PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1095878
PUBLISHER: Guidehouse Insights | PRODUCT CODE: 1095878
The Energy Cloud transformation is expected to enable a two-way grid that is networked, distributed, clean, and intelligent. In this scenario, the electric grid no longer operates as a centralized system with unidirectional power flow; instead, it becomes a highly dynamic and digitalized energy ecosystem with customers at its center. To operate effectively, the grid must have accurate and real time sensing and measurement.
As this transition to a bidirectional, decentralized grid occurs, utilities around the world will be upgrading their automation and monitoring capabilities across transmission and distribution. This will happen in all regions and for all utilities-including investor-owned, municipal, vertically integrated, and distribution system operators.
This Guidehouse Insights report addresses how transmission and distribution sensing and measurement (TDSM) are crucial for creating a more balanced and technologically responsive electric grid. As the cost of TDSM technology decreases and becomes more accessible to utilities globally, more and more utilities will gravitate toward deploying them. They will become essential as increasingly DER resources are integrated onto a single grid system. These systems can effectively monitor T&D systems remotely, using AI. Additionally, as costs decrease for integrated technologies, more expensive, less integrated solutions such as PMUs will experience a global decline. This report breaks down regional TDSM growth and technological development and includes forecasts for the ten-year period 2022-2031.