The Northeast Group states: “South America’s potential for smart grid is often overlooked. In the US and Europe where large-scale deployments are well underway, smart grid benefits center on demand reductions, savings in meter reading costs and reliability improvements. In the emerging market context, the benefit case often rests on electricity theft reduction, social and economic development benefits and other region-specific drivers,”
The report also notes that the South America region “exhibits several market conditions attractive for smart grid development compared with other emerging market regions such as Asia. These include per capita energy consumption and non-technical loss (theft) rates higher than Asia, as well as enormous potential for distributed generation. All are key drivers of smart grid, yet South America has lagged behind other emerging markets. This is about to change as governments in the region begin to take action in developing regulatory frameworks to encourage smart grid.”
In Brazil, an aging grid infrastructure and rapidly growing energy demand has prompted the country to establish a smart grid regulatory framework to lay the groundwork for deployments in neighboring countries throughout the decade.
Northeast Group, is a Washington, DC-based research and consulting firm focused on the smart grid market in both developed and developing countries, offering market research reports and client-based consulting services. www.northeast-group.com
Primary and secondary research for the report was completed using English, Spanish and Portuguese sources. To purchase a copy of the report, please email firstname.lastname@example.org.