 through 2020. Key vendors, standards, and deployments are profiled, offering a comprehensive window into the dynamic market for smart metering.

Key Questions Addressed:

• Where and when have smart meter unit shipments peaked, or will peak in the future?
• What are the key smart meter communications technologies, and how will they evolve?
• How do smart meter and AMI technologies differ around the world?
• Which AMI communications technologies (public and private) will lead in each region?
• How, when, and which home area networking technologies be deployed in smart meters?
• What are the key policy, technology, and economic risks impacting the smart meter market evolution?

Who needs this report?

• Smart meter manufacturers and component suppliers
• Networking and communications companies
• Energy management and automation vendors
• Smart grid software, tools, integration, and installation suppliers
• Industry associations and standards organizations
• Utilities
• Government agencies and energy policymakers
• Investor community

Table of Contents

1.     Executive Summary

1.1  Introduction

1.2  Smart Meter Market Forecast

1.3  Evolution of Smart Meters

2.     Market Issues

2.1  Metering Market Overview

2.1.1    Meter Types

2.1.2    Common Terms

2.1.3    Business Structures of Market Participants

2.2  Overview of Electricity Market Issues

2.3  Smart Meter Business Case

2.3.1    Improved Utility Operations

2.3.2    Broader Smart Grid-Related Benefits

2.3.2.1    Energy Use Reduction

2.3.2.2    Demand Response and Peak Shifting

2.3.2.3    Net Metering and Local Generation

2.3.2.4    Support for Electric Vehicles

2.4  Industry Dynamics

2.4.1    Meter and Communications “Co-opetition”

2.4.2    Vendor Consolidation

2.4.3    Emergence of Low-Cost Solutions via Asia Pacific Partners

2.4.4    Non-Traditional Market Entrants

2.5  Smart Meter Market Drivers

2.5.1    Economic Drivers

2.5.2    Energy Policy Drivers

2.5.2.1    North America

2.5.2.2    Europe

2.5.2.3    Asia Pacific

2.5.2.4    Latin America

2.5.2.5    Africa

2.6  Market Challenges

3.     Technology Issues

3.1  Smart Meter Components Overview

3.1.1    Smart Meter Requirements

3.2  Meter Technology

3.3  Neighborhood Area Network (NAN) Communications Technologies

3.3.1    NAN Purpose and Function

3.3.2    RF Mesh Networks

3.3.2.1    Physical and Link Layer Protocols

3.3.2.2    Network Layer Protocols

3.3.2.3    Performance Characteristics

3.3.3    RF Point-to-Multipoint Networks

3.3.3.1    Private RF Point-to-Multipoint Systems

3.3.3.1    Cellular-Based Systems

3.3.3.2    Performance Characteristics

3.3.4    Power Line Communication (PLC)

3.3.4.1    Low-Speed Power Line Communication

3.3.4.2    Narrowband Power Line Communication (N-PLC)

3.3.4.3    Broadband over Power Line (BPL)

3.3.4.3    Performance Characteristics

3.4  Home Area Network (HAN) Interface

3.4.1    RF HANs

3.4.1.1    ZigBee

3.4.1.2    Other RF HAN Technologies

3.4.2    Power Line Communication (PLC) HANs

3.4.2.1    HomePlug

3.4.2.2    HomeGrid/ITU G.hn

3.5  Other Smart Meter Communications Configurations

3.6  Key Technical Issues

3.6.1    Smart Metering Communications Requirements

3.6.2    Interoperability and the Move to IP-Based Networks

3.6.3    Integrated System Security

3.6.4       Future-Proofing

3.7  Standards Issues

3.7.1    Who Sets Metering Standards?

3.7.2    “Standard Set of Standards” Efforts

3.7.2.1    National Institute of Standards and Technology (NIST)

3.7.2.2    European OPEN meter Project

3.7.2.3    Utility-Driven Standardization

3.7.3    Standards Evolution Implications

4.     Deployment Issues and Experiences

4.1  Representative Global Deployments

4.1.1    North America

4.1.1.1    Southern California Edison – Edison SmartConnect

4.1.1.2    Duke Energy

4.1.1.3    Hydro One

4.1.2    Europe

4.1.2.1    Sweden

4.1.2.1.1. Vattenfall

4.1.2.1.2.    Gutenberg Energi

4.1.3    Asia Pacific

4.1.3.1    China

4.2  Consumer Response

4.2.1    Meter Accuracy

4.2.2    Data Security and Privacy

4.2.3    Health and Safety

4.2.4    The Opt-Out Option

5.     Key Industry Players

5.1  Smart Meter and Communications Vendors

5.1.1    Aclara (ESCO Technologies Inc.)

5.1.2    Ambient Corp.

5.1.3    Echelon Corp.

5.1.4    Elster Group

5.1.5    GE Digital Energy

5.1.6    Glen Canyon Corp.

5.1.7    Grid Net, Inc.

5.1.8    Holley Metering Ltd.

5.1.9    Iskraemeco

5.1.10  Itron Inc.

5.1.11  Landis+Gyr

5.1.12  Nuri Telecom

5.1.13  Sagemcom

5.1.14  Secure Meters Ltd. (formerly PRI Ltd.)

5.1.15  Sensus

5.1.16  Silver Spring Networks

5.1.17  SmartSynch, Inc.

5.1.18  Trilliant Inc.

6.     Market Forecasts

6.1  Forecast Introduction

6.2  Global Electrical Meter Installed Base

6.3  Global Smart Meter Unit Shipments by Region

6.3.1    North American Smart Meter Shipments

6.3.2    European Smart Meter Shipments

6.3.3    Asia Pacific Smart Meter Shipments

6.3.4    Latin American Smart Meter Shipments

6.3.5    Middle East/Africa Smart Meter Shipments

6.4  Global Smart Meter Installed Base

6.5  Global Smart Meter Unit Shipments by Meter Type

6.6  Global Smart Meter Unit Shipments by NAN Technology

6.7  Global Advanced Smart Meter Unit Shipments by HAN Technology

6.8  Global Smart Meter Revenue and Average Selling Prices

6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

• Electrical Meter Installed Base by Region, World Markets: 2010-2020
• Electrical Meter Unit Shipments by Region, World Markets: 2010-2020
• Smart Meter Unit Shipments by Region, World Markets: 2010-2020
• Smart Meter Unit Shipments by Utility Type, United States: 2010-2020
• Smart Meter Unit Shipments and Installed Base Penetration, United States: 2010-2020
• Smart Meter Unit Shipments and Installed Base Penetration, Canada: 2010-2020
• Smart Meter Installed Base by Region, World Markets: 2010-2020
• Smart Meter Penetration (of All Electric Meters) by Region, World Markets: 2010-2020
• Electrical Meter Unit Shipments with Percentage Smart Meter Unit Shipments by Region, World Markets: 2010-2020
• Smart Meter Unit Shipments by Meter Type, World Markets: 2010-2020
• Advanced Smart Meter Unit Shipments as a Percentage of All Smart Meter Unit Shipments by Region, World Markets: 2010-2020
• Advanced Smart Meter Unit Shipments by Region, World Markets: 2010-2020
• Advanced Smart Meter Penetration (of All Smart Meters) by Region, World Markets: 2010-2020
• Smart Meter Unit Shipments by NAN Technology, World Markets: 2010-2020
• Smart Meter Unit Shipments by NAN Technology, North America: 2010-2020
• Smart Meter Unit Shipments by NAN Technology, Europe: 2010-2020
• Advanced Smart Meter Unit Shipments by NAN Technology, World Markets: 2010-2020
• Advanced Smart Meter Unit Shipments by HAN Technology, World Markets: 2010-2020
• Basic and Advanced Smart Meter Revenue and ASPs, World Markets: 2010-2020
• Smart Meter Revenue and ASPs, World Markets: 2010-2020
• Advanced Smart Meter Revenue Percentage by Component, World Markets: 2010-2020
• Typical Smart Meter Network Architecture
• Selected Smart Meter Business Cases – Operational Benefits
• Example Smart Meter Form Factors
• Mesh Network Configurations
• Star Network Configuration
• Example ZigBee Mesh Network Topology
• British Gas/Centrica Smart Meter and AMI Configuration
• Example SGCC Smart Meter Configurations
• Example of Select Standards and Standards Bodies for Revenue Metering
• NIST Conceptual Reference Diagram for Smart Grid Information Networks
• OPEN meter Architecture
• SCE HAN Connectivity Concept
• SCE Technology Vendor Map
• Duke Energy’s Utility of the Future Concepts
• Duke Energy’s Communications Network Concept
• Hydro One AMI Configuration
• Hydro One’s Smart Grid Concept

