3Q 2022

Analyst Insight: Smart Meter Analytics-Leveraging AMI

Global AMI Tracker Insights

Smart meter analytics have undergone a series of evolutions since the dawn of advanced metering infrastructure (AMI), beginning with rudimentary applications that could leverage low resolution data and static reporting techniques to deliver descriptive insights, such as  “what has happened?” Reporting also included use cases like customer energy usage reporting and segmentation and clustering. The development of more sophisticated algorithms and the proliferation of other grid and energy sensing devices fostered a shift to more predictive models and techniques, such as “what will happen?” These include energy forecasting, proactive alerts and notifications, and asset performance management. The next stage of development uses prescriptive analytics, such as “what should I do?” that focus on assistive problem solving and holistic smart home optimization.

While utilities are at different stages in this evolutionary roadmap, the common trend is movement to more predictive and prescriptive models. This will come more easily as second-generation smart meters begin to get rolled out en masse. The development of next-generation smart meters represents an exciting time for utilities and their customers, as these devices come with more sophisticated computing capabilities and on-board analytics applications that can perform real-time analyses at the edge. From front-of-the-meter (FTM) grid management and optimization capabilities, to enhanced home automation and energy management opportunities behind-the-meter (BTM), the true value proposition that smart meter analytics offer is only now presenting itself.

Pages 17
Tables | Charts | Figures 7
  • What are key advantages of second-generation smart metering?
  • What value stacks can advanced smart metering unlock?
  • How can utilities leverage the new technology for enhanced customer experience?
  • What are the market drivers and barriers to second-generation smart metering?
  • Who are the main next-generation smart meter analytics providers?
  • What sort of enhanced analytics can second-generation smart meters provide?
  • How have smart meter analytics evolved over time?
  • Where can smart meter analytics make an impact across T&D networks?
  • How can smart meters work with EV management and V2H?
  • What is the market forecast for energy analytics spending by application?
  • Utilities
  • Policy makers in the power/energy sector
  • Smart-meter vendors
  • Power market analytics
  • EV vendors
  • Investor community

Introduction

Scope

Market Overview & Evolution

Market Drivers & Barriers

Smart Meter Analytics Providers

Emerging Technologies

Market Forecasts

Key Recommendations

Acronyms and Resources

Contact

  • Unlocking the Value of Second-Generation Smart Meters
  • Energy Analytics Spending by Application, World Markets: 2021-2030
  • U.S. Smart Meter Installed Base Share, 2021
  • U.S. Smart Meter Installed Base Share, 2030
  • Market Drivers and Barriers
  • Grid Smart Meter Analytics
  • Home Energy Management Smart Meter Analytics