Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Smart Grid Spending by Utilities Almost Doubles in 2012
Mar 13, 2013
 Printable format
 Email this Article
 Search

Spending in 2012 reached $23.68 billion by utilities transitioning their networks to Smart Grid capabilities, according to ABI Research.

The research firm said 2012 spending was 48% of Smart Grid spending to-date. Spending in 2012 on transmission and distribution was more than smart meter investments, with utilities looking to improve their core networks and maximize the benefits of increasing Advanced Metering Infrastructure (AMI) deployments.

"Utilities are investing in the rollout of a broad assortment of new applications and spending is driving new services from a wide range of vendors and consultants," says Jonathan Collins, principal analyst at ABI Research. "The complexity of the new hardware, applications, and the expansive array of suppliers vying to deliver services continues to ensure that systems integrators benefit with a significant share of the spending."

Smart grid spending was up 47.1% in 2012, from $16.10 billion in 2011, as remaining government stimulus funds were spent in the United States and utilities around the world increased their own investments.

Still, the research firm called these the "early years of Smart Grid investments," with spending expected to grow in the next five years to reach $80.8 billion in 2018.

Back to Daily News

 

Daily News

...........................................................

Sep 24, 2014: Index points to growth in consumer spending on tech products in remaining months of 2014

Sep 24, 2014: Manufacturing technology orders down in July

Sep 23, 2014: Shipments and placements of new manufactured homes up in July

Sep 23, 2014: Existing-home sales down in August

Sep 23, 2014: FHP motor shipments up big in the first half of 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows