The Government has offered Australia's three mobile operators, and vividwireless, renewal of their existing spectrum allocated on 15 year licences in the late 90s and early 2000s at set prices, while the Government expects to rake in $3 billion.
According to Bickerstaff, companies will need to develop
strong partnerships with telcos and technology vendors that specialise
in this area, as well as “build new IT focused skill sets into their
workforce.
“The respondents believe the most significant
investment for smart grids will be in ICT applications and
infrastructure to enable and manage the increase in bi-directional data
traffic. Respondents also highlighted an increased necessity for data
storage and control technologies, such as SCADA.
“The energy industry is facing a similar modernisation transition to
what we witnessed in the telecoms sector. Energy companies will undergo
significant transformation, but when they emerge from this transition
period, we are likely to see very different companies, potentially with
new consumer engagement strategies and offerings.”
In other findings, the study showed that Australia’s energy companies
are currently highly focused on collating information and a substantial
number are looking overseas to learn from the successes of
international projects.
Logica says that the respondents viewed Europe as having a closer
alignment to local (Australian) projects and considered Europe to be
currently leading the world in terms of rolling out smart metering,
demand management and distributed generation, with “pilots and projects
underway in Italy, Portugal, Spain, Sweden, France, Canada and the US
all being observed and analysed by respondents.”
Bickerstaff said the study also revealed that as a result of smart
grid adoption the “average lifecycle of up to 30% of an electricity
distributor’s assets will shift from 40 years to 5-10 years, which
means technology and investment decision cycles will change
significantly.”
Australian energy companies surveyed for the study included Respondents
of the study included Aurora Energy, Integral Energy, SP AusNet,
Jemena, Powercor-CitiPower, Horizon Power, Western Power,
EnergyAustralia, Ergon Energy, ENERGEX, ETSA Utilities, Eraring Energy,
and Sparq.
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