Researchmoz: Australian Smart Energy and M2M Market Report

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Date Submitted: 03/30/2015 01:45 AM

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ResearchMoz.us includes new market research report " Smart Energy and M2M Market in Australia: Global Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

By making the electricity grid ‘intelligent’ and adding telecoms to it, the power will eventually move away from the electricity companies and be directed towards the customers, who will be able to control their energy consumption through sensors, M2M devices, and the internet of things (IoT). Europe and North America are rated as the most advanced adopters of smart grid and smart metering technology, but the market is expected to shift increasingly towards Asia and the developing world.

View report details with TOC at: http://www.researchmoz.us/australia-smart-energy-and-m2m-report.html

‘Smart’ means communication, and since many countries are currently addressing their broadband networks it would be a clever move to roll out fast broadband infrastructure in combination with smart grids and, wherever applicable, other smart infrastructure. In that way, energy efficiency measures can be implemented throughout society and throughout the economy (buildings, transport, cities) with a minimum of extra infrastructure, as a trans-sector approach is based on sharing the infrastructure.

Unfortunately, one of the major obstacles to smart grid uptake continues to be the lack of good government policies. With all the knowledge we now have, it would almost amount to a criminal offence if this generation were to allow vested interests to prevent us from developing trans-sector policies and holistic initiatives to address energy and environmental concerns. We need to break down those silos and force cooperation between the sectors wherever possible.

The past five years have seen confusion, resistance and the lack of a strategic approach towards a holistic policy aimed at creating a smarter energy structure that could reduce energy usage by 30%-40% without...