Even though many U.S. consumers are in the dark when it comes to knowledge about smart grid innovations, those who are enlightened about the technology’s capabilities are ready to upgrade—especially when their lights are out.
Accenture (NYSE: ACN) has launched the Accenture Intelligent Network Data Enterprise, a data management platform to help utilities design, deploy and manage smart grids.
Emerging smart grid technology will place important new tools for cutting electricity costs and consumption in the hands of electrical utilities and their customers. It will also, however, significantly increase customer care requirements as newly-educated and curious customers call their provider with an increasing number of questions.
Today Pike Research announced the launch of its new Smart Grid Advisory Service, a subscription-based information tool that provides market intelligence and strategy insights for companies in the rapidly evolving energy technology sector. The service covers grid automation, smart metering, and energy management applications that are defining the next generation of the electrical grid.
Ubiquitous electricity has served as the foundation for numerous technological innovations in the modern world, but the electrical grid itself is based on decades-old technology and has suffered from low levels of investment for many years. Now, however, governments and industry leaders are coming together with newfound urgency to drive an overhaul of grid infrastructure and according to a new report from Pike Research, these efforts will yield cumulative global spending of $200 billion on Smart Grid technologies during the period from 2008 to 2015.
KEMA is offering insight on and solutions for keeping smart projects on track in the post-stimulus award era. The US is at a point of historic transformation of the electric grid infrastructure. Implementing the smart grid on a national scale poses significant challenges—and opportunities—both for projects selected for a US Department of Energy (DOE) Smart Grid Investment Grant (SGIG), and for those moving ahead with projects without grant funding.
We're getting mixed signals about the vitality of the smart grid market. On the one hand, the recent DistribuTECH conference was one of the most successful ever. On the other, a well-known Wall Street analyst recently told his clients that the smart metering sector is "facing several headwinds," including weak regulatory support in the U.S. and delays in European adoption. Taking the pulse of the smart grid industry is this week's Tuesday Topic.