Sentient Energy Named Leading Distribution Grid Sensing and Measurement Solutions Vendor
Market growth fueled by ongoing transition to a digital and decentralized grid
A new report from Guidehouse Insights assesses the market for the distribution grid sensing and measurement space.
Utilities are becoming more sophisticated in their ability to leverage the data collected by distribution grid sensors, deploying advanced distribution management systems (ADMS) and other powerful analytics solutions. According to a Leaderboard report from Guidehouse Insights, Sentient Energy is the leading distribution grid sensing and measurement solutions vendor.
“The market for advanced distribution grid sensing and measurement solutions is reaching an inflection point, spurred by accelerating deployment of distributed energy resources (DER), particularly behind the meter, growing resiliency demands on the part of regulatory bodies worldwide, and increased instances of devastating storm and wildfire events,” says Richelle Elberg, principal research analyst with Guidehouse Insights. “While visibility into the distribution grid has historically been low relative to the transmission grid, the stage is set for accelerated demand for advanced distribution grid sensing and measurement solutions.”
Several market drivers are propelling the adoption of distribution sensing and measurement globally. Largely, this growth is fueled by the ongoing transition to a digital and decentralized grid. Mounting DER penetration is another key market driver. In areas where EV or PV solar penetration is growing, utilities must understand the changing load profiles on those feeders. A high degree of overnight EV charging or a concentrated area of rooftop solar panels can drastically alter the timing and scale of a utility’s energy demand versus what it may have experienced over many decades of relatively stable load growth, according to the report.
The report, Guidehouse Insights Leaderboard: Advanced Distribution Grid Sensing and Measurement Vendors, assesses the competitive landscape for advanced distribution grid sensing and measurement solutions providers, and how well different companies are positioned to address customer needs. This report is intended to help market participants better understand their competitors’ solution offerings, differentiation, and track record in deploying advanced distribution grid sensors and supporting analytics. The report includes profiles of 12 advanced distribution grid sensing and measurement vendors and ranks them according to Strategy and Execution scores. An executive summary of the report is available for free download on the Guidehouse Insights website.
*The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: Advanced Distribution Grid Sensing and Measurement Vendors, summary and reflects the current expectations of Guidehouse Insights 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 Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.