The Smart Grid in China, 2012-2016: Markets, Technologies and Strategies

by Kamil Bojanczyk, David J. Leeds

China represents 70% of the Asian smart grid market, and will invest close to US$250 billion into its grid over the next five years. There are major plans in motion in the areas of transmission, distribution automation, smart meters, electric vehicles (EV), and EV charging technologies, and over 263 smart grid pilot projects already underway. However, because of the structure of China's government and nuances of its Five-Year Plans, it is necessary to develop a clear picture of how China's Plans, projections, regulations, and incentive and subsidy programs will work together to define the smart grid market in order to position strategically within the market.

This 103-page report is the definitive source for organizations looking to capitalize on China’s quickly growing smart grid markets. A clear understanding of China’s energy scenario, as well as the associated smart grid technology and deployment trends, will be crucial to achieving meaningful entry. The report includes detailed statistics and country-wide comparisons for various smart grid markets, a five-year forecast, descriptions of market conditions and technologies, and comprehensive vendor snapshots.

FIGURE: China's 11-Year Investments by Sector and Phase

Source: GTM Research

China's smart grid market is growing quickly, but it is important to understand that its evolution will be remarkably different from that of any other nation. Because of the structure of China's government and nuances of its Five-Year Plans, it is necessary to develop a clear picture of how China's Plans, projections, regulations, and incentive and subsidy programs will work together to define the smart grid market in order to create strategic positioning. For example, China has devoted a huge amount of funding to installing meters, creating pilot projects around smarter power utilization and DSM, and substation and distribution automation. On the other hand, China's EV market has a huge amount of potential (and available funding), but struggles to advance due to lack of innovative battery technologies, access to subsidies, infrastructure deployment, and consumer adoption.

In addition, the report also identifies both the Chinese and foreign companies who play a major role in the Chinese smart grid. The list includes; Wasion Group, Shenzhen Clou, Ningbo Sanxing, Shenzhen Kaifa Technology, Huawei, Rongxin Power Electronic, PingGao, XJ Electric, BYD, XD Electric, Donfeng Electronics, ABB, Siemens, Eaton, BPL Global, IBM, and GE, among others.

If you're interested in a larger understanding of the smart grid in Asia, please see our report The Smart Grid in Asia, 2012-2016: Markets, Technologies and Strategies, which covers not only China, but also South Korea and Japan.

 

Want more details?

Download a free brochure with a full table of contents and list of figures, as well as more in-depth information on the report's analysis.

Kamil Bojanczyk Consultant

Kamil Bojanczyk is a researcher and consultant in cleantech and smart grid. His engagements include Cornell University, GTM Research, Tokyo Electric, and Wireless Glue Networks.

David J. Leeds Chief Smart Grid Analyst

 

David Leeds directs the smart grid research practice at GTM Research. He has guest lectured on the subject at MIT, Stanford, and The Wharton School of Business (University of Pennsylvania).

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