Sept 30 (Reuters) - From providing transmission interconnections to installing and managing meters, Europe’s major industrial firms have a plethora of ways of selling into the continent’s growing smart grid sector. [ID:nLDE68M1CN]
Here is a summary of how some of Europe’s largest capital goods companies can tap into the smart grid market:
SCHNEIDER ELECTRIC SA (SCHN.PA)
Together with French peer Alstom (ALSO.PA), Schneider in June completed the acquisition of Areva T&D, the transmission and distribution businesses of Areva CEPFi.PA, boosting its position in the smart grid market.
Schneider sells into the smart grid energy management market by providing distribution management, demand response and meter infrastructure, which includes switchboards and protections relays, as well as offering communication and IT solutions.
Schneider is also involved in pilots to develop charging stations for electric vehicles, while its buildings division is active in energy efficiency solutions applicable to smart grids. Overall, 59 percent of Schneider’s sales are smart-grid related.
Traditionally strong in grid infrastructure, the Swiss engineering group has also been looking to widen its portfolio, acquiring U.S. software company Ventyx and investing in U.S. communications network firm Trilliant TTXP.OB.
Among ABB’s offerings are flexible transmission systems, high-voltage solutions, network management tools, distribution equipment and automation systems to integrate renewable energy sources into the grid.
ABB is also involved in several smart grid pilots across the globe, including in Germany and India. Some 55 percent of ABB’s revenue is related to smart grids, with Europe, Middle East and Africa making up more than half its sales.
SIEMENS AG (SIEGn.DE)
The German conglomerate is a market leader in energy automation systems but has also enhanced its smart metering offering following the acquisition of German IT services provider Energy4U in August 2009.
Its offerings include high-voltage power transmission, current compensation systems for alternating-current grids, turnkey installations such as substations and distribution and power transformers and IT products for utilities.
Siemens also specialises in so-called grid intelligence, with offerings such as power flow control, energy and congestion management and grid monitoring. The company makes 12 percent of its revenue through the smart grid sector.
Sources: Company websites, Goldman Sachs Research
Reporting by Greg Roumeliotis; Editing by David Holmes