Research Report on Chinese Smart Grid Industry, 2010-2011

Smart grid, also called “electric grid 2.0”, refers to intelligentized electric grid. Based on the integrated high-speed bidirectional communication network, it realizes reliability, safety, economical effectiveness, high efficiency and environmental protection by applying advanced sensing and measuring technologies, equipment technologies, control measures and decision support system technologies. It is featured with natural repair, resistance to attack, permission of the access of various generation forms and participation of users, etc. ( http://www.bharatbook.com/detail.asp?id=151681&rt=Research-Report-on-Chinese-Smart-Grid-Industry-2010-2011.html )

The smart grid industry mainly has the following characteristics: firstly, a wide range of participants. Besides original manufacturers of traditional electric grid and electric equipment and technical service providers, there are also a large number of enterprises for the manufacture of IC, communications equipment, software and electric appliances and the development of distributed power. Secondly, great emphasis on the R&D. Technology R&D occupies a large proportion in the products and services of enterprises. The volume of R&D employees (scientists, engineers and technicians) takes up a large proportion in the total employee number. Thirdly, related products have high technology content. They belong to high-tech products closely integrated with modern communications technology, semiconductor technology, information technology and electric technology.

The smart grid industry usually refers to the aggregation of enterprises and organizations engaged in the equipment manufacture, product R&D, technical services, project construction, power operation and value added services centering on smart grid construction as well as the interrelation of these enterprises and organizations. The smart grid industry reflects the integration of the power industry and information industry under the background of industrial and informationization integration. The smart grid industry covers the R&D and manufacture of intelligent electric facilities, electric system automation and the R&D of control technology, R&D of electric information technology, R&D of electric communications technology, operation of smart grid, development of value-added services and R&D and manufacture of smart electric appliance terminals, etc.

Chinese smart grid has its own features. It is regarded as the strong smart grid based on ultra-high voltage network by the State Grid Corporation. Thus, it is forecast that the investment in Chinese smart grid will mostly concentrate in the power transmission side, in contrast to the investment of USA which concentrates in the power distribution side. Moreover, China will probably enlarge the storage and access of the power generated from renewable energy.

For more information kindly visit : http://www.bharatbook.com/detail.asp?id=151681&rt=Research-Report-on-Chinese-Smart-Grid-Industry-2010-2011.html

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