Electric power utilities plan to expand their investments on smart grid technologies and transmission infrastructure, according to a study of capital expenditures conducted by Newton-Evans Research Co.
Early findings from utilities in 24 countries that have already participated in the study indicate that 43 percent of utilities plan to increase their capital expenditures for 2013 on EMS/SCADA/OMS.
Seventy-one percent of responding utilities have mentioned that they plan to start a new smart grid project in the upcoming two years, and 59 percent of those projects will include some form of distribution automation.
More than half (55 percent) plan to increase spending on transmission infrastructure. About 63 percent say their plans for AMR/AMI spending are unchanged since 2012.
More than one-half of the utilities (58 percent) said regulatory mandates are the reason for capital expenditure increases for 2013. Only 13 percent cited government stimulus as a reason for increases in 2013 capital expenditures.