List of Tables

• Smart Meter Mergers and Acquisitions
• Example RF Mesh NAN Systems
• Categories of Power Line Communication
• Smart Metering NAN, HAN, and AMI-WAN Communications Requirements
• All Electrical Meter Unit Shipments by Region, World Markets: 2010-2020
• Electrical Meter Installed Base by Region, World Markets: 2010-2020
• Smart Meter Installed Base and Penetration Rates by Region, World Markets: 2010-2020
• Advanced Smart Meter Installed Base and Penetration Rates by Region, World Markets: 2010-2020
• Smart Meter Unit Shipments, Average Selling Price, and Revenue by Region, World Markets: 2010-2020
• Smart Meter Unit Shipments as a Percentage of All Electrical Meter Unit Shipments by Region, World Markets: 2010-2020
• Smart Meter Unit Shipments by NAN Technology by Region, World Markets: 2010-2020
• Basic Smart Meter Unit Shipments, Average Selling Price, and Revenue by Region, World Markets: 2010-2020
• Basic Smart Meter Unit Shipments by NAN Technology by Region, World Markets: 2010-2020
• Advanced Smart Meter Unit Shipments, Average Selling Price, and Revenue by Region, World Markets: 2010-2020
• Advanced Smart Meter Component Shipments, Average Selling Price, and Revenue, World Markets: 2010-2020
• Advanced Smart Meter Unit Shipments by NAN Technology by Region, World Markets: 2010-2020
• Advanced Smart Meter Unit Shipments by HAN Technology by Region, World Markets: 2010-2020
• Electrical Meter Unit Shipments, North America: 2010-2020
• Electrical Meter Installed Base, North America: 2010-2020
• Smart Meter Installed Base and Penetration Rate, North America: 2010-2020
• Smart Meter Unit Shipments, Average Selling Price, and Revenue, North America: 2010-2020
• Basic Smart Meter Unit Shipments and Revenue, North America: 2010-2020
• Advanced Smart Meter Unit Shipments and Revenue, North America: 2010-2020
• Smart Meter Installed Base and Penetration Rate by Utility Type, United States: 2010-2020
• Smart Meter Unit Shipments by Utility Type, United States: 2010-2020
• Electrical Meter Installed Base, World Markets: 2010-2020
• Advanced Smart Meter Unit Shipments as a Percentage of Total Smart Meter Unit Shipments, World Markets: 2010-2020
• Smart Meter Unit Shipments by NAN Technology, World Markets: 2010-2020
• Smart Meter Unit Shipments by NAN Technology, North America and Europe: 2010-2020
• Advanced Smart Meter Unit Shipments by NAN Technology, World Markets: 2010-2020
• Basic and Advanced Smart Meter Revenue and Average Selling Price, World Markets: 2010-2020

Frequency regulation is an ancillary service with the purpose of managing the quality of energy on the grid. Frequency regulation balances the fluctuations between electricity generation and electrical load and manages the variability in the grid’s frequency output and is required to maintain grid balance regardless of whether the electricity market is regulated or deregulated; frequency regulation is relevant to every grid system. Traditionally, frequency regulation was largely tied to the wholesale energy market. Today, a second key driver has developed – intermittent renewable energy. Solar PV, wind, and other intermittent resources are causing frequency instabilities on the electrical grid. In addition, in face of energy security concerns, major economies are mandating changes in energy mixes globally, altering the mix of technologies available to deliver frequency regulation.

New opportunities in the frequency regulation sector are emerging in countries that are liberalizing or deregulating electricity markets. Additional opportunities are developing in fully deregulated markets that are changing market rules to differentiate the quality of frequency regulation delivered by various technologies. The United States Federal Energy Regulatory Commission has issued Order 755 (commonly referred to as the commission’s Pay for Performance order) with the purpose of making the market more efficient, encouraging high-quality vendors to the market, and reducing the amount of frequency regulation required by the market, all else being equal.

This Pike Research report analyzes the global market for frequency regulation including capacity supplied by coal power plants, natural gas power plants, nuclear power plants, and energy storage systems. The report provides a comprehensive assessment of the demand drivers, business models, policies, and technology issues associated with the frequency regulation market. Key industry players are profiled in depth and worldwide revenue and capacity forecasts, segmented by technology and region, extend through 2022.

Key Questions Addressed:

• What is frequency regulation?
• How is frequency regulation delivered?
• What are the key market structures affecting how much frequency regulation is worth?
• What are the key differences between the North American, European, and Asian markets?
• What key market conditions will affect the frequency regulation market over the next 10 years?
• How will more aggressive economic growth affect the frequency regulation market?

Who needs this report?

• Renewable energy technology providers and project developers
• Energy storage technology vendors and integrators
• Battery manufacturers and component providers
• Utilities
• Government agencies
• Investor community

Table of Contents

1.      Executive Summary

1.1  Introduction

1.2  Market Issues

1.3  Technologies

1.4  Market Forecast

2.      Market Issues

2.1  What Are Ancillary Services?

2.2  What Is Frequency Regulation?

2.3  Key Market Conditions

2.3.1    Regulated Markets and Technology Mix

2.3.2    Deregulated Markets and Technology Mix

3.      Markets by Region

3.1  Broad Regional Comparison

3.2  North America

3.2.1    Energy Mix

3.2.2    Pay for Performance

3.3  Europe

3.3.1    European Grid System

3.3.2    Technical Requirements

3.4  Asia Pacific

3.4.1    Korea

3.4.2    China

3.4.3    India

3.5  Rest of World

4.      Technology Issues

4.1  Introduction

4.2  Flywheels

4.2.1    Basic Principles

4.2.2    Strengths and Weaknesses

4.2.3    Issues Related to Cost

4.3  Lead-Acid Batteries

4.4  Advanced Lead-Acid Batteries

4.5  Pumped Storage

4.5.1    Overview

4.5.2    Applications

4.5.3    Issues Related to Cost

4.6  Sodium-Sulfur Batteries

4.6.1    Overview

4.6.2    Applications

4.6.3    Issues Related To Cost

4.7  Lithium ion Batteries

4.7.1    Overview

4.7.2    Leading Chemistries

4.7.3    Summary of Developments

4.7.4    Efficiency and Capacity

4.7.5    Issues Related to Cost

4.8  ESS for Ancillary Services Technology Comparison

4.9  ESS for Ancillary Services Costs

5.      Key Industry Players

5.1  Grid operators

5.1.1    TEPCO (Tokyo Electric Power Company)

5.1.2    KPX (Korea Power Exchange)

5.1.3    ERCOT

5.1.4    PJM

5.1.5    Energinet

5.2  Flywheels

5.2.1    Active Power

5.2.2    Amber Kinetics

5.2.3    Beacon Power

5.2.4    Vycon

5.3  Advanced Lead-Acid Batteries

5.3.1    East Penn Manufacturing

5.3.2    Panasonic

5.3.3    Xtreme Power

5.4  Lithium Ion

5.4.1    A123 Systems

5.4.2    Altairnano

5.4.3    Saft Batteries

5.5  NaS Batteries: NGK Insulators

5.6  Pumped Storage

5.6.1    Black & Veatch

5.6.2    HDR

5.6.3    MWH Global

5.7  Energy Storage Value-Add Players

5.7.1    AES Energy Storage

5.7.2    NYSERDA

6.      Market Forecasts

6.1  Key Market Conditions

6.2  Scenarios: Average and Aggressive

6.3  Methodology

6.3.1    Revenue

6.3.2    Model

6.4  Global Market Forecast

6.5  North America

6.6  Europe

6.7  Asia Pacific

7.      Company Directory
8.      Acronym and Abbreviation List
9.      Table of Contents
10.    Table of Charts and Figures
11.      Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

• Coal-Fired Power Plant Following the AGC Regulation Command Signal
• Commercial Flywheel Performance
• The European Grid’s Five Synchronous Areas: 2009
• Fingrid Regulation Up and Regulation Down Prices for 2011
• World Energy Consumption: 1990-2035
• Diagram of Electric Power Supply and Demand, Korea: 2010
• Korea’s Smart Grid Roadmap
• Advanced Lead-Acid Battery Cycle Life Comparison to Other Advanced Batteries
• Schematic of Pumped Storage
• Planned Pumped Storage Facilities in the United States
• Integrating Wind with Pumped Storage Shaping Wind Variability
• Schematic of Sodium-Sulfur Battery Technology
• Core NaS Application: Conventional Energy Time Shifting or Peak Shaving
• Frequency Regulation Market Revenue, Average and Aggressive Scenarios, World Markets: 2012-2022
• Electricity Production by Fuel Type, United States: 2008
• Generation Capacity by Fuel Type, South Korea: 2001-2012
• Electricity Production, by Fuel Type, China: 2008
• Total Frequency Regulation Market by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Market by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Market Revenue by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Market Revenue by Region, World Markets, Aggressive Scenario: 2012-2022
• Frequency Regulation Market Revenue, Average and Aggressive Scenario, North America: 2012-2022
• Total Frequency Regulation Capacity by Technology, Average Scenario, North America: 2012-2022
• Total Frequency Regulation Capacity by Technology, Aggressive Scenario, North America: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Western Europe: 2012-2022
• Total Frequency Regulation Capacity by Technology, Average Scenario, Western Europe: 2012-2022
• Total Frequency Regulation Capacity by Technology, Aggressive Scenario, Western Europe: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenario, Asia Pacific: 2012-2022
• Total Frequency Regulation Capacity by Technology, Average Scenario, Asia Pacific: 2012-2022
• Total Frequency Regulation Capacity by Technology, Aggressive Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Delivered by Coal Power Plants by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Natural Gas Plants by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Nuclear Power Plants by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Energy Storage Systems by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Coal Power Plants by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Natural Gas Plants by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Nuclear Power Plants by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Energy Storage Systems by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Coal Power Plants by Region, Market Revenue, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Natural Gas Plants by Region, Market Revenue, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Nuclear Power Plants by Region, Market Revenue, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Energy Storage Systems by Region, Market Revenue, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Coal Power Plants by Region, Market Revenue, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Natural Gas Plants by Region, Market Revenue, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Nuclear Power Plants by Region, Market Revenue, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Energy Storage Systems by Region, Market Revenue, Aggressive Scenario, World Markets:  2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Latin America: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Eastern Europe: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Middle East: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Africa: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, World Markets: 2012-2022

