Newton-Evans Research Co. has released the results of its study, Global CAPEX and O&M Expenditure Outlook for Electric Power T&D Investments: 2013-2014 Funding Outlook for Smart Grid Development, on how utilities are planning to invest their money:
In addition to the results above, 58% of respondents indicated that regulatory mandates were the reason behind planned increases in spending, while only 13% cited government stimulus. Furthermore, 71% of utilities indicated they plan to commence a smart grid project in the next two years, with 59% of those projects involving distribution automation.
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