European Energy Companies' ICT Investment Insights

European Energy Companies' ICT Investment Insights

Opportunities for ICT Providers in the Energy and Utilities Sector by Country

RELEASE DATE
05-Jun-2013
REGION
Europe
Research Code: 9A68-00-10-00-00
SKU: IT00265-EU-MR_01285
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Description

The demand for IT and communications technology in Europe depends on smart grid plans and innovation. Smart metering is the most prominent smart grid project in Europe—even in countries such as Poland where smart metering is still in a trial stage. Generation companies continue to adapt to meet national or European targets. On the other hand, the investment cycles are such that the distribution system operators are beginning another phase of capital expenditure investments. This will include a greater degree of ICT in distribution automation projects over the next three to four years.

The demand for IT and communications technology in Europe depends on smart grid plans and innovation. Smart metering is the most prominent smart grid project in Europeeven in countries such as Poland where smart metering is still in a trial stage. Generation companies continue to adapt to meet national or European targets. On the other hand, the investment cycles are such that the distribution system operators are beginning another phase of capital expenditure investments. This will include a greater degree of ICT in distribution automation projects over the next three to four years.
More Information
No Index Yes
Podcast No
Author Yiru Zhong
Industries Information Technology
WIP Number 9A68-00-10-00-00
Is Prebook No