SP Group launched the world's first smart grid index to help utilities measure and advance in key dimensions of grid development.
Using publicly available data, SP applied the framework on 45 utilities across 30 countries. The published results allow utilities to identify best practices by leading players. This supports industry development in using smart grids to enhance service and save cost.
The Smart Grid Index (SGI) was welcomed and met with strong endorsement from industry experts and stakeholders when previewed at renowned industry platforms such as the International Utility Working Group and the Conference of the Electric Power Supply Industry (CEPSI). The index’s methodology was also validated by the Energy Research Institute @ NTU (ERI@N).
The SGI was designed to be simple and quantifiable for utilities to easily determine what aspects they are strong in and where they can improve. It covers seven key aspects of an electricity grid: supply reliability; monitoring and control; data analytics; integration of Distributed Energy Resources (DER); green energy; security; and customer empowerment and satisfaction.
For more information of the index, visit https://www.spgroup.com.sg/what-we-do/smart-grid-index.