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January 22, 2013

Perceptions of Smart Grid Up



Zypryme, a reporting and analysis firm that regularly conducts surveys, has recently found that that this month’s Smart Grid Index (SGI) results show that overall Smart Grid sentiment rose four-percent points.

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According to the report, “Over the next 12 months, forty-one percent of respondents indicated that North America represented the best opportunity for utility related information and communication technologies (ICTs).”

The Smart Grid Index Results (January 2013) found:

· Overall Sentiment: 67 percent currently have a positive view of the Smart Grid, a one-percent point increase from last month.

· Expected Utility Investments: 31 percent expect utility Smart Grid related investments to significantly increase over the next 12 months, a one-percent increase from last month.

· Current Sales/Expenditures: 58 percent said their Smart Grid related sales or expenditures have increased over the last 12 months, a three-percent point decrease from last month.

· Expected Sales/Expenditures: 66 percent expect their Smart Grid related sales or expenditures to increase over the next 12 months, a one-percent point decrease from last month.

· Hiring: 51 percent expect the number of staff in Smart Grid related roles to increase over the next 12 months, a three-percent point decrease from last month.

· Deals Closed: 46 percentage of vendor respondents said they closed new Smart Grid related deals last month, a one-percent point increase from last month.

· New Proposals: 61 percent of utility respondents plan to submit new Smart Grid proposals for budget approval over the next 12 months, a 12-percent point decrease from last month.

Perceptions about the Smart Grid remain positive because promises from the industry focus providing benefits to consumers, in terms of costs in electricity and a cleaner environment. Likewise, Demand Response companies also tour the Smart Grid benefits to the market, and while many of them are plausible and do-able, a truly efficient grid is a long way off from fruition until significant investments are made to the current foundational energy infrastructure.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Miami 2013, Jan 29- Feb. 1 in Miami, Florida.  Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.




Edited by Brooke Neuman
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