This study aims to explain and analyze the styles of technology development and acquisition for Wide-Area Monitoring Systems (WAMS) in power systems. Considering the increasing complexity of power networks, the growth of electrical loads, and the necessity to enhance reliability and stability, the adoption of advanced monitoring and control technologies—particularly Phasor Measurement Units (PMUs)—has become a strategic necessity in the electric power industry. In this research, through a comprehensive review of recognized models for technology acquisition methods, including those proposed by Magañtz, Roberts and Berry, Ford, Chiesa and Manzini, Gilbert, and Arasti, the criteria and factors influencing the selection of appropriate modes for technology transfer and development were identified and classified. Subsequently, by employing technology life-cycle analysis, market size evaluation, and technological gap assessment, an indigenous framework for selecting the suitable style of technology acquisition for Wide-Area Monitoring Systems is proposed. The results indicate that in the early stages of technology development, an internal research and development (R&D) approach is more appropriate, whereas in the stages of maturity and expansion, collaborative and technology transfer approaches are more effective. Finally, the attractiveness–capability matrix is introduced as a decision-making tool for determining the optimal strategy for developing priority technologies in the national power industry.
Sheikhi Fini A, Madihi Bidgoli Z, Asadi A. An approach to the development and acquisition of Wide Area Monitoring System in power system. Quarterly Journal of Energy Policy and Planning Research 2025; 11 (2) : 6 URL: http://epprjournal.ir/article-1-1258-en.html