Making the grid smarter with analytics

With more demands on the energy grid than ever before, the 2012 Grid Analytics Report from the Utility Analytics Institute, a division of Energy Central, provides meaningful intelligence to help utility industry executives manage distribution, optimize management of assets and drive innovation. The exclusive report includes hundreds of key findings, including:

• 47 percent of utility companies have grid analytics initiatives implemented or projected, with 67 percent of those planning to start in the next year.
  
• North American grid analytics spending will grow by 33 percent per year, from $215 million in 2011 to $902 million in 2016.
  
• Approximately 72 percent of grid analytics initiatives focus on grid optimization.

“The Grid Analytics Report provides data and advanced analysis to enable utilities to make smarter, faster decisions and better plan, design, construct, operate and maintain energy transmission and distribution networks,” says Utility Analytics Institute vice president Mike Smith. Developed by the Utility Analytics Institute's team of analysts, the grid analytics market is analyzed in two key areas – asset optimization and grid optimization.

Asset optimization analytics is utilized to maximize grid asset performance and reliability, including transformer and substation management and overall transmission and distribution infrastructure management. Grid optimization analytics drive the optimization of grid operation to minimize power losses while maximizing efficiency and quality, including outage management, predictive modeling, power quality optimization, advanced distribution management and analytics for real-time applications.

The report also includes in-depth interview summaries and analyst notes, solution and service provider summaries, survey information, analyst biographies, and much more. Visit www.utilityanalytics.com for additional information.