The smart energy market and the adoption of “smart” products continue to evolve at a rapid pace. While several factors, such as cost, environmental concerns, local policies etc. impact the rate of acceptance of smart energy, technology is playing a key role in fostering it.
The advantage is that there is a growth in applications both at the larger networked grid-level as well as (and more so) at the level of discrete devices that let the user do simple tasks with an eye on energy efficiency. On the flip side, this means a multitude of standards, specifications and trends are emerging and need to be followed. All-in-all, this is still a relatively new and evolving market with several exciting possibilities.
In order to gain a broader view of the trends emerging in the smart energy market, Mentor Embedded is bringing together a panel of industry experts on smart energy in an online event on Sep 25. I expect this to an engaging discussion as the experts represent diverse areas of the smart grid ecosystem; device manufacturer (Itron), semiconductor hardware provider (Freescale), software enabler (Mentor Embedded) and an industry analyst (ARC Advisory Group). The event is open to the public and you can register here.
At Mentor Embedded, we have been working closely with customers designing products enabling the smart grid network (e.g. smart meters, smart appliances and more). Visit our smart energy industry page to learn more about Mentor Embedded’s solutions for this market.