In terms of average score, North American utilities continue to lead in smart grid development, European and Asian Pacific utilities however are close behind.
Globally, utilities improved the most in the Green Energy dimension by 7%.
North American utilities have the highest maturity levels in all dimensions except supply reliability. In addition they have seen a huge improvement in Green Energy by 10%.
Asia pacific and European utilities have the greatest improvements in supply reliability (by 7%) and Security (by 10 %) respectively.
Globally 65% of utilities have Solar & Wind energy contributing more than 10% of system demand, an increase of 9% from the previous year.
European utilities have been leading for the past 4 years in this regard, with 83% of them achieving the above.
Moreover, 45% of utilities globally are actively enabling the use of Electric Vehicles, having EV fleets and providing public charging infrastructure. Asia Pacific utilities however are catching up in this area, with 26% of utilities having the aforementioned EV initiatives.
The Smart Grid Index (SGI) is a simple and quantifiable framework that measures smartness of power grids globally, in seven key dimensions. The framework assesses proxies of each dimension using publicly available information. The index guides utilities to build smarter grids and deliver better value to customers. From the benchmarking results, best practices can be identified, and shared among peer utilities to drive smart grid advancement.
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