Smart Grid in China

Policies, Markets and Future Plans

Master thesis (2012)

Authors

Contributors

P. Yannick (mentor)
Programme
EPA, Erasmus Mundus Master EMIN (TPM) (TU Delft)
Copyright: Campus only
Smart grid Market analysis Chinese electricity industry
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Published Date

31-08-2012

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Programme

EPA, Erasmus Mundus Master EMIN

Abstract

Growing demand of reliability and efficiency in electricity sector has aroused electricity grid modernization in the vision of smart grid platform. The essence of the vision is an autonomous electricity network with two-way electricity power flows and extensive real-time information between the generation nodes, various electricity-dependent appliances and all points in-between. In China, China’s State Grid Corporation announced plans to invest 1500 billion RMB in electric power infrastructure upgrades over the next five years and another 1500 billion RMB between 2016 and 2020 to complete the built-out of a stronger and smarter Chinese power grid. This thesis aims to examine the drivers and vision of China’s smart grid, current smart grid policy background, and smart grid market analysis by sector, potential investment and business opportunities in China’s smart grid market .The results suggest strategies to succeed in China’s smart grid market for foreign investors.