Transmission & Distribution World and Black & Veatch have released the results of a global survey to measure how electric utilities are progressing with smart grid initiatives. Managers of utility grids completed the online survey in April 2010. About 80% of survey respondents are pursuing the implementation of smart grid initiatives, with reliability being the No. 1 reason and operations costs savings coming in as a close second.
About 23% of respondents indicated that they planned to spend US$5 million to $10 million on the deployments, with 21% noting $1 million to $5 million. Advanced metering infrastructure was the top choice for the smart grid systems the utilities planned to deploy (79%). Distribution automation and load control and monitoring were also high on the list.
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