Asia-Pacific Smart Grid Activities - Gradual Awakening of a Revolution by GlobalData

VIEWS: 8 PAGES: 10

More Info
									            Asia-Pacific Smart Grid Activities - Gradual Awakening of a
                                    Revolution
        Reference Code: GDSG0028VPT                                                                                                            Publication Date: October 2011


        1         Table of Contents
        1 Table of Contents.................................................................1
         1.1 List of Tables .................................................................1
        2 Summary .............................................................................2
        3 Asia-Pacific Smart Grid Activities - Gradual Awakening of a
          Revolution ............................................................................2
         3.1 Asia-Pacific Utilities are Playing an Active Role in
              Deploying Smart Grid Technologies ..............................2
         3.2 Governments in Asia-Pacific Region are Spearheading
              the Development of Smart Grids ...................................5
         3.3 Vendor Activities in Acquisitions, Partnership, Research
              and Development are Gaining Pace in Asia-Pacific ......6
         3.4 Investments from Venture Capitalists Have Been on the
              Rise .............................................................................7
         3.5 Global Agencies and Banks Gaining Prominence in
              Asia-Pacific Smart Grid Development Scenario ............7
         3.6 Research Projects in the Asia-Pacific Region to Drive
              Smart Grid Deployment .................................................8
         3.7 Lack of Consumer Awareness Slowing Smart Grid
              Development in the Region ...........................................8
        4 Appendix ..............................................................................9
         4.1 Abbreviations.................................................................9
         4.2 Methodology ..................................................................9
           4.2.1    Coverage..............................................................9
           4.2.2    Secondary Research ............................................9
           4.2.3    Primary Research ................................................9
           4.2.4    Modeling and Forecasting ..................................10
         4.3 Contact Us...................................................................10
         4.4 Disclaimer....................................................................10



        1.1       List of Tables
        Table 1:       Abbreviations ............................................................9




                                                                                                                                           GDSG0028VPT /Published OCT 2011/ Page 1
                                                                                                                                                                     Market Analysis Alert
Asia-Pacific Smart Grid Activities - Gradual Awakening of a Revolution
                                                                                                     © GlobalData. This report is a licensed product and is not to be copied, reproduced,
                                                                                                                                                             shared or resold in any form
                                                                               smart grids, biomass, hybrid and pure electric vehicles (EV).
                                                                               South Korea also joined smart grid implementation in 2008 with
        2        Summary                                                       a new government initiative named “Low Carbon, Green
        Smart grid technology has not only improved over the past few          Growth” aimed at reducing energy consumption by 3% by the
        years but also expanded across the globe with Asia-Pacific             year 2030. Since then, the South Korean government has
        (APAC) countries implementing smart grid technologies and              developed a road map for implementing a smart grid in five
        launching demonstration projects linking smart meters,                 sectors: the power grid, the consumer market, transportation,
        broadband and intelligent grid technology. APAC countries like         renewables and electricity. Japan is developing smart grids to
        China, Japan, Australia, Singapore and South Korea, of which           accommodate a large amount of solar energy. Solar power
        some are densely populated, are moving ahead rapidly to                output in Japan is expected to be 53 million kW by 2030. The
        implement smart grid technologies. The implementation of               deployment of smart grid in Japan is mostly driven by projects
        smart grid in APAC has created a multi-billion dollar market           undertaken by the New Energy and Industrial Technology
        opportunity for telecom operators, equipment manufacturers             Development Organization (NEDO) and other Japanese
        and other services providers in the region. Developing                 associations. NEDO is carrying smart grid projects both in
        renewable energy capabilities there can contribute significantly       Japan and outside Japan. The Japanese government is
        to the growth of smart grid implementation in the APAC region,         investing $104m along with the United States (US) to
        although deployment is still in its introductory phase. Lack of        implement smart grid technologies. The Energy Market
        consumer awareness, insufficient policy and regulations, and           Authority (EMA) of Singapore started implementing a smart grid
        prohibitively high investment levels associated with smart grid        pilot in November 2009. Through the project, the EMA is
        technology are acting as barriers to fast implementation.              developing a test facility for smart grid solutions, tipped to be a
                                                                               driver for the nation’s smart energy economy ambitions.
        Australia and New Zealand are the first among the APAC
        countries to have implemented electricity meters with advanced         3.1     Asia-Pacific Utilities are Playing an Active
        functionalities. China started the development of smart grid
                                                                                       Role in Deploying Smart Grid
        technology in 2007 under the guidance of the Joint US China
                                                                                       Technologies
        Cooperation for Clean Energy (JUCCCE). Investments are
        further expected to increase as the need for stable and secure         A number of power utilities in the APAC region have started
        electricity grids increases in the region.                             deploying smart meters and other smart grid technologies to
                                                                               improve grid reliability, customer service, operating efficiencies
        3        Asia-Pacific Smart Grid Activities -                          and balance of demand and supply of electricity. Australia,
                 Gradual Awakening of a Revolution                             China, Japan, Korea, India, and several member nations of the
                                                       
								
To top