The last 12 months have ushered in changes at all levels of the smart utilities marketplace. Some of the issues – such as demand response (DR) and home energy management (HEM) – were on the radar a year ago. Other issues, such as net metering and its impact upon utilities’ business models, were barely considered at the beginning of 2013. Even those topics that have been on the radar for a while look like different markets than they were a year ago. Meanwhile, hardware vendors have continued to innovate at all levels of the grid, using IT capabilities to propose levels of efficiency and reliability previously unattainable. It is becoming increasingly unlikely that Thomas Edison would recognize the electric grid design if he came back today.
Navigant Research has selected 10 key issues that will shape smart utilities investment throughout 2014 and beyond. The wide scope of issues – from fundamental business models to new hardware technologies – reflects the heretofore unseen pace of change now facing utilities:
- AMI networks supporting distribution automation
- Net metering brouhaha escalates and possible solutions emerge
- Smart grid IT spending on the rise
- Utilities’ business models are shifting
- Distributed energy and microgrids begin to affect utilities
- Utilities’ secret weapon in energy efficiency: conservation voltage reduction
- Hybrid HVDC breakers bring innovation and efficiency
- Demand response outside North America will begin to grow
- Smart meter market to expand globally
- Home energy management market will see a steady uptick</p>
This Navigant Research white paper provides insights into these 10 key issues that will shape the smart utilities market in the months and years ahead, with summary forecasts of the smart grid IT, smart metering, and DR markets. Each of the topics in this white paper is examined more deeply in Navigant Research market overview reports.
Key Questions Addressed:
- How has the home energy management (HEM) market begun to change?
- What is changing in the demand response (DR) market?
- How will net metering affect utilities’ business models?
- What is the outlook for smart grid IT investment?
- What are some key new technologies in transmission and distribution?
Who needs this report?
- Smart grid hardware and software vendors
- Service providers and systems integrators
- HEM vendors
- DR system vendors
- Government agencies and policymakers
- Investor community
Table of Contents
1. Executive Summary
1.1 2013: A Year of Change
2. 10 Smart Utilities Trends to Watch
2.1 AMI Networks Supporting Distribution Automation
2.2 Net Metering Brouhaha Escalates and Possible Solutions Emerge
2.3 Smart Grid IT Spending on the Rise
2.4 Utilities’ Business Models Are Shifting
2.5 Distributed Energy and Microgrids Begin to Affect Utilities
2.6 Utilities’ Secret Weapon in Energy Efficiency: Conservation Voltage Reduction
2.7 Hybrid HVDC Breakers Bring Innovation and Efficiency
2.8 Demand Response outside North America Will Begin to Grow
2.9 Smart Meter Market to Expand Globally
2.10 Home Energy Management Market Will See a Steady Uptick
3. Acronym and Abbreviation List
4. Table of Contents
5. Table of Charts and Figures
6. Scope of Study, Sources and Methodology, Notes
List of Charts and Figures
- Smart Meters for DA Applications Installed Base by Region and Percentage of Total Smart Meters, World Markets: 2012-2020
- Smart Grid IT Software and Services Spending by Region, World Markets: 2013-2022
- Total DR Sites by Region, World Markets: 2013-2020
- Smart Meter Penetration Rate of All Electric Meters by Region, World Markets: 2012-2022
- HEM Revenue by Region, World Markets: 2012-2022
- Hybrid DC Breaker Concept
- Multiterminal Operation with and without Circuit Breakers