BOSTON, April 24, 2013 (GLOBE NEWSWIRE) -- Who exactly are the most mature smart grid utilities in North America and how are their respective smart grid technology roadmaps evolving? In the absence of detailed benchmarks and data, the industry's anecdotal evidence does not provide a clear picture, especially when attempting to categorize the billions that utilities will spend on smart grid technologies in the coming years.
In order to make solid conclusions about utility maturity and technology adoption trends, GTM Research is publishing its latest report, The Utility Smart Grid Outlook in North America 2013, which analyzes the utility smart grid deployments of 40 leading North American utilities. The 219-page report combines in-depth and targeted profiles for all 40 utilities analyzed with maturity rankings both overall and within each of the following key segments of utility smart grid adoption:
- Smart Grid Portfolio
- Communication Networks
- Data Management and Analytics
- Enterprise Management and Integration
- Consumer Engagement
FIGURE: TOP 10 UTILITIES IN SMART GRID MATURITY 2013 (http://www.greentechmedia.com/content/images/reports/Top_10_Utilities_in_SG_Maturity.png)
"By identifying and ranking utilities on the five most important components of a successful smart grid plan, it became evident where utilities are struggling and excelling," said Emma Ritch, report author and Senior Analyst at GTM Research. "This report gives utilities across the globe a yardstick by which to set goals and measure the progress of their smart grid deployments, as well as providing vendors with key insights into utility projects to support product development and marketing and sales strategies."
FIGURE: MATURITY OF THE TOP 10 UTILITIES (http://www.greentechmedia.com/content/images/reports/Maturity_of_Top_10_Utilities.png)
As smart grid drivers shift from U.S. stimulus funds to operational efficiencies, utilities are demanding now more than ever that vendors prove a business case to justify smart grid expenditures. To provide vendors with an understanding of the opportunity areas as well as to help utilities with their smart grid roadmaps, the report provides insight into the strategies utilities are employing to improve the efficiency and reliability of energy delivery. By unpacking utility trends and key pain points, as well as detailing current and future plans for deployment and integration of new smart grid technologies, the report provides an inclusive understanding of a complicated market.
For more information on The Utility Smart Grid Outlook 2013 report as well as this year's vendor profiles and rankings, please visit http://www.greentechmedia.com/research/report/utility-smart-grid-outlook-north-america-2013.
About GTM Research:
GTM Research, a division of Greentech Media, provides critical and timely market analysis in the form of research reports, data services, advisory services and strategic consulting. GTM Research's analysis also underpins Greentech Media's webinars and live events. Our coverage spans the green energy industry including solar power, smart grid, energy storage, energy efficiency and wind power sectors.
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Source: Greentech Media