List of Tables

• Summary of Key Market Conditions in the Frequency Regulation Market
• Summary of Select Ancillary Service Markets and Characteristics
• Summary of Key Markets and Drivers and Market Characteristics, Select Countries
• Summary of Market Structures, ISOs versus Vertically Integrated Markets
• Summary of U.S. Grid Operators, Capacity, Ancillary Services Considered, and  Payments, as Available
• Fingrid Regulation Up and Regulation Down Minimum, Maximum, and Average  Prices for 2011
• Summary of European Grid Operators, Capacity, Ancillary Services Considered, and Payments, as Available
• Technical Comparison of Primary Frequency Control, Parameters in Various Systems: 2007
• Summary of Asia Pacific Grid Operators, Capacity, Ancillary Services Considered, and Payments, as Available
• South Korea’s Energy Consumption and Imports
• China Southern Grid Frequency Regulation Payment Structure
• Summary of Rest of World Grid Operators, Capacity, Ancillary Services Considered, and Payments, as Available
• Characteristics of Li-ion Battery Chemistries
• ESG Technology Strengths and Weaknesses
• Storage Characteristics by Application and Technology
• Active Power SWOT Analysis
• Amber Kinetics SWOT Analysis
• Beacon Power SWOT Analysis
• Vycon SWOT Analysis
• East Penn Manufacturing SWOT Analysis
• Panasonic SWOT Analysis
• Xtreme Power SWOT Analysis
• A123 Systems SWOT Analysis
• Altairnano SWOT Analysis
• Saft Batteries SWOT Analysis
• NGK Insulators SWOT Analysis
• Black & Veatch SWOT Analysis
• HDR SWOT Analysis
• MWH SWOT Analysis
• AES Energy Storage SWOT Analysis
• NYSERDA SWOT Analysis
• Summary of Key Market Conditions in the Frequency Regulation Market
• Pike Research Forecast Methodology Drivers
• Annual Growth of Frequency Regulation Market by Technology, Average Scenario, North America: 2012-2022
• Frequency Regulation Capacity by Technology, Average Scenario, North America: 2012-2022
• Frequency Regulation Delivered by Technology, Average Scenario, North America: 2012-2022
• Frequency Regulation Cost by Technology, Average Scenario, North America: 2012-2022
• Frequency Regulation Revenue by Technology, Average Scenario, North America: 2012-2022
• Frequency Regulation Capacity by Technology, Aggressive Scenario, North America: 2012-2022
• Frequency Regulation Capacity, North America, Aggressive Scenario: 2012-2022
• Frequency Regulation Delivered by Technology, Aggressive Scenario, North America: 2012-2022
• Frequency Regulation Cost by Technology, Aggressive Scenario, North America: 2012-2022
• Frequency Regulation Revenue by Technology, Aggressive Scenario, North America: 2012-2022
• Annual Growth of Frequency Regulation Market by Technology, Average Scenario, Western Europe: 2012-2022
• Frequency Regulation Capacity by Technology, Average Scenario, Western Europe: 2012-2022
• Frequency Regulation Delivered by Technology, Average Scenario, Western Europe: 2012-2022
• Frequency Regulation Cost by Technology, Average Scenario, Western Europe: 2012-2022
• Frequency Regulation Revenue by Technology, Average Scenario, Western Europe: 2012-2022
• Frequency Regulation Capacity by Technology, Aggressive Scenario, Western Europe: 2012-2022
• Frequency Regulation Capacity, Western Europe, Aggressive Scenario: 2012-2022
• Frequency Regulation Delivered by Technology, Aggressive Scenario, Western Europe: 2012-2022
• Frequency Regulation Cost by Technology, Aggressive Scenario, Western Europe: 2012-2022
• Frequency Regulation Revenue by Technology, Aggressive Scenario, Western Europe: 2012-2022
• Annual Growth of Frequency Regulation Market by Technology, Average Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Capacity by Technology, Average Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Delivered by Technology, Average Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Cost by Technology, Average Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Revenue by Technology, Average Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Capacity by Technology, Aggressive Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Capacity, Asia Pacific, Aggressive Scenario: 2012-2022
• Frequency Regulation Delivered by Technology, Aggressive Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Cost by Technology, Aggressive Scenario, Asia Pacific: 2012-2022
• Frequency Regulation Revenue by Technology, Aggressive Scenario, Asia Pacific: 2012-2022
• Annual Growth of Frequency Regulation Market by Technology, Average Scenario, Latin America: 2012-2022
• Frequency Regulation Capacity by Technology, Average Scenario, Latin America: 2012-2022
• Frequency Regulation Delivered by Technology, Average Scenario, Latin America: 2012-2022
• Frequency Regulation Cost by Technology, Average Scenario, Latin America: 2012-2022
• Frequency Regulation Revenue by Technology, Average Scenario, Latin America: 2012-2022
• Frequency Regulation Capacity by Technology, Aggressive Scenario, Latin America: 2012-2022
• Frequency Regulation Capacity, Latin America, Aggressive Scenario: 2012-2022
• Frequency Regulation Delivered by Technology, Aggressive Scenario, Latin America: 2012-2022
• Frequency Regulation Cost by Technology, Aggressive Scenario, Latin America: 2012-2022
• Frequency Regulation Revenue by Technology, Aggressive Scenario, Latin America: 2012-2022
• Annual Growth of Frequency Regulation Market by Technology, Average Scenario, Eastern Europe: 2012-2022
• Frequency Regulation Capacity by Technology, Average Scenario, Eastern Europe: 2012-2022
• Frequency Regulation Delivered by Technology, Average Scenario, Eastern Europe: 2012-2022
• Frequency Regulation Cost by Technology, Average Scenario, Eastern Europe: 2012-2022
• Frequency Regulation Revenue by Technology, Average Scenario, Eastern Europe: 2012-2022
• Frequency Regulation Capacity by Technology, Aggressive Scenario, Eastern Europe: 2012-2022
• Frequency Regulation Capacity, Eastern Europe, Aggressive Scenario: 2012-2022
• Frequency Regulation Delivered by Technology, Aggressive Scenario, Eastern Europe: 2012-2022
• Frequency Regulation Cost by Technology, Aggressive Scenario, Eastern Europe: 2012-2022
• Frequency Regulation Revenue by Technology, Aggressive Scenario, Eastern Europe: 2012-2022
• Annual Growth of Frequency Regulation Market by Technology, Average Scenario, Middle East: 2012-2022
• Frequency Regulation Capacity by Technology, Average Scenario, Middle East: 2012-2022
• Frequency Regulation Delivered by Technology, Average Scenario, Middle East: 2012-2022
• Frequency Regulation Cost by Technology, Average Scenario, Middle East: 2012-2022
• Frequency Regulation Revenue by Technology, Average Scenario, Middle East: 2012-2022
• Frequency Regulation Capacity by Technology, Aggressive Scenario, Middle East: 2012-2022
• Frequency Regulation Capacity, Middle East, Aggressive Scenario: 2012-2022
• Frequency Regulation Delivered by Technology, Aggressive Scenario, Middle East: 2012-2022
• Frequency Regulation Cost by Technology, Aggressive Scenario, Middle East: 2012-2022
• Frequency Regulation Revenue by Technology, Aggressive Scenario, Middle East: 2012-2022
• Annual Growth of Frequency Regulation Market by Technology, Average Scenario, Africa: 2012-2022
• Frequency Regulation Capacity by Technology, Average Scenario, Africa: 2012-2022
• Frequency Regulation Delivered by Technology, Average Scenario, Africa: 2012-2022
• Frequency Regulation Cost by Technology, Average Scenario, Africa: 2012-2022
• Frequency Regulation Revenue by Technology, Average Scenario, Africa: 2012-2022
• Frequency Regulation Capacity by Technology, Aggressive Scenario, Africa: 2012-2022
• Frequency Regulation Capacity, Africa, Aggressive Scenario: 2012-2022
• Frequency Regulation Delivered by Technology, Aggressive Scenario, Africa: 2012-2022
• Frequency Regulation Cost by Technology, Aggressive Scenario, Africa: 2012-2022
• Frequency Regulation Revenue by Technology, Aggressive Scenario, Africa: 2012-2022
• Total Frequency Regulation Market by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Coal Power Plants by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Natural Gas Plants by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Nuclear Power Plants by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Energy Storage Systems by Region, Average Scenario, World Markets: 2012-2022
• Total Frequency Regulation Market by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Coal Power Plants by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Natural Gas Plants by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Nuclear Power Plants by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Energy Storage Systems by Region, Aggressive Scenario, World Markets: 2012-2022
• Total Frequency Regulation Market by Technology, Average Scenario, North America: 2012-2022
• Total Frequency Regulation Market by Technology, Average Scenario, Western Europe: 2012-2022
• Total Frequency Regulation Market by Technology, Average Scenario, Asia Pacific: 2012-2022
• Total Frequency Regulation Market by Technology, Average Scenario, Latin America: 2012-2022
• Total Frequency Regulation Market by Technology, Average Scenario, Eastern Europe: 2012-2022
• Total Frequency Regulation Market by Technology, Average Scenario, Middle East: 2012-2022
• Total Frequency Regulation Market by Technology, Average Scenario, Africa: 2012-2022
• Total Frequency Regulation Market by Technology, Aggressive Scenario, North America: 2012-2022
• Total Frequency Regulation Market by Technology, Aggressive Scenario, Western Europe: 2012-2022
• Total Frequency Regulation Market by Technology, Aggressive Scenario, Asia Pacific: 2012-2022
• Total Frequency Regulation Market by Technology, Aggressive Scenario, Latin America: 2012-2022
• Total Frequency Regulation Market by Technology, Aggressive Scenario, Eastern Europe: 2012-2022
• Total Frequency Regulation Market, by Technology Aggressive Scenario, Middle East: 2012-2022
• Total Frequency Regulation Market by Technology, Aggressive Scenario, Africa: 2012-2022
• Total Frequency Regulation Market Revenue by Region, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Coal Power Plants by Region, Market Revenue, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Natural Gas Plants by Region, Market Revenue, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Nuclear Power Plants by Region, Market Revenue, Average Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Energy Storage Systems by Region, Market Revenue, Average Scenario, World Markets: 2012-2022
• Total Frequency Regulation Market Revenue by Region, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Coal Power Plants by Region, Market Revenue, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Natural Gas Plants by Region, Market Revenue, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Nuclear Power Plants by Region, Market Revenue, Aggressive Scenario, World Markets: 2012-2022
• Frequency Regulation Delivered by Energy Storage Systems by Region, Market Revenue, Aggressive Scenario, World Markets:  2012-2022
• Total Frequency Regulation Market Revenue by Technology, Average Scenario, North America: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Average Scenario, Western Europe: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Average Scenario, Asia Pacific: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Average Scenario, Latin America: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Average Scenario, Eastern Europe: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Average Scenario, Middle East: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Average Scenario, Africa: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Aggressive Scenario, North America: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Aggressive Scenario, Western Europe: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Aggressive Scenario, Asia Pacific: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Aggressive Scenario, Latin America: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Aggressive Scenario, Eastern Europe: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Aggressive Scenario, Middle East: 2012-2022
• Total Frequency Regulation Market Revenue by Technology, Aggressive Scenario, Africa: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, North America: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Western Europe: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Asia Pacific: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Latin America: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Eastern Europe: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Middle East: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, Africa: 2012-2022
• Total Frequency Regulation Market Revenue, Average and Aggressive Scenarios, World Markets: 2012-2022

