Tracking Energy Integration 2020

More efforts needed
Energy Integration

Smart grids

More efforts needed

Investment in smart grids by technology area, 2014-2019

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Tracking progress 2020

Despite a 7% year-on-year reduction in overall expenditures, grids became further decentralised and digitalised in 2019. Utilities around the world deployed more sophisticated technologies, including artificial intelligence and digital twinning. US regulators appear to be advancing towards performance-based regulation, and the European Commission launched the Clean Energy Package, which includes a number of measures to help grid operators deploy smarter technology. Nevertheless, more efforts are required to implement regulations and policy frameworks that reward the benefits of digitalising electricity networks.