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The following article was published in our article directory on August 24, 2010.
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Intelligent Grid a bright future in Asia

Article Category: Business Management

Author Name: Amanda xzh

Recently, the market analyst firm NanoMarkets released a report entitled "Asia's new business opportunities in smart grid," the report, this report mainly for Asian countries to deploy smart grid emerging business opportunities and challenges were analyzed and forecasted. Report notes that in recent years the Asian market, the performance of the Smart Grid industry shines, and the smart grid-related projects, whether from capital expenditure, or long-term development momentum. At the same time as China, Japan, Korea and India increase demand, the Asian market, smart grid investment expected over the next five years will reach 22.2 billion U.S. dollars.

U.S. Energy Information Administration (EIA) reports that from 2006 to 2030, global electricity generation is expected to grow 77% over the same period a sharp rise in the Asian power generation by 200%. By then, the demand on the network upgrade will be more and more. In addition, NanoMarkets said, some Asian countries have introduced electricity sector has been the deployment of smart grid of the measures, however, China, India and other Asian countries Bufen region is still Cunzai power shortage, it is still right NanoMarkets remain optimistic about the Asian smart grid Qianjing attitude. In fact, the root causes of power shortage can be attributed to transmission and distribution lack of intelligence, therefore, imperative to deploy smart grid.

Japan, Korea, India and the development of intelligent network planning

The report said many Asian countries, the country will be different, so the smart grid requirements of various countries are not the same. Japan and South Korea on behalf of the industrialized countries, need more refinement of Dianlipeizhi, thus requiring Zhinengdianwang the Fadiannengli more sophisticated and detailed, Er, as developing countries China and India, need to first Bushu smart grid, Tong Shi mass to upgrade the electricity grid. Of course, the countries of the Asian power market, there is consensus, that is, to meet the growing demand for electricity in modern society, Asia, the existing power grid efficiency, reliability, safety and environmental responsibility is still to be strengthened.

It is reported that Japan, South Korea and India have begun a smart grid planning. Japan, according to the Japanese Ministry of Economy estimates that in 2030, the required changes to the renewable energy grid upgrades will cost about 51 billion to 74 billion U.S. dollars between. In fact, early last year, NEC announced the cause of the Association of Japanese version of "smart grid development plan", which plans to apply the smart grid in 2020 as the goal. The Japanese government, power companies, industry associations, Keyan institutions and equipment manufactures, Jijifahui own strengths and Zhuanyetese, actively Touru Dao smart Dianwang the Yanfa, it became the "official public " smart grid research and development battle.

Earlier this year, South Korean Ministry of Knowledge Economy to promote low carbon green growth process, developed a "smart grid road map" plan to invest 27.5 trillion won (247.5 billion U.S. dollars), built in 2030 nationwide smart grid. PikeResearch market analysis firm, said Korea from 2009 to 2016 will be as high as 15.8 billion U.S. dollars in local funds to invest in smart grid infrastructure.

Almost the same time, the Indian government has also established a call to accelerate the restructuring of electric power development and reform programs to strengthen and enhance India's power transmission and distribution, the program will span five years, the need for 10 billion U.S. dollars of investment. In addition, India plans from 2011 onwards, New Delhi and Mumbai in the vicinity of smart grid test, grid construction and installation of smart meters with a communication function, and in 2012, according to the test results after the city in more than a dozen Block Zheng Shi promotion.

China's high-profile start smart grid

According to the report, by 2015, China and India, Asia will account for 75% of smart grid market.

Consulting ZPyrme forecast, this year China will overtake the U.S. as the largest investor in smart grid. China used 7.32 billion U.S. dollars plan the development of smart grid, the actual amount has exceeded 7.09 billion U.S. dollars of U.S. funding. In fact, China in the development of smart grid of research done earlier, but did not formally put forward the concept of smart grid. At present, China has set about establishing a strong nationwide smart grid, smart grid implementation of 10-year blueprint, the State Grid Corporation of allotment for the project, four trillion yuan (585.6 billion U.S. dollars), funds will be invested extensively in various projects, such as Renewable energy storage technology, power transmission substation monitoring system and smart. At the same time will also finance other technologies, such as charging electric vehicles, power distribution automation, smart meters and consumption information systems. The project is expected to be basically completed by 2020, when the guaranteed supply of electricity and promote energy conservation, the power transfer will lead China into the digital age.

Earlier this year, China's State Grid work conference held in 2010, planning in 2010 to invest in construction of power grids 227.4 billion yuan (33.6 billion U.S. dollars), smart grid investment focus will be. In accordance with the objectives outlined in the national grid by 2020, a strong smart grid is completed, to form a North China, East China, Central China Power Grid for the UHV simultaneously receiving end, Northeast, Northwest Power Grid for the transmission side, connecting the national major coal, hydropower, nuclear power and renewable energy power base of a strong grid structure. For China, construction of a national smart grid power allocation can be achieved, thus the need for clean energy electric power delivered to the place, to achieve real-time deployment of power supply and demand, but also promoted the development of clean energy.

Of course, with growing environmental pressures, in the face of huge investment, technical problems and issues such as new energy strategy, the future of the Asian market to be more flexible smart grid. Market analysis firm PikeResearch forecast the next few years, electricity distribution and transmission automation development with the greatest potential, while the substation automation and renewable energy management system also has a profit potential. At the same time, NanoMarkets also the Asian market, the future development of smart grid confidence, believe in smart grid technology, systems and software, the Asian suppliers of smart grid market has unlimited potential.

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