Microsoft Survey on Smart Grid Progress

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Microsoft Survey on Smart Grid Progress

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At CERA Week this week in Houston, Microsoft released a new survey that suggests only 8 percent of utilities around the world have completed their smart grid technology implementations while 37 percent have projects underway and more than half haven’t yet started. Surveying 200 professionals within electric, gas and water utilities and related companies around the world, the findings highlight a range of challenges — from financial and regulatory to technology and return on investment — for utilities already unsure of the right path to building the smart grid.

Here’s a quote by Jon Arnold, managing director for the Worldwide Power & Utilities Industry at Microsoft, from a press release issued today about the study:

“As this study clearly shows, the disruptive nature of the smart grid revolution, and the innovations it brings, has caught many in the industry by surprise, including many utilities that already have embraced smart grid technologies. Some incorrectly assert that the utility industry is unwilling to change, but the survey shows the opposite. It’s the magnitude of change to everything from business models to systems that’s overwhelming, especially given utilities’ existing asset and technology investments combined with the need to ensure profitability and reliability.”

For more on the survey, also visit the Microsoft Power and Utilities blog.

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