Grid Security, Distribution Automation, and Demand Response to Take More Prominent Role in Smart Grid Deployments in 2011

Oct 28, 2010 7:30 PM
Business Wire

In the past few years, the electric utility industry has experienced a momentous season. The business of electricity generation, transmission, distribution, and consumption has been thrust to the forefront of public discourse – as both a villain and a savior – in the fight against climate change and the struggle for energy independence and security, among other global priorities.

The “smart grid,” the integration of new embedded computing and communications technologies into the fabric of the power network, is widely seen as the means to adapting the electrical infrastructure to meet these global needs. A new white paper from Pike Research identifies 10 key trends that are driving the sweeping changes currently underway in technology, business, policy, and even consumer behavior.

“The electrical power grid is in the midst of a dramatic transformation,” says senior analyst Bob Gohn. “As utilities, vendors, and other key stakeholders gain more real-world deployment experience, the reality of the smart grid is coming into focus, too slowly for some, but at a faster pace than typically seen in this industry. Existing players are transforming, new players are entering, and consumers are awakening.”

Gohn said that the months ahead should witness the maturation of the smart grid as all the trials, mandates, and pilots move toward production deployment. Pike Research has identified dozens of trends that bear watching and scrutiny.

A few of Pike Research’s smart grid industry predictions include the following:

Security will become the top smart grid concern
Distribution Automation will rival AMI as the most visible smart grid application
The “Bakersfield Effect” will continue, but some consumers will actually LIKE the smart grid
Smart meter and AMI focus will shift toward Europe and China
The “Year of the HAN” will not arrive… yet
The Demand Response business transformation will accelerate
The ARRA smart grid “stimulus” will finally have a positive impact
The standards “horse” will begin to catch the deployment “cart”
Data management will be the next bottleneck to smart grid benefits
Existing data and telecom vendors will get serious about the smart grid

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