The electrical grid consists of power generation, transmission, distribution, and customer assets that literally cover the face of the earth. Ultimately, the smart grid is all about awareness of the situation of these assets in order to facilitate optimal performance and effectively anticipate and respond to events that might disrupt performance. A geographic information system (GIS) is the method by which utilities capture, store, manipulate, analyze, and manage geospatially referenced information about these assets. Geodata types relevant to electric utilities might include everything from land-based data, streets, ownership/real estate, vegetation, network topology, GPS location data, census data, and many others.

Since spatial data underlies everything an electric utility does, GIS is the only foundational view that can potentially link every operational activity of an electric utility including design and construction, asset management, workforce management, and outage management as well as supervisory control and data acquisition (SCADA), distribution management systems (DMSs), renewables, and strategy planning. Today, utilities are enhancing these key smart grid business processes by implementing GIS applications to support optimal operations.

This Pike Research report analyzes the global market opportunity for GIS across four key application segments: GIS tools and GIS workflow applications for both AEC and operations applications. The report provides a comprehensive assessment of the demand drivers, business models, and technology issues associated with this rapidly growing opportunity. Key industry players are profiled in depth and worldwide software and services revenue, segmented by region, are provided through 2017.

Key Questions Addressed:

• How does GIS enable smart grid technologies and which applications are center-stage for utilities going forward?
• What are the key challenges for GIS users and vendors that must be overcome for the potential benefits of GIS to be fully realized?
• What are the relative software and services opportunities between GIS workflow segments – AEC vs. Operations – over the 2011-2017 timeframe?
• What are the key GIS-related workflows utilities are developing today and their relative speed of adoption?
• How are key technology developments likely to impact the usage of GIS in the forecast period?
• Who are the market leaders and what is their positioning?
• How will regional demand differ for GIS tools and workflows?

Who needs this report?

• GIS software tools providers
• GIS-related utility software and services solutions providers
• Smart grid technology companies
• Smart grid project leaders
• Utilities
• Investor community

Table of Contents

1.      Executive Summary

1.1  What is a Geographic Information System?

1.2  GIS in the Electric Utility Industry

1.3  Challenges for GIS in the Electric Utility

1.3.1    Data Complexity and Quality

1.3.2    Mobile Workforce Requirements

1.3.3    Organizational Challenges

1.3.4    GIS Ecosystem

1.4  Evolution of the Electric Utility GIS Market

1.5  Utility GIS – Technology Developments

1.5.1    Mobility and Communications

1.5.2    Cloud

1.5.3    Analytics

1.5.4    Federated versus Central GIS Repository

1.6  Utility GIS Vendors

1.7  Utility GIS Market Size and Forecast

2.      Market Issues

2.1  What is GIS?

2.2  GIS in the Electric Utility Industry

2.3  Evolution of Electric Utility GIS

2.3.1    Majority Adoption Workflows

2.3.1.1    Automated Mapping/Facilities Management

2.3.1.2    Back Office

2.3.1.3    AEC Plant and Infrastructure Design and Engineering

2.3.2    Early Majority Workflows

2.3.2.1    Asset Management

2.3.2.2    Mobile Workforce Automation

2.3.2.3    Outage Management Systems

2.3.3    Early Adopter/Innovator Stage

2.3.3.1    Advanced DMS

2.3.3.2    AMI and Meter Data Management

2.4  Challenges for GIS in the Electric Utility

2.4.1    Data

2.4.1.1    Data Complexity and Unique Application Usage

2.4.1.2    Data Quality

2.4.2    Mobile Workforce Requirements

2.4.3    Loss of GIS and Asset Knowledge as the Experienced Workforce Retires

2.4.4    Organizational Challenges

2.4.4.1    ROI Justification

2.4.4.2    The GIS Organizational Function

2.4.5    Effectiveness of the GIS Ecosystem

2.4.6    Consumerization of IT

2.5  Summary

3.      Technology Issues

3.1  Mobility

3.2  Analytics

3.3  Cloud

3.4  Communications Technology

3.5  Federated versus Central GIS Database of Record

3.6  3D

3.7  Remote Sensing

3.8  Standards

4.      Key Industry Players

4.1  Overview

4.2  Software Vendors

4.3  Services Vendors

4.4  Vendor Profiles

4.4.1    Accenture

4.4.2    Autodesk

4.4.3    Bentley

4.4.4    Enspiria Solutions/Black & Veatch

4.4.5    Esri

4.4.6    GE Energy Smallworld

4.4.7    IBM

4.4.8    Infosys Limited

4.4.9    Intergraph Corporation

4.4.10  Mettenmeier

4.4.11  Oracle

4.4.12  Telvent (Schneider Electric)

4.4.13  Other Vendors

5.      Market Forecasts

5.1  Utility GIS Market Definition

5.2  Total Software and Services Forecast

5.3  Software Market Trends

5.3.1    Type of Software Segment

5.3.1.1    GIS Tool Segment

5.3.1.1.1.  AEC GIS Tool Segment

5.3.1.1.2.  Operations GIS Tool Segment

5.3.2    Type of Workflow Segment

5.3.2.1    AEC Workflow

5.3.2.1.1.  AEC GIS Workflow Segment

5.3.2.1.2.  Operations GIS Workflow Segment

5.4  Services Market Trends

5.5  Regional Assumptions

5.5.1    North and Latin America

5.5.2    Europe

5.5.3    Asia Pacific and Middle East

5.6  Product Definitions

6.      Company Directory
7.      Acronym and Abbreviation List
8.      Table of Contents
9.      Table of Charts and Figures
10.    Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

