France Demand Response Management Systems Market - Growth, Trends, and Forecasts (2020-2025)

The France demand response management system market is witnessing significant growth with CAGR greater than 4.2%. Demand response system (DRS) is for end-use customers for reducing their use of electricity in response to power grid needs, economic signals from a competitive wholesale market, or special retail rates. Most of the demand response action today is in the commercial and industrial sectors. Moreover, technology giants of the respective countries are leading the market space, with smaller companies supporting them with constant innovations and smarter software products. The scenario acts as a driver for the adoption of demand response management systems for utilities and customers. However, privacy concerns regarding the consumers as there is a threat of hacking or extracting data related to the end-users are expected to hinder the growth of the market studied.

• The France demand response management system is expected to witness significant growth during the forecast period owing to the increasing deployment of smart grids across the globe with the advancement in automated demand response system & software technology.
• The integration of smart technologies in the existing grid structure is expected to create an ample amount of opportunities for the market players in the coming years.
• Demand-response services are still relatively new and in the development phase in the electricity market, but their importance is only expected to grow as power grids come under increasing strain from intermittent renewable energy sources. The need for efficient energy management systems is likely to drive the market during the forecast period.

Key Market Trends

Automated Demand Response System Likely To Drive The Market

• Industrial demand response is a dynamic energy infrastructure management program designed to support the stability of the electricity grid, and meet the global growing demand for energy with the assistance of large and very large energy users in both the industrial and commercial sectors who agree to switch off certain production processes or turn down certain electrical loads during periods of peak demand.
• In 2018, France's power consumption was approximately stable for the sixth year in a row at 518 TWh but French electricity generation saw its biggest increase in ten years, up 3.7 percent at 549 terawatt hour (TWh) compared with 2017.
• The French government wants to minimize the consumption by deploying a DRMS aggregator. Currently, France is one of the biggest operators of DRMS aggregator which uses the Internet of Things to manage industrial and commercial load as well as distributed energy resources.
• Moreover, demand-side management is the need of the hour for any grid. With a rise in smart grid technologies and automated demand response system, DRMS is a key demand-side management strategy that is expected to provide a cost-effective alternative to traditional supply-side solutions, to address growing electricity demand during times of peak load or when prices are high.
• As of 2018, many projects in France are using DRMS such as water treatment plants, manufacturing industry, etc. currently, France is using Actility in his pumping stations and water treatment plants. In these facilities, Actility controls remotely the electrical devices and operates them in order to minimize the cost of electricity while ensuring operational limits. This, in turn, likely to propel DRMS in France
• Therefore, the France demand response management system is expected to grow because of the ability of automated demand response to the greatest control on the electricity consumption, allowing customers to automatically manage energy consumption at times of peak demand.

Growing Power Grid Due to Renewable Power Demand

• The France electric energy system is currently undergoing a major transformation and will most likely continue to do so until 2050. According to France's government goals, by 2040, the contribution of renewable energy sources shall have a share of 80% in the electric energy mix.
• France reached 23.6 GW in 2018 through the wind and solar farms, majorly from wind energy. Most of the generated electricity is connected to the main power grid of France, while some projects are under process.
• The increasing share of renewable energies in electricity generation is within the scope of the energy transition and will lead to a more volatile generation of electricity. More flexible energy demand could contribute to handling the resulting challenges in electricity grid management.
• Moreover, supermarkets, hotels, and office buildings can be found in regions throughout France which are the most promising subsectors of the service sector regarding demand response potential since they have a high stock in flexible cooling appliances, air conditioning, and ventilation.
• This, in turn, growth in power generation from renewable energy and profit associate from ADRMS is likely to drive the France demand response management system during the forecast period.

Competitive Landscape

The France demand response system market is moderately fragmented due to many companies operating in the industry. The key players in this market include Schneider Electric, Inc., Siemens AG, Centrica plc, Eaton Corporation PLC, Enex Inc, and others.

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