NewEnergyNews: CHINA GRID GETS SMARTER

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    Friday, January 11, 2013

    CHINA GRID GETS SMARTER

    Smart Grid in China; Smart Meters and Grid Automation Technologies: Development Plans, Policy Trends, Key Industry Players, Market Analysis, and Forecasts

    4Q 2012 (Pike Research/Navigant)

    “The development of a smart grid has become the major focus of power grid construction in China. Through the application of modern metrology, communications, information, and control technologies, the country’s power grid is undergoing a fundamental upgrade…China’s smart grid development includes six key areas: power generation, transmission, transformation, distribution, consumption, and dispatching…”

    “…The smart grid covers all voltage levels to achieve the optimum power flow, information flow, and business flow, along with a high degree of integration. China is currently in the second stage of its smart grid deployment, according to the State Grid Corporation of China. Lasting from 2011-2015, this is the full construction phase. Pike Research forecasts that cumulative smart grid revenue in China will reach $127 billion by 2020...”

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