• Total Electric Utility Industry GIS-Related Software and Services Spending, World Markets: 2011-2017
• Total Electric Utility Industry GIS-Related Software and Services Spending, World Markets: 2011-2017
• Total Electric Utility Industry GIS Tool and Workflow Software Spending by Region, World Markets: 2011-2017
• Total Electric Utility Industry GIS-Related Services Spending by Region, World Markets: 2011-2017
• Total Electric Utility Industry Operations GIS Tool and Workflow Software Spending, World Markets: 2011-2017
• Total Electric Utility Industry GIS Tool and Workflow Software Spending, World Markets: 2011-2017
• Total Electric Utility AEC GIS Tool and Workflow Software Spending, World Markets:  2011-2017
• GIS  Database Layers
• Electric Utility GIS Architecture
• Electric Utility GIS-related Applications

List of Tables

• AEC and Operations GIS Tools and Workflow Applications Examples
• Electric Utility AEC GIS Tool Software Spending by Region, World Markets: 2011-2017
• Electric Utility AEC GIS Workflow Software Spending by Region, World Markets: 2011-2017
• Total Electric Utility AEC GIS Tool and Workflow Software Spending by Region, World Markets: 2011-2017
• Electric Utility Industry Operations GIS Tool Software Spending by Region, World Markets: 2011-2017
• Electric Utility Industry Operations GIS Workflow Software Spending by Region, World Markets: 2011-2017
• Total Electric Utility Industry Operations GIS Tool and Workflow Software Spending by Region, World Markets: 2011-2017
• Total Electric Utility Industry GIS Tool and Workflow Software Spending by Region, World Markets: 2011-2017
• Electric Utility Industry GIS Tool Software Spending by Region, World Markets: 2011-2017
• Electric Utility Industry GIS Workflow Software Spending by Region, World Markets: 2011-2017
• Total Electric Utility Industry GIS Tool and Workflow Software Spending by Region, World Markets: 2011-2017
• Electric Utility Industry GIS-Related Services Spending by Region, World Markets: 2011-2017
• Total Electric Utility Industry GIS Tool and Workflow Software Spending, World Markets: 2011-2017

Waste-to-Energy (WTE) encompasses thermal and biological conversion technologies that unlock the usable energy stored in municipal solid waste (MSW) to generate electricity and heat. WTE facilities are integrated into broader waste management regimes aimed at preventing the use of landfills. By reducing waste volumes by 90% or more and avoiding methane gas emissions from landfill decay, WTE offers an attractive option to promote low-carbon growth in the crowded renewable energy landscape.

In 2011, the world generated an estimated 2 billion tons of MSW. Population growth, urbanization, and rising standards of living are expected to drive this number higher, increasing global demand for WTE solutions. Already in the midst of scaling up capacity, growth in China is expected to shift the center of the WTE universe away from Europe to Asia Pacific. High upfront capital costs and attractive economics for landfilling, however, represent persistent barriers to wide spread adoption. Although more than 800 thermal WTE plants currently operate in nearly 40 countries around the globe, these facilities treated just 11% of MSW generated worldwide in 2011 compared to the 70% that was landfilled. Although combustion technologies continue to dominate the market, advanced thermal treatment (ATT) technology deployments such as pyrolysis are expected to pick up as diminishing landfill capacity improves WTE economics. Installments of biological technologies are also expected to increase worldwide.

This Pike Research report analyzes the global market opportunity for WTE across three key technology segments: combustion, gasification, and anaerobic digestion. The report provides a comprehensive assessment of the demand drivers, business models, policy factors, and technology issues associated with the rapidly-growing market for WTE. Key industry players are profiled in depth and worldwide revenue and capacity forecasts, segmented by application and region, extend through 2022.

Key Questions Addressed:

• What are the regulatory, technological, and economic market drivers for WTE?
• How does WTE fit into the broader waste management regimes within key markets?
• How is the market structured and who are the key market players?
• How much waste will be generated by region and key markets?
• What is the size of the WTE market opportunity by region and technology capacity?

Who needs this report?

• Waste management companies
• Municipal and private owners and operators of WTE plants
• Thermal WTE equipment and component suppliers
• Biological WTE equipment and component suppliers
• Developers of new WTE technologies
• Suppliers of steam and gas turbines and engines, measurement instruments, advanced and corrosion resistant materials
• Utilities
• Government agencies
• Investor community

