Here are some of the key findings from the last survey of the World Market for Substation Automation and Integration Programs in Electric Utilities which was conducted in 2011. This study will be updated when research begins in 4th quarter of 2013. The 2011 study sampled roughly 20% of electric utilities worldwide by number of end use customers.
How much is your utility likely to spend on new and retrofit substation automation and integration programs between 2011 and 2013?
A frequency distribution shows that most of the respondents in the sample did not have funds budgeted for one or more years in both categories (retrofit and new). About twenty utilities were spending less than $100,000 in one or more years, and eleven utilities planned to spend over $1 million. A handful of respondents planned to spend between $500,000 and $600,000.
The international sample of utilities outside the U.S. and Canada had a larger proportion of respondents spending over $1 million, however, the international utilities in the sample tend to individually represent much larger, less deregulated infrastructures than U.S. utilities. The sample of international utilities spent an average of $6.5 million per year on new substations with a median of $1.4 million.
To get more excerpts from our research studies, and to receive news and updates about our upcoming research projects like World Market for Substation Automation and Integration Programs in Electric Utilities: 2014-2017, write to info@newton-evans.com with a subject line, “Sign me up!”