The Smartgrid market - France

Smartgrids are "intelligent" electricity distribution networks that use information and computing technologies to optimize the production, distribution and consumption of electricity to improve energy efficiency.to optimize the production, distribution and consumption of electricity to improve energy efficiency. Smartgrids can also help reduce greenhouse gas emissions. The global smartgrid market could exceed $200 billion by 2030 Over the past ten years, more than 5 billion euros have been invested in around 300 smartgrid projects in Europe. The smart meter segment is experiencing particularly strong growth, with 4 billion euros dedicated to their deployment over the last ten years. New devices are multiplying: energy boxes, home automation units, consumption monitoring software, etc. The business models are still uncertain, however. However, business models are still uncertain: nearly 200 million smart meters for electricity and 45 million for gas have been deployed in the EU. In addition, over 90% of French consumers have had a smart meter since 2022. These meters enable energy savings of around 3%. As smartgrids are at the crossroads of various technologies, the market attracts a diverse range of players: electrical equipment manufacturers (ABB, Schneider, etc.) are the best positioned in the market, and information engineering services companies (SSII) also have a card to play.french players are mainly present in electrical equipment, and there are fewer strong players in the ICT sector (software and IT services). Public authorities play a key role in the development of the smartgrid market. The EU is supporting a number of projects, which is providing a strong impetus to the market. Internationally, Sweden and Italy have established themselves as market pioneers.