The strategies for engaging electricity markets in Europe are undergoing dramatic shifts; market liberalization and utility unbundling have promoted a wave of mergers and acquisitions, as well as a crop of new electric service providers across the continent. Within these new terms of engagement, the smart grid is emerging as a major focus for regulators and an opportunity for industry players, as Europe aims to optimize its renewables growth and nascent electric vehicle (EV) charging station deployment, as well as to achieve greater efficiency at the consumer level.

By 2016, analysts forecast €6.8 billion per year in smart grid investment in Europe. The market segments receiving the bulk of this investment will be Advanced Metering Infrastructure (AMI), Distribution Automation (DA), EVs and Utility Enterprise (IT systems). Currently, AMI is the most developed segment. Researchers analyze how utilities within each country are negotiating further deployment and triangulating between policy, in-house business cases and the consumer's role to enable industry growth.

This industry-leading analysis on the European smart grid market is a definitive resource for the global smart grid industry. The report offers strategic insight into the key drivers and barriers for growth in the region and examines the latest investment trends, providing a forecast of the market for AMI, DA, EV integration technologies and Utility Enterprise (IT systems). The Smart Grid in Europe, 2012-2016 also analyzes and compares smart grid positioning in Europe with that of utilities in the U.S., Japan and China.

Value-Added Elements:

• Policy, technology and economic drivers / barriers of smart grid deployment, with breakdown of hotspots by smart grid market segment
• Market forecasts for AMI, DA, EV integration technologies and Utility Enterprise (IT systems) through 2016
• Analysis of smart grid business case for utilities, with profiles of utility smart grid strategy and pilot programs
• Comparison of smart grid maturity and implementation between Europe, U.S., China and Japan

Questions for Competitive Decision-making:

• Which national markets provide the greatest opportunity for smart grid technology promoters and developers?
• How is investment in smart grid technology evolving beyond AMI over the next five years?
• Which utilities provide the most promising integration models?
• Are utilities leveraging all the economic and societal benefits of a comprehensive smart grid build-out?
• How are smart grid players navigating European markets, and how does the smart grid roadmap in Europe differ from that of the U.S.?

TABLE OF CONTENTS

1. INTRODUCTION
1.1 Key Findings

2. DISTINCTIVE FEATURES OF THE SMART GRID IN EUROPE
2.1 Smart grid drivers
2.1.1 Environmental considerations, policies and stimulus
funds
2.1.2 The need for energy security
2.1.3 Visions of a European “Supergrid”
2.1.4 Economic drivers
2.1.5 New technologies
2.2 Barriers to smart grid deployment
2.2.1 Policy and Regulation
2.2.2 Market uncertainty and distortions
2.2.3 Technology Barriers
2.2.4 Lack of Consumer Involvement
2.3 Smart grid: Utility and Societal Business Case
2.4 Comparison of EU to other smart grid markets
2.4.1 Regulatory drivers
2.4.2 Market dynamics: Changing business model?
2.4.3 Investment levels
2.4.4 Technology

3. TECHNOLOGY: LEADING SOLUTIONS
3.1 Advanced Metering Solutions
3.1.1 Meter rollouts and suppliers (already deployed)
3.1.2 Planned Rollouts in Spain, France and the U.K.
3.2 Distribution automation
3.3 IT Systems Integration
3.4 Integration of Distributed and Renewable Energy Sources
3.5 Electric Vehicles

4. MARKET FORECAST FOR THE EUROPEAN SMART GRID
4.1 Investment trends
4.1.1 Cleantech VC and M&A
4.1.2 Smart grid VC and M&A
4.2 Market segments forecasts
4.2.1 Advanced Metering Infrastructure
4.2.2 Distribution Automation
4.2.3 IT Systems Integration
4.2.4 DG/RES integration
4.2.5 EV integration

5. TOP EU ELECTRICITY UTILITIES, 2011
1. Electricité De France - France
2. Enel SpA - Italy
3. E.ON AG - Germany
4. GDF Suez SA - France
5. RWE AG - Germany
6. Iberdrola SA - Spain
7. Endesa SA – Spain
8. Centrica - United Kingdom
9. Vattenfall AB - Sweden
10. Energias de Portugal SA (EDP) – Portugal
11. DONG Energy - Denmark
12. FORTUM - Finland

LIST OF FIGURES

1 INTRODUCTION
··European smart grid market forecast, 2012-2016
··European hotspots for smart grid technology 2012-2016
2 DISTINCTIVE FEATURES OF THE SMART GRID IN EUROPE
··Smart grid drivers and barriers
··Drivers and Levels of implementation of smart metering in
European countries
··Renewable energy in final energy consumption in Europe: 2008
status and 2020 target
··Future vision of the European HVDC interconnected Supergrid
··International comparison of reliability indices (2007)
··Electricity rates per KWh for households and industrial customers
in selected European markets
··A now popular slide in many industry presentations: the smart grid
hype cycle
··Utility and societal business cases for full rollout of smart grid
technology in Europe (estimated annual)
··Estimated impact of reduction in consumption on utility and
consumer cash flows
··Average annual electricity bill in selected European markets
··Structure and key figures for European electricity generation,
transmission and distribution
··Regional comparison of smart grid developments
··Cost and potential comparison of different GHG abatement
measures
··Reduction of investment plans by E.ON, Enel, Vattenfall and
Iberdrola (€ billions)
··Field-level communication technologies for smart grids
··Timeline of EC smart grid R&D objectives and policy targets
3 TECHNOLOGY: LEADING SOLUTIONS
··European smart metering hotspots: Meters installed, confirmed
plans and 2020 forecast
··Recent acquisitions and investments in the DA arena
··Focus areas of IT system investment in the European smart grid
··Contribution of renewables to European electricity production,
TWh and %
··PREMIO R&D project overview
··Demonstration sites of the EU’s Green eMotion project
··Barriers to EV rollout
··RWE roadmap for EV integration
··Enel EV charging architecture
4 MARKET FORECAST FOR THE EUROPEAN SMART GRID
··Cleantech VC investments in Europe by category
··Smart grid VC funding, 2008-2011
··Smart grid VC deals in Europe, 2010
··Smart grid M&A deals in Europe, 2010
··Legal, regulatory and implementation status of smart metering in
selected European markets
··Declared AMI deployments and unit costs in Europe
··Cost components of AMI installation
··A : European meter deployment forecast, 2012-2016, B: AMI
investment forecast, 2012-2016
··A : AMI Forecast Calculation, 2012-2016, B : AMI Forecast
Calculation, 2012-2016
··European hotspots for distribution automation, 2012-2016
··Endpoints per secondary substation in Europe
··European DA forecast calculation, 2012-2016
··European distribution automation market forecast, 2012-2016
··IT Systems forecast for Europe, 2012-2016
··European hotspots for DG/RES integration, 2012-2016
··Examples of European EV sales forecasts
··European hotspots for EV integration, 2012-2016
··EV Integration forecast calculation for Europe, 2012-2016
··European EV integration forecast, 2012-2016
5 TOP EU ELECTRICITY UTILITIES, 2011
··Key facts about Europe’s leading electricity utilities
··PREMIO project: Distributed Energy Resources Aggregation and
Management
··Communication infrastructure for Enel’s Energy@Home project
··Enel Smart Grid Roadmap
··E.ON’s Energy Butler architecture
··E-DeMa consortium partners
··PRIME Alliance members
··Vattenfall’s Capital Investment Plans, 2011-2015