Table of Contents

1.      Executive Summary

1.1   Overview

1.2   Main Findings

1.3   Emerging Trends

1.4   Forecast Overview

2.      Waste Opportunities

2.1   Waste Overview

2.2   Defining MSW

2.2.1     Defining MSW – United States

2.2.2     Defining MSW – European Union

2.2.3     Defining MSW – United Nations

2.3   Assessing Global MSW Generation

2.4   MSW Characteristics

2.4.1     Waste Composition

2.4.2     Waste Handling

2.5   Global Waste Management

2.6   MSW End Uses

2.6.1     Combined Heat and Power

2.6.2     District Heating

2.6.3     District Heating and Cooling

2.6.4     Waste-to-Fuels

2.6.5     Mineral and Metal Recovery

2.6.6     Waste-to-Water

2.7   Why WTE?

3.      Market Issues

3.1   Overview of WTE

3.1.1     Defining WTE

3.1.2     Brief History of WTE

3.1.3     Waste as a Renewable Resource

3.1.4     Advantages and Disadvantages of WTE

3.2   Role of WTE in Energy Markets

3.2.1     Global WTE Utilization

3.2.2     WTE Power Generation

3.3   WTE Market Drivers

3.3.1     Energy Security

3.3.1.1     Rising Electricity Demand

3.3.1.2     Industrialization (Especially in Emerging Markets)

3.3.1.3     Energy Prices

3.3.1.3.1.    Electricity Prices

3.3.1.3.2.    Heat Prices

3.3.2     Climate Change

3.3.3     Waste Management

3.3.3.1     Population Growth

3.3.3.2     Increasing Consumption

3.3.3.3     Landfilling

3.3.3.4     Waste Management Policies

3.3.3.4.1.    Waste Ownership

3.3.3.4.2.    Waste Hierarchies

3.3.3.4.3.    Landfilling Policies

3.3.4     WTE Mandates, Regulations, and Incentives

3.3.4.1     Renewable Power Production

3.3.4.2     Feed-in Tariffs

3.3.4.3     Tax Credits

3.4   WTE Market Barriers

3.4.1     Policy Uncertainty

3.4.1.1     Climate Change and GHG Regulation

3.4.1.2     Evolving Waste Management Policies

3.4.2     Cost

3.4.3     Natural Gas Prices

3.4.4     NIMBYism (Public Opposition)

3.5   WTE Economics

3.5.1     Mass Burn Facilities

3.5.2     Gasification Facilities

3.5.3     WTE Revenue

4.      Technology Issues

4.1   Technology Overview

4.1.1     Typical System Components

4.1.2     Technology and Market Maturity

4.2   Direct Combustion Technologies

4.2.1     Combustion Advantages and Disadvantages

4.2.2     Key Technology Issues

4.2.3     Combustion Approaches

4.2.3.1     Mass Burn

4.2.3.2     RDF

4.2.3.3     Fluidized Bed

4.2.3.4     SEMASS

4.2.3.5     Advanced Thermal Recycling

4.3   Advanced Thermal Technologies

4.3.1     Gasification

4.3.1.1     Fixed Beds

4.3.1.2     Fluidized Beds

4.3.2     Pyrolysis

4.3.3     Plasma Arc Gasification

4.4   Biological Treatment

4.4.1     Anaerobic Digestion

4.4.2     Mechanical Biological Treatment (MBT)

4.5   Air Pollution Control Technologies

4.5.1     Particle Removal

4.5.2     Chemical Cleaning

4.6   Residue Management

4.7   Energy Recovery

5.      Key Industry Players

5.1   Thermal WTE Players

5.1.1     ABB

5.1.2     Babcock & Wilcox Volund

5.1.3     Babcock Power

5.1.4     China Everbright

5.1.5     Covanta Energy

5.1.6     Fisia Babcock Environment

5.1.7     Foster Wheeler

5.1.8     Green Conversion Systems

5.1.9     GreenLight Energy Solutions

5.1.10   Hitachi Zosen Inova

5.1.11   Jansen Combustion & Boiler Technologies

5.1.12   JFE

5.1.13   Keppel Seghers

5.1.14   Martin

5.1.15   Outotec Oyj

5.1.16   Plasco Energy Group

5.1.17   S4 Energy Solutions

5.1.18   Splainex

5.1.19   Suez Environment

5.1.20   Veolia Environmental Services

5.1.21   Wheelabrator Technologies

5.1.22   Xcel Energy

5.2   Biological Treatment (Biogas) Players)

5.2.1     Bekon

5.2.2     Biogas Nord

5.2.3     BiogenGreenfinch

5.2.4     BTA

5.2.5     DVO

5.2.6     Haase Anlagenbau

5.2.7     Kompogas

5.2.8     Organic Waste Systems

5.2.9     Ros Roca International

5.2.10   Schmack Biogas

5.2.11   Valorga International, France

5.2.12   Weltec Biopower GmbH

6.      Market Forecasts

6.1   Methodology

6.1.1     Key Assumptions

6.1.2     Waste Generation Assumptions

6.1.3     Estimating Urban Population Trends

6.1.4     Estimating Waste Generation Trends

6.2   Market Assumptions

6.3   MSW Generation Forecasts

6.4   Waste Management Forecasts

6.4.1     Conservative (Business-as-Usual) Scenario

6.4.2     Optimistic Scenario

6.5   WTE Net Energy Generation Forecasts

6.6   WTE Market Value Forecasts

6.6.1     By Region

6.6.2     By Conversion Technology

7.      Key Markets

7.1   Overview

7.2   United States

7.2.1     Market Dynamics

7.2.2     Waste Management

7.2.3     WTE Forecasts

7.3   Canada

7.4   Brazil

7.4.1     Market Dynamics

7.4.2     Waste Management

7.4.3     WTE Forecasts

7.5   EU-27

7.5.1     Market Dynamics

7.5.2     Waste Management

7.5.3     WTE Forecasts

7.6   China

7.6.1     Market Dynamics

7.6.2     WTE Forecasts

7.7   India

7.8   Japan

7.8.1     Market Dynamics

7.8.2     Waste Management

7.8.3     WTE Forecasts

7.9   ASEAN

8.      Company Directory
9.      Acronym and Abbreviation List
10.    Table of Contents
11.     Table of Charts and Figures
12.     Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

• MSW Management (Optimistic) by Disposal Method, World Markets: 2010-2022
• WTE Market Value by Forecast Scenario, World Markets: 2010-2022
• Proportion of MSW Generation by Region, World Markets: 2011
• Average MSW Generated by Country, World Markets: 2008
• Market Share of MSW Generation by Country, World Markets: 2011
• Composition of MSW by Material, United States: 2010
• Primary Energy Mix by Source, World Markets: 2007
• Market Share of WTE Facilities by Region, World Markets: 2011
• Net Renewable Electricity by WTE Treatment Method, EU-27: 2006-2020
• Net Electricity Generation by Region, Non-OECD Markets: 1990-2035
• GHG Emissions from Waste by Source, World Markets: 1995-2020
• GHG Emissions from Waste by Source, World Markets: 1995-2020
• Urban Population by Region, World Markets: 2010-2022
• Per Capita Income by Country, World Markets: 2010
• MSW Generation by Region, World Markets: 2010-2022
• CAGRs for Population and Waste Growth by Country, World Markets: 2012-2022
• WTE Capacity by Scenario, World Markets: 2010-2022
• MSW Management (Conservative) by Disposal Method, World Markets: 2010-2022
• WTE Capacity (Conservative) by Key Market, World Markets: 2010-2022
• MSW Treatment (Optimistic) by Disposal Method, World Markets: 2010-2012
• WTE Capacity (Optimistic) by Key Market, World Markets: 2010-2022
• Net Electricity Generation from WTE by Scenario, World Markets: 2010-2022
• WTE Market Value by Scenario, World Markets: 2010-2022
• WTE Market Value Growth by Region and Scenario, World Markets: 2010-2022
• WTE Market Value (Optimistic) by Conversion Technology, World Markets: 2010-2022
• MSW Management by Disposal Method, Mature WTE Markets: 2011
• MSW Treatment (Optimistic) by Disposal Method, United States: 2010-2022
• WTE Capacity by Scenario, United States: 2010-2022
• WTE Capacity by Scenario, Brazil: 2010-2022
• MSW Treatment (Optimistic) by Disposal Method, EU-27: 2010-2022
• WTE Capacity by Scenario, EU-27: 2010-2022
• WTE Capacity (Optimistic) by Country, Asia Pacific: 2022
• WTE Capacity by Scenario: China: 2010-2022
• MSW Treatment (Optimistic) by Disposal Method, China: 2010-2022
• The Copenhagen District Heating Network
• Map of World’s Megacities: 2006
• Snapshot of Waste Lifecycle
• EPA Waste Management Hierarchy
• EU Waste Management Hierarchy
• WTE Incineration Diagram
• MSW Management, Segmentation by Treatment Method and Country, EU-27: 2008

List of Tables

• Comparative MSW Generation Rates as a Function of Annual Income
• Advantages and Disadvantages of WTE
• Commercialization Status of WTE Technologies
• Share of MSW Generated by Region, World Markets: 2011
• Average MSW Generated by Country: 2008
• Total MSW Generated by Country, World Markets: 2011
• Composition of MSW by Material, United States: 2010
• Global Generation Capacity
• Estimated WTE Facilities by Region, World Markets: 2010
• Thermal Treatment MSW, Total Energy Output, EU-27: 2006-2020
• Total Energy Output by Treatment Method, EU-27: 2006
• Renewable Electricity Output by WTE MSW Treatment Method, EU-27: 2006-2020
• Avoided WTE CO2 Emissions by Treatment Method, EU-27: 2006-2020
• Net Electricity Generation by Region, Non-OECD Markets: 1990-2035
• GHG Emissions from Waste by Source, World Markets: 1995-2020
• GHG Emissions from Waste by Source, World Markets: 1995-2020
• Urban Population by Region, World Markets: 2010-2022
• GDP by Key WTE Markets, World Markets: 2011
• MSW Generation by Region, World Markets: 2010-2022
• Conservative MSW Management Projections by Region, World Markets: 2010-2022
• Optimistic MSW Management Projections by Region, World Markets: 2010-2022
• Conservative WTE Power Generation by Region, World Markets: 2010-2022
• Optimistic WTE Power Generation by Region, World Markets: 2010-2022
• WTE Market Value by Region, World Markets: 2010-2022
• WTE Market Value by Technology, World Markets: 2010-2022
• MSW Generation by Region, World Markets: 2010-2022

At 30 billion gallons in 2011, the global biofuels industry has become big business. Although conventional biofuels derived from commodity crops account for the bulk of production today, a proliferation of national blending mandates have triggered a stampede to commercialize advanced conversion pathways that rely on low cost, non-food feedstocks. With a stake in future oil production and “easy oil” increasingly difficult to source, the world’s largest oil companies have each charted strategies to bring biofuels to market at scale.

A common misconception is that biofuels are generally adverse to Big Oil’s interest. The companies profiled in this report have collectively sunk billions into developing the industry over the last 5 years. While a handful are pursuing near-term production via proven, first generation pathways, all acknowledge that advanced biofuels must play a strategic role in the future energy mix. To varying degrees, these companies have established strategic partnerships and invested in innovative startups in an effort to build out integrated supply chain delivery networks. With the estimated cost of meeting emerging mandates over the next decade at $336 billion, access to the oil industry’s capital and expertise will be critical to scaling up biofuels production.

This Pike Pulse report evaluates ten of the leading publicly-traded international oil majors and rates them on 12 criteria for strategy and execution, including production strategy and roadmap, partnerships, geographic reach, investment portfolio, distribution network, and market impact. Using Pike Research’s proprietary Pike Pulse methodology, companies are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these majors’ relative strengths and weaknesses in the emerging biofuels marketplace.

Top 10 Vendors:

1.  Shell

2.  BP

3.  Total

4.  Petrobras

5.  Chevron

6.  Statoil

7.  PetroChina

8.  ConocoPhillips

9.  Eni

10. ExxonMobil

Key Questions Addressed:

• What investment strategies are leading oil majors pursuing to scale up biofuels?
• In which advanced conversion technologies are oil companies investing?
• Which biofuel feedstocks are being used for short- and long-term biofuels development?
• In which regions are the oil companies investing?
• What are the key partnerships within the biofuels industry?
• What key trends are emerging in the biofuels industry?

Who needs this report?

