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Smart grid emerging from infancy

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Smart grid development is emerging from its infancy with a projected smart grid core and enabled technology market increase to $220 billion by 2020, according to research from Zyprme. This is occuring as global utilities invest in the smart grid to address the escalating demand for reliable power, renewable energy integration, and greater energy-efficiency.

The next stage is a transition from pilot or project mode to a full or large scale deployment phase. For the majority of utilities, this means large scale AMI deployments. Some utilities that are deeper into their smart grid deployments will be focusing on advanced distribution and transmission system technologies.

According to Jason Rodriguez, Zpryme CEO and director of research, these emerging applications include advanced distribution management systems, outage management systems, customer systems, and enterprise level software, architecture, and communications.

"We see cloud delivered applications (analytics, billing, mobile workforce management, load balancing and forecasting, customer management, etc.) growing rapidly in 2013," said Rodriguez. "Third-party delivered services such as smart-grid-as-a-service, energy-management-as-a-service, and distributed-generation-as-a-service are a few other high-growth areas that will pick-up traction in 2013."

For more:
- access the report

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