Smart Grid Research Consortium releases scorecards for smart grids

Last week, the Smart Grid Research Consortium, an independent research Consortium open to electric cooperatives, municipal and other public utilities, released a scorecard for utilities to evaluate their smart grid investment and planning process.  

The objective of the scorecard is to assist utilities in evaluating their current smart grid investment analysis and planning process, according to the Consortium.  The ideal investment/planning framework, reflected by a score of 100, is capable of identifying specific technologies and programs that best meet utility financial requirements while considering unique infrastructure and customer characteristics, says the Consortium. 

For utilities who have not yet started the smart grid investment process, the scorecard provides guidance on issues to consider when developing in-house investment analysis/planning capabilities or when engaging consultants.  

According to the Consortium, it has developed and implemented the Smart Grid Investment Model at fifteen utilities since 2010 to apply the evaluations process.

"This is the first benchmarking system to assist utilities in evaluating their approaches to this complex investment problem,” says Jerry Jackson, leader and research director of the Smart Grid Research Consortium.

Smart Grid IQ scores are compiled in six categories including: AMI/DA Investment/Planning Scope, Customer Engagement Investment/Planning Scope, Other Financial Items, Utility Customer Detail, Investment Analysis Quantitative Framework, and Ease of Use/User Interface/ Results Presentation.

ArticleTools

Featured Reports

Geo IoT Outlook: Technologies, Services, Applications

Geo IoT is anticipated to move well beyond simply the ability to determine proximity for commerce and various retail applications. Longer term, presence detection and location determination will be a critical aspect of IoT privacy, security, and preference management for both consumer and industrial applications. 
Buy now

 

DAS Market Analysis and Forecasts 2016 - 2021

Analysis of the DAS market, including carrier WiFi, small cells, and SON, and the leading companies in the DAS ecosystem and their solutions.  The report also includes evaluation of market drivers, challenges, and provides forecasts for 2016 to 2021.
Buy now

 

NextGen Network OSS/BSS Forecast 2016 - 2021

Comprehensive coverage of NGN OSS/BSS including opportunities within Big Data and IoT, analysis of the drivers and issues related to the technical and business aspects of OSS/BSS, deployments and operations issues, and quantitative analysis with forecasts for anticipated growth through 2021.
Buy now