Table of Contents

1.      Executive Summary

1.1  Introduction

1.2  Pike Pulse Company Scores

2.      Market Overview

2.1  Market Definition

2.2  Key Market Drivers

2.2.1    Diversifying the Fuel Supply – Supply Continuity

2.2.2    Rising Demand

2.2.3    Blending Mandates

2.2.4    Climate Change

2.3  Key Market Trends

2.3.1    Delayed Advanced Biofuels Commercialization

2.3.2    Shifting Priorities: End-Product Neutrality

2.3.3    Race for Cheap Sugars

2.3.4    Rise of Aviation Biofuels

2.3.5    Sustainability

2.4  Summary

3.      The Pike Pulse

3.1  Introduction

3.2  Pike Pulse Grid

3.3  Company Rankings

3.3.1    Contenders

3.3.1.1    Shell

3.3.1.2    BP

3.3.1.3    Total

3.3.1.4    Petrobras

3.3.1.5    Chevron

3.3.1.6    Statoil

3.3.1.7    PetroChina

3.3.2    Challengers

3.3.2.1    ConocoPhillips

3.3.2.2    Eni

3.3.2.3    ExxonMobil

4.      Company Profiles

4.1  Leaders

4.2  Contenders

4.2.1    Shell

4.2.2    BP

4.2.3    Total

4.2.4    Petrobras

4.2.5    Chevron

4.2.6    Statoil

4.2.7    PetroChina

4.3  Challengers

4.3.1    ConocoPhillips

4.3.2    Eni

4.3.3    ExxonMobil

4.4  Followers

5.      Company Directory

6.      Acronym and Abbreviation List

7.      Table of Contents

8.      Table of Charts and Figures

9.      Scope of Study

9.1  Scope of Study

9.2  Sources and Methodology

9.2.1    Company Selection

9.2.2    Ratings Scale

9.2.2.1    Score Calculations

9.2.3    Criteria Definitions

9.2.3.1    Strategy

9.2.3.2    Execution

List of Charts and Figures

• The Pike Pulse Grid
• Liquid Fuels Consumption by Region, World Markets: 1990-2035
• Projected Biofuels Demand by Region, World Markets: 2011-2021
• Projected Biofuels Production by Region, World Markets: 2011-2021
• The Pike Pulse Grid
• Shell Strategy & Execution Scores
• BP Strategy & Execution Scores
• Total Strategy & Execution Scores
• Petrobras Strategy & Execution Scores
• Chevron Strategy & Execution Scores
• Statoil Strategy & Execution Scores
• PetroChina Strategy & Execution Scores
• ConocoPhillips Strategy & Execution Scores
• Eni Strategy & Execution Scores
• ExxonMobil Strategy & Execution Scores

List of Tables

• Company Overall Scores
• Commercial Flights Using Advanced Biofuels, World Markets: 2011
• Liquid Fuels Consumption by Region, World Markets: 1990-2035
• Projected Biofuels Demand by Region, World Markets: 2011-2021
• Projected Biofuels Production by Region, World Markets: 2011-2021
• Company Overall Scores
• Company Scores
• Company Scores on Strategy Criteria
• Company Scores on Execution Criteria

The clean energy industry continues to be dynamic and evolving. Issues related to the environment and energy elicit strong emotions, and public sentiment varies greatly based on the topic and concept being discussed. In addition to impacting policy, consumer opinion remains a component of the broader debate about the pros and cons of various paths toward a clean energy future, and will be key to the proliferation of these technologies into the mass market.

To gain a better understanding of consumer awareness and attitudes about a variety of key issues, Pike Research conducted a survey of more than 1,000 U.S. adults, asking respondents to provide their level of awareness for key concepts as well as rating their level of support for each. The survey asked consumers to respond with their impressions of the following energy and environmental concepts:

This Pike Research white paper presents all of the survey responses as a basis for comparing consumer views of 13 energy and environmental topics to one another. In addition to favorable and unfavorable opinions, the number of respondents unfamiliar with a concept is also considered to compare the level of consumer awareness within each topic. The study includes charts summarizing the survey results, along with commentary on notable trends and patterns for each area.

Key Questions Addressed

• How do consumer impressions vary among various clean energy, clean transportation, smart grid, carbon management and building efficiency concepts?
• Are consumers more in favor of hybrid, electric, or natural gas vehicles?
• How do consumers perceive carbon management concepts?
• How familiar are consumers with LEED certification?
• Which energy & environmental concepts are favored most by consumers?
• Which energy & environmental concepts received the most unfavorable responses?
• Which energy & environmental concepts are the most unfamiliar to consumers?
• How do consumer attitudes toward each of the energy and environmental topics vary by demographic and behavioral traits?

Who needs this report?

• Utilities
• Solar power industry
• Wind power industry
• Coal power industry
• Nuclear power providers
• Vehicle manufacturers
• Smart grid and smart meter companies
• Systems integrators
• Carbon management companies
• Green building certification providers
• Consumer advocacy groups
• Industry associations
• Government agencies
• Investor community

Table of Contents

1.      Executive Summary

1.1   Introduction

1.2   Key Findings

1.3   Comparison to 2009 and 2010 Surveys

1.3.1     Favorable Rating Comparisons

1.3.2     Unfavorable Rating Comparisons

2.      Clean Energy

2.1   Solar Energy

2.2   Wind Energy

2.3   Clean Coal

2.4   Nuclear Power

3.      Clean Transportation

3.1   Hybrid Vehicles

3.2   Biofuels

3.3   Electric Cars

3.4   Natural Gas Cars

4.      Smart Grid

4.1   Smart Grid

4.2   Smart Meters

5.      Carbon Management

5.1   Carbon Offsets/Credits

5.2   Cap and Trade

6.      Building Efficiency

6.1   LEED Certification

7.      Summary and Conclusions

7.1   Clean Energy

7.2   Clean Transportation

7.3   Smart Grid

7.4   Carbon Management

7.5   Building Efficiency

8.      Table of Contents
9.      Table of Charts and Figures
10.      Scope of Study, Survey Methodology

List of Charts and Figures

• Favorable Impressions of Energy and Environmental Concepts
• Unfavorable Impressions of Energy and Environmental Concepts
• Percentage of Respondents Unfamiliar with Energy and Environmental Concepts
• Overall Impressions of Solar Energy
• Favorable Impressions of Solar Energy by Demographic Segment
• Favorable Impressions of Solar Energy by Behavioral Segment
• Overall Impressions of Wind Energy
• Favorable Impressions of Wind Energy by Demographic Segment
• Favorable Impressions of Wind Energy by Behavioral Segment
• Overall Impressions of Clean Coal
• Favorable Impressions of Clean Coal by Demographic Segment
• Favorable Impressions of Clean Coal by Behavioral Segment
• Overall Impressions of Nuclear Power
• Favorable Impressions of Nuclear Power by Demographic Segment
• Favorable Impressions of Nuclear Power by Behavioral Segment
• Overall Impressions of Hybrid Vehicles
• Favorable Impressions of Hybrid Vehicles by Demographic Segment
• Favorable Impressions of Hybrid Vehicles by Behavioral Segment
• Overall Impressions of Biofuels
• Favorable Impressions of Biofuels by Demographic Segment
• Favorable Impressions of Biofuels by Behavioral Segment
• Overall Impressions of Electric Cars
• Favorable Impressions of Electric Cars by Demographic Segment
• Favorable Impressions of Electric Cars by Behavioral Segment
• Overall Impressions of Natural Gas Cars
• Favorable Impressions of Natural Gas Cars by Demographic Segment
• Favorable Impressions of Natural Gas Cars by Behavioral Segment
• Overall Impressions of Smart Grid
• Favorable Impressions of Smart Grid by Demographic Segment
• Favorable Impressions of Smart Grid by Behavioral Segment
• Overall Impressions of Smart Meters
• Favorable Impressions of Smart Meters by Demographic Segment
• Favorable Impressions of Smart Meters by Behavioral Segment
• Overall Impressions of Carbon Offsets/Credits
• Favorable Impressions of Carbon Offsets/Credits by Demographic Segment
• Favorable Impressions of Carbon Offsets/Credits by Behavioral Segment
• Overall Impressions of Cap and Trade
• Favorable Impressions of Cap and Trade by Demographic Segment
• Favorable Impressions of Cap and Trade by Behavioral Segment
• Overall Impressions of LEED Certification
• Favorable Impressions of LEED Certification by Demographic Segment
• Favorable Impressions of LEED Certification by Behavioral Segment

List of Tables

• Favorable Ratings:  2009, 2010, and 2011 Surveys
• Unfavorable Ratings:  2009, 2010, and 2011 Surveys

After a long gestation period, fuel cells have reached the stage where they offer a compelling value proposition for certain selected applications. Now that go-to-market strategies have been identified and are being proven, and fuel cell developers are starting to register significant sales growth, the next set of challenges present themselves. Can these companies sustain these growth rates and become profitable, self-sustaining enterprises? What are the key success factors necessary for the next stage of commercial fuel cell evolution, are they present or absent and to what degree in the leading companies, and the industry at large? And what are the critical constraints, both internal and external, that might inhibit these companies from meeting or sustaining their goals?

Every high-growth industry based on a complex technological product depends upon a robust supply chain to share costs and risks across the industry while providing technical specialization and expertise beyond what any vertically-integrated enterprise could reasonably hope to achieve and sustain. In the case of fuel cells, the supply chain consists of a mix of privately-held companies with fuel cell specific expertise developed to serve this market and divisions of large companies that have repurposed existing capabilities for the same reason.

This Pike Research report focuses on suppliers of the components that make up the fuel cell stack including catalysts, membranes, membrane electrode assemblies (MEAs), gas diffusion layers (GDLs), and bipolar plates (BPPs) for proton exchange membrane (PEM) fuel cells, high temperature PEM (HT-PEM) fuel cells, and direct methanol fuel cells (DMFC). The study includes an evaluation of the market opportunities and key constraints in the fuel cell supply chain, along with an assessment of the key commercial stage companies active in this market. Detailed market size figures and forecasts are included for each component category through 2017, segmented by world region.

