Navigant Research Report Shows European Distribution Utilities Expected to Spend $23.9B on Equipment & Services to Automate or Monitor Secondary Substations in Next Decade
January 29, 2019
Drivers include growing availability of smart metering networks at
the grid edge and the rising need for visibility and control due to
distributed generation and electric vehicle proliferation
BOULDER, Colo.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/DNOs?src=hash” target=”_blank”gt;#DNOslt;/agt;–A new report from Navigant
Research analyzes the opportunity for networking equipment and
communications services, as well as for automation and monitoring
equipment, for secondary substations across Europe.
Across much of the continent, various market drivers are prompting
distribution network operators (DNOs) to extend connectivity to
secondary substations. This increased connectivity integrates the
substations into SCADA systems and enables medium and low voltage
(MV/LV) monitoring. In some cases, it also assists integration with
distribution management systems (DMSs) and full-blown automation for
self-healing. Click
to tweet: According to a new report from @NavigantRSRCH,
led by aggressive investments in France, Italy, and Spain, European
distribution utilities are expected to spend $23.9 billion on equipment
and services to automate or monitor their secondary substations over the
next decade.
“As more European utilities face increasingly high distributed
generation (DG) penetration, investment across the region is expected to
grow rapidly later in the forecast period, while spend slows in
countries with major initiatives already underway,” says Richelle
Elberg, principal research analyst with Navigant Research. “In the rest
of Western Europe and in Eastern Europe, the growth in secondary
substation monitoring will be somewhat tied to smart metering
deployments, with considerations for DG and electric vehicle (EV)
penetration as well.”
According to the report, between $2 billion and $2.5 billion will be
spent annually on networking, automation, and monitoring equipment and
communications services across Europe over the next decade. Drivers
include the growing availability of smart metering communications
networks at the grid edge, allowing for economic network extension to
the secondary substations, the rising need for visibility and management
at the edge to accommodate new DG, and growing EV charging demands.
The report, Market
Data: Automation and Monitoring of Secondary Substations in Europe,
examines the opportunity for networking equipment and communications
services, as well as for automation and monitoring equipment, for seven
countries and the rest of Western Europe and Eastern Europe. The seven
countries are the UK, Spain, Germany, France, Italy, the Netherlands,
and Sweden. Forecasts are provided for connected versus unconnected
secondary substations, networking equipment, automation and monitoring
equipment, and communications services (e.g., cellular, satellite, and
digital subscriber line [DSL]). Breakouts for automated, monitored, and
unconnected stations are also provided, as are the networking technology
shares. An Executive Summary of the report is available for free
download on the Navigant
Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of
clean, intelligent, mobile, and distributed energy. Additional
information about Navigant Research can be found at www.navigantresearch.com.
About Navigant
Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.
* The information contained in this press release concerning the
report, Market Data: Automation and Monitoring of Secondary
Substations in Europe, is a summary and reflects Navigant Research’s
current expectations based on market data and trend analysis. Market
predictions and expectations are inherently uncertain and actual results
may differ materially from those contained in this press release or the
report. Please refer to the full report for a complete understanding of
the assumptions underlying the report’s conclusions and the
methodologies used to create the report. Neither Navigant Research nor
Navigant undertakes any obligation to update any of the information
contained in this press release or the report.
Contacts
Navigant Research
Lindsay Funicello-Paul
+1.781.270.8456
lindsay.funicello.paul@navigant.com

