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[NEW STUDY] Utilities Positive About the Smart Grid, Zpryme Reports

2012-12-16 Print
 

Zpryme Smart Grid Index December results, overall sentiment among utilities increased by seven percentage points.

FOR IMMEDIATE RELEASE / PRURGENT

Austin, TX - (Zpryme) – 12/17/12 – This month’s Smart Grid Index (SGI) results show that overall Smart Grid sentiment decreased slightly in December. However, sentiment among utilities increased by seven percentage points. Almost half of the vendors surveyed closed a new deal last month, while 73% of utilities expect to submit new Smart Grid proposals for budget approval over the next 12 months. Over the next 12 months, utilities indicated that their top four areas of investment will be in distribution automation (25%), AMI (21%), advanced transmission systems (17%), and customer systems (17%). Last, 51% of respondents believed that the re-election of U.S. President Barack Obama will have a positive impact on the future potential of the Smart Grid.

This study was conducted by Zpryme and FierceSmartGrid by surveying 276 Smart Grid executives from December 3rd to December 13th of 2012. The survey was conducted online. Please note that percentages may not add up to 100 due to rounding. Three groups were used to inspect for differences: vendors (61% of sample), utilities (14% of sample), and total sample. The data are presented in figures 1 through 10 in this report.

Download the Smart Grid Index (SGI) for December 2012 at: www.smartgridresearch.org.

Smart Grid Index Results (December 2012):

Overall Sentiment
66% currently have a positive view of the Smart Grid, a 5 percentage point decrease from last month.

Expected Utility Investments
30% expect utility Smart Grid related investments to significantly increase over the next 12 months, a 1 percentage point decrease from last month.

Current Sales/Expenditures
61% said their Smart Grid related sales or expenditures have increased over the last 12 months, a 1 percentage point increase from last month.

Expected Sales/Expenditures
67% expect their Smart Grid related sales or expenditures to increase over the next 12 months, a 4 percentage point decrease from last month.

Hiring
54% expect the number of staff in Smart Grid related roles to increase over the next 12 months, a 2 percentage point decrease from last month.

Deals Closed
45% of vendor respondents said they closed new Smart Grid related deals last month. There was no change in this metric in December.

New Proposals
73% of utility respondents plan to submit new Smart Grid proposals for budget approval over the next 12 months, a 2 percentage point decrease from last month.

About Zpryme Smart Grid Insights Practice:

Zpryme-powered Smart Grid Insight Practice (link) and Smart Grid Insights Advisory Board (link) help organizations understand their business environment, engage consumers, inspire innovation, and take action. These practices represent an evolution beyond traditional market research and consulting: combining sound fundamentals, innovative tools and methodologies, industry experience, and creative marketing savvy to supercharge clients’ success. At Zpryme, we don’t produce tables and charts; we deliver opportunity-focused, actionable insight that is both engaging and easy-to-digest. For more information, visit: www.zpryme.com.

About FierceSmartGrid:

Written with a focus on industry CTOs and technical infrastructure decision-makers, FierceSmartGrid covers the latest business and technology news surrounding network intelligence, home networking, smart meters, and other key issues pertinent to the efficient delivery of economic, reliable, and sustainable energy services.

In addition to a free weekly email newsletter to keep up with this evolving marketplace, thousands of energy and telecom industry insiders who already subscribe to FierceSmartGrid also receive access to unique special reports, eBooks, webinars, events, and whitepapers. Join FierceSmartGrid today to get an edge in the energy delivery industry.

Zpryme Contact:

smart.grid@zpryme.com
+1 888.977.9631
www.zpryme.com
www.smartgridresearch.org (Zpryme Smart Grid Insights)

Follow Zpryme on: Twitter | Facebook | Linkedin

FierceSmartGrid Contact:

editors@fiercesmartgrid.com
www.fiercesmartgrid.com

 
Contact Info
Zpryme Research & Consulting
100 Congress
Suite 2000
Austin, Texas 78701

Phone: +1 888.977.9631

Website: http://www.smartgridresearch.org