Key Questions Addressed:

• What are the current drivers for the development of the fuel cell stack supply chain for industrial electric vehicles, telecom backup, and micro-generation sectors?
• How big is the fuel cell stack supply chain in revenues and number of companies?
• Which regions will be the major centers of manufacturing and adoption over the next five years?
• Who are the suppliers, what is their technology base, and where are they located?
• Is the fuel cell stack supply base capable of supporting the forecast growth for this segment of the industry?
• What are the critical opportunities, threats, and ways forward for the industry?

Who needs this report?

• Fuel cell system developers
• Fuel cell stack developers
• Stack component suppliers
• Industry associations
• Government agencies
• Investor community

Table of Contents

1.      Executive Summary

1.1  New Challenges

1.2  Past Trends and Future Developments

2.      Market Issues

2.1  Introduction

2.2  Drivers for Fuel Cell Adoption

2.2.1    Increase in Energy Demand

2.2.2    Oil Price Volatility

2.2.3    Carbon Emissions

2.2.4    Energy Security and Energy Resilience

2.3  Fuel Cell Stack and Supply Chain

2.4  Revenue PEM Fuel Cell Supply Chain, 2011

3.      Technology Issues

3.1  Background

3.2  Fuel Cell Stack Overview

3.3  Fuel Cell Types under Study

3.3.1    PEM Fuel Cells

3.3.2    High-Temperature PEM Fuel Cells

3.3.3    Direct Methanol Fuel Cells

3.4  Stack Components Functional Breakdown

3.4.1    Membrane

3.4.1.1    Membrane Functional Description

3.4.1.2    Membrane Materials

3.4.1.3    Membrane Manufacturing Processes and Cost

3.4.2    Catalysts

3.4.2.1    Catalyst Functional Description

3.4.2.2    Catalyst Materials

3.4.2.3    Catalyst Manufacturing Processes and Cost

3.4.3    Gas Diffusion Layers

3.4.3.1    GDL Functional Description

3.4.3.2    GDL Materials

3.4.3.3    GDL Manufacturing Processes and Cost

3.4.4    Bipolar Plates

3.4.4.1    BPP Functional Description

3.4.4.2    BPP Materials

3.4.4.3    Manufacturing Processes and Cost

3.4.5    Other Components

3.4.5.1    Gaskets and Seals

3.4.5.2    Humidification and Cooling Plates

3.4.5.3    Current Collectors

3.4.5.4    End Plates and Tension Members

3.4.5.5    Sensors

3.4.5.6    Cost of Other Components

3.4.6    Assembly and Production Technology

3.4.7    Stack Components Cost Breakdown

3.4.8    Comparison between Pike Research and Directed Technologies Fuel Cell Stack Cost

4.      Key Industry Players

4.1  Introduction

4.2  3M

4.3  Acta Energy

4.4  Advent Technologies S.A.

4.5  Asahi Glass Co., Ltd.

4.6  Bac2 Limited

4.7  Ballard Material Products Division

4.8  BASF Fuel Cell

4.9  Bing Energy

4.10  Borit NV

4.11  Cabot Corporation

4.12  CeTech Co., Ltd.

4.13  Dana Holding Corporation

4.14  Danish Power Systems

4.15  DuPont

4.16  Entegris, Inc.

4.17  Freudenberg Fuel Cell Component Technologies

4.18  FuMA-Tech GmbH

4.19  Golden Energy Fuel Cell Co., Ltd.

4.20  Horizon Fuel Cell Technologies

4.21  Johnson Matthey Fuel Cells

4.22  Metro Mold & Design

4.23  Mitsubishi Rayon Co., Ltd.

4.24  Morphic Technologies AB

4.25  N.E. CHEMCAT Corporation

4.26  W.L. Gore & Associates, Inc.

4.27  Wuhan WUT New Energy Co., Ltd.

5.      Market Forecasts

5.1  Overview

5.2  Key Flex Points

5.2.1    New Markets Open up for PEM Fuel Cells

5.2.2    Reduction in CAPEX of Component Manufacturing Equipment

5.2.3    Enactment of Buy Local Policies

5.2.4    Growth of New Countries for Fuel Cell Component Manufacturing

5.3  Fuel Cell Supply Chain Forecasts and Application Projected Growth

5.4  Global Supply Chain: Overview

5.5  Global Supply Chain: Component Revenue Projections

5.6  Global Supply Chain: Regional Revenue Projections

5.7  Analysis and Conclusions

5.7.1    Fuel Cell Supply Chain Outlook

5.7.2    Risk Reduction Scenarios

5.7.2.1    Component Standardization

5.7.2.2    Faster-than-Forecast Cost Reductions

5.7.2.3    Faster-than-Forecast Growth

5.7.2.4    Industry Consolidation

5.7.3    New Entrants

5.7.4    Continued or Expanded Government Support

5.7.5    Increased Investment in the Sector

5.8  Summary

6.      Company Directory
7.      Acronym and Abbreviation List
8.      Table of Contents
9.      Table of Charts and Figures
10.      Scope of Study, Sources and Methodology, Notes, Acknowledgements

List of Charts and Figures

• Geographical Location of Commercial Supply Chain, World Markets: 2011
• Fuel Cell Shipments by Application, World Markets: 2008-2010
• Average Monthly Price per Barrel of Oil FOB, World Markets: 2007-2011
• CO2 Emissions from Fossil Fuel for Energy Generation, World Markets: 1990-2030
• Fuel Cell Supply Chain by Component Manufacture, World Markets: 2011
• Fuel Cell Supply Chain of Companies by Region, World Markets: 2011
• Percentage Breakdown of Supply Chain by Company Location, World Markets: 2011
• Fuel Cell Stack Manufacturing Companies by Region, World Markets: 2011
• Fuel Cell Stack Component Revenue, World Markets: 2011
• Fuel Cell Stack Component Average Supplier Revenue, World Markets: 2011
• PEM Fuel Cell Supply Chain Revenue by Component, World Markets: 2011
• PEM Fuel Cell Supply Chain Revenue by Region, World Markets: 2011
• Platinum Price Trends, World Markets: 2007-2011
• Fuel Cell IEV, UPS, & CHP Unit Shipments, World Markets: 2010-2017
• Fuel Cell IEV, UPS, & CHP Shipments by kW, World Markets: 2010-2017
• Fuel Cell IEV, UPS, & CHP Unit Shipments by Region, World Markets: 2010-2017
• Fuel Cell IEV, UPS, & CHP Shipments by kW and by Region, World Markets: 2010-2017
• Fuel Cell IEV, UPS, & CHP Supply Chain Revenue, World Markets: 2010-2017
• Fuel Cell Stack Component Supplier Revenue, World Markets: 2010-2017
• Revenue Percentage by Component, World Markets: 2017
• Total Supply Chain Revenue by Region, World Markets: 2010-2017
• Supply Chain Revenue by Component, Europe: 2010-2017
• Supply Chain Revenue by Component, Asia Pacific: 2010-2017
• Supply Chain Revenue by Component, North America: 2010-2017
• Fuel Cell Membrane Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Catalyst Supplier Revenue, World Markets: 2010-2017
• Fuel Cell MEA Fabrication Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Gas Diffusion Layer Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Bipolar Plate Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Gaskets, Assembly, and Other Supplier Revenue, World Markets: 2010-2017
• PEM Fuel Cell Stack Components

List of Tables

• Fuel Cell Stack Component Supplier Revenue, World Markets: 2011
• Average Monthly Price per Barrel of Oil FOB, World Markets: 2007-2011
• CO2 Emissions from Fossil Fuel for Energy Generation, IEA Base Scenario, World Markets: 1990-2030
• Fuel Cell Supply Chain, by Component Manufacture, World Markets: 2011
• PEM Commercial Stack Companies by Region, World Markets: 2011
• Fuel Cell Supply Chain Revenue by Region, World Markets: 2011
• Stack Components Cost Breakdown: 2011
• U.S. DOE Automotive and Stationary Fuel Cell 2015 Cost Targets, as of 2011
• Stack Components Cost Breakdown: 2011
• Total Fuel Cell Units by Region, World Markets: 2010-2017
• Total Fuel Cell Units by Application, World Markets: 2010-2017
• Total Fuel Cell kW by Region, World Markets: 2010-2017
• Total Fuel Cell kW by Application, World Markets: 2010-2017
• Fuel Cell $/kW by Application, World Markets: 2010-2017
• Fuel Cell Supply Chain Revenue, World Markets: 2010-2017
• Fuel Cell Stack Component Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Membrane Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Catalyst Supplier Revenue, World Markets: 2010-2017
• Fuel Cell MEA Fabrication Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Gas Diffusion Layer Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Bipolar Plate Supplier Revenue, World Markets: 2010-2017
• Fuel Cell Gaskets, Assembly, and Other Supplier Revenue, World Markets: 2010-2017
• Total Supply Chain Revenue by Region, World Markets: 2010-2017
• Supply Chain Revenue by Component, Europe: 2010-2017
• Supply Chain Revenue by Component, Asia Pacific: 2010-2017
• Supply Chain Revenue by Component, North America: 2010-2017
• Supply Chain Revenue by Component, Rest of World: 2010-2017