Zpryme smart grid report details future of distribution networks
SUBNET Solutions Inc | Friday, May 25, 2012
As a part of ConnectivityWeek, Zpryme released its "Energy 2.0: Smart Grid Roadmap, 2012 - 2022," which provides a general framework for the technology innovations and progress that energy transmission companies can expect in the coming years.
The report reveals that although smart grid deployments have begun all over the country, the bulk of smart grid projects are only now entering into the installation phase, which poses a great opportunity for companies to see returns on investments in the next five to 10 years.
"The next five years will be the make-or-break years for entrepreneurs and tech vendors as their equipment, software and systems are expected to yield positive ROI for utilities," said Jason Rodriguez, president of Zpryme Research.
The report breaks smart grid installations down into a timeline separated into three sections. In the first, 2007-2012, utilities began the planning, pilots, design, research and installation period for smart grid and energy. Between 2012 and 2017, utilities will largely increase their testing, installation, validation and verification of smart grid technologies.
In the final period, from 2017 to 2022, companies will begin an era of grid optimization and advanced technology integration. In this stage, utilities will begin to see the many benefits the smart grid has to offer, and they will have maximized asset utilization, advanced monitoring and other smart grid features.
"We’re also on the cusp of seeing real growth for the software and IT side of Smart Grid, which could largely be defined as Energy 2.0," Rodriguez said.
In the next five years, the integration of the smart grid and information/communication technology will shift from pilot and beta phases to an introductory stage.
"The time for IT and software investment is now," said Anto Budiardjo, President of Clasma Events, which helped Zpryme with the report. "This is the reason for unveiling the report at ConnectivityWeek, where we’ll have market-defining players and forces for Energy 2.0."
According to Rodriguez, the report will help companies prepare for the next phase of smart grid development.
"The roadmap is designed to align stakeholders’ respective goals, help build consensus, and provide a unified path forward for the development of Smart Grid and Energy 2.0," he said.
SUBNET is well prepared to offer utilities solutions that combine the most advanced substation improvements with current networking and computing technologies, allowing companies to build a smart, more effective energy grid.
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