BusinessUtilities call for more Government Funding and Pilot projects...

Utilities call for more Government Funding and Pilot projects to drive Smart Utility Development

-

- Advertisment -sslate

Senior professionals at utility companies are calling for more government funding to help drive smart utility development, according to a survey of 250 US utility companies, combined with interviews at DISTRIBUTECH 2023 this month.

Commissioned by Wi-SUN Alliance, a global association of industry leading companies driving the adoption of interoperable wireless solutions for use in smart utilities and smart cities, the survey was designed to test the ‘pulse’ of the utility market at a time when it is undergoing huge transformation and facing a number of major challenges.

While government funding/legislation is seen as ‘very important’ for 70% of respondents, the need for more pilot projects and implementations (75%), and greater co-operation between public and private sectors (72%) is even more important to help drive development and innovation in the sector.

President Joe Biden signed the bipartisan $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) into law on 15 Nov, 2021, setting aside $65bn to support broadband coverage and adoption, $50bn to protect against extreme weather events, and $7.5bn to build a national network of electric vehicle (EV) chargers.

Electric Vehicles

According to Jeffrey Tufts, Global Director of Utility Solutions at Cisco, a Wi-SUN Promoter member: “There is no shortage of government initiatives that don’t come with funding, but when we do see an initiative that comes with funding it accelerates adoption. We saw this back in 2009 with the American Recovery and Reinvestment Act (ARRA) and hope to see it again with the IIJA in the next few years.”

Jeff Scheb, Director of Product Management at Landis+Gyr, also a Wi-SUN Promoter member, adds: “Many utilities are already looking for ideas of what can be done and talking to vendors, but really it’s about getting out there, doing the pilots and working out the kinks. This will help utilities prove the value of what they want to do and build a business case.”

When it comes to the most exciting areas of smart utility development, energy security (79%) is at the top of the list. But as climate-related events like storms, wildfires and floods become more frequent and more damaging, there is a growing need for IoT technology designed for smart buildings and infrastructure (75%), weather and climate (73%) and disaster management (69%) over the next 12 months.

Additional survey findings:

Construction

– In terms of key areas of focus for utilities for smart grid deployments, nearly three-quarters (74%) of respondents believe EV charging will be the biggest focus this year (next 6-11 months). Outage management, advanced metering infrastructure (AMI) and distributed energy resources (DER) are also a priority for utility professionals (71%).

– Proven security and reliability (83%) are ‘very important’ for smart utility networks, together with customer acceptance (75%). Open standards (69%) and multi-vendor interoperability (69%) are also important to help drive smart utility development.

– Around three-quarters (74%) of respondents acknowledge that a hybrid of two or more communications networks technologies – including cellular, power line communication, RF mesh and Wi-Fi – will be very important for future smart utility development.

Phil Beecher, President and CEO, Wi-SUN Alliance, comments:

“The utilities industry has been criticised for being slow to change, but the need to upgrade ageing infrastructure and to adopt new ideas and technologies has never been greater as it faces some of its biggest challenges yet. But with change comes opportunities for smart grid applications and devices that can help solve problems and drive the industry forward.”

Research methodology:

business

Censuswide conducted an online survey of 250+ senior decision makers working in IT, Operations and Production at US utilities in Jan 2023, supplemented by interviews at DISTRIBUTECH, an event for utilities, technology providers, and industry leaders, held in San Diego, California on 7-9 Feb, 2023.

Wi-SUN Alliance is a global non-profit member-based association made up of industry leading companies. Its mission is to drive the global proliferation of interoperable wireless solutions for use in smart cities, smart grids and other Internet of Things (IoT) applications using open global standards from organizations, such as IEEE, IETF, TIA, TTC and ETSI. With 300 members worldwide, membership of the Wi-SUN Alliance is open to all industry stakeholders and includes silicon vendors, product vendors, services providers, utilities, universities, enterprises and municipalities and local government organisations.

Sunshine Slate
Sunshine Slatehttps://www.sunshineslate.com
Sunshine Slate is your news, entertainment, music fashion website. We provide you with the latest breaking news and videos straight from the United States of America.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

From Arrest to Release: The Role of Bail Bonds in the Justice System

The judicial ecosystem comprises various components that work together to afford individuals their constitutional rights

The Balanced Approach to Considering an Uncontested Divorce

An approach such as an uncontested divorce angle can provide a semblance of peace in this otherwise tumultuous process.

Thriving After Divorce: A Guide to Successful Co-Parenting and Child Custody

Co-parenting is a shared endeavor that requires both parents to actively participate in raising their children despite a divorce or separation

A Guide to Co-Parenting and Shared Custody After Divorce

Co-parenting emerges as a strategy wherein both parents actively participate in raising their children, irrespective of the marriage's dissolution.
- Advertisement -

The Significant Role Of Lithium-Ion Capacitors In Today’s Electronics Market

Among the myriad components driving these devices, lithium-ion capacitors stand out as pivotal contributors.

Best Apps and Games for your New Mobile Phone

We can install any app from the google play store very quickly. Let’s take a look at some most amazing apps for android mobile phones.
edealo.com
- Advertisement -sslate
transformerscon

Must read

Best Apps and Games for your New Mobile Phone

We can install any app from the google play store very quickly. Let’s take a look at some most amazing apps for android mobile phones.

A Fresh Look at the Contemporary Trends Redefining Tiny Homes

Tiny homes have always stood but never more so than in modern design trends. Present-day tiny homes bank on eco-friendly solutions.
- Advertisement -
- Advertisement -sslate

You might also likeRELATED
Recommended to you