Smart grid communications node shipments set to surpass 133m by 2018
The volume of shipments will decline slightly in 2019-2020, concludes Navigant in the company’s new report entitled ‘Smart Grid Networking and Communications’.
Spending on communications for smart grid deployments is accelerating as utilities demand more robust networks that can be leveraged for a growing range of applications. Vendors and service providers have responded by improving the suitability of their communications platforms for a variety of applications – not only smart meters, but also for enhanced distribution automation applications.
“Managing the buildout, security, and optimization of the communications network for the smart grid represents one of the great challenges and opportunities in the power sector today,” said Richelle Elberg, senior research analyst with Navigant Research. “The industry has made significant strides in just a few years; accordingly, many of the expectations and assumptions from as little as two or three years ago have shifted dramatically.”
Previously, many smart grid communications devices were part of specialized, proprietary systems. Over the past 18 months, however, vendors have recognized the value in supporting standards-based technologies. This has resulted, according to the report, in unprecedented activity and cooperation among many stakeholders.
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