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Investments in such grid capabilities will help reduce the time spent to restore services in the event of outages during harsh weather conditions. Past interruptions to grid operations due to harsh weather is driving investments in self healing capabilities. However, Market Research Market denies that the distribution segment will take over dominance of the smart grid market. Instead, Market Research Market predicts the smart grid market will grow by 13% over the next five years, with the
Smart meters have proved to be the right solution to help utilities to have real time data regarding the performance of energy networks to be able to match energy supply with demand. Smart meters enable quick detection of meter tampering, a development which is helping utilities to reduce non-revenue expenses
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