North America Demand Response Management Systems Market Analysis & Forecast 2018-2023 – ResearchAndMarkets.com

April 18, 2018

DUBLIN–(BUSINESS WIRE)–The "North
America Demand Response Management Systems Market – Growth, Trends, and
Forecast (2018 – 2023)" report has been added to ResearchAndMarkets.com's
offering.

There has been a large-scale implementation of more renewable projects,
such as rooftop solar panels and small wind turbines, among the
residential customers of the region. Utility companies across the North
American region are also expected to undertake increased demand response
approach during the forecast period to fulfill critical components of
their smart grid initiatives, by rolling out smart meters and automatic
meter reading systems.

In 2016, coal plants in the United States accounted for just 30% of the
total generation output, after remaining a dominant source of power
generation, on an average from 1949 through 2005. In 2016, natural gas
was the leading source of electricity generation (34% of total
generation), reflecting an on-going trend that is reshaping the nation's
generation mix. In 2017, utilities had planned to retire 4.5 gigawatts
of coal or 2% of the United States' coal capacity, in turn, adding 11 GW
of natural gas and 8.5 GW of wind-based generation plants.

With 100% electrification rate achieved decades ago, the focus of the
United States' Department of Energy has not been on the generation of
electricity in recent years. Instead, the power companies are
emphasizing increasing the efficiency and implementation of smart
pricing mechanism through the installation of smart meters. At the end
of 2016, the deployment of smart meters reached approximately 70
million, with the number expected to reach 90 million by 2020. Smart
pricing programs are also increasing across the United States.

Companies Mentioned

  • ABB Ltd
  • Siemens AG
  • Honeywell International Inc.
  • Schneider Electric SE
  • AutoGrid Systems Inc.
  • General Electric Company
  • EnerNOC Inc.
  • Itron Inc.
  • Mitsubishi Electric Corporation
  • NRG Energy Inc.
  • Landis+Gyr Group AG

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value Chain Analysis

6. Industry Attractiveness

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

11. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/mxjm5h/north_america?w=4

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Related
Topics: Utilities

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