Research and Markets: New Business Opportunities in Asian Smart Grids as China, India and other Asian Nations Face Shortages

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5af094/new_business_oppor) has announced the addition of the "New Business Opportunities in Asian Smart Grids" report to their offering.

“New Business Opportunities in Asian Smart Grids”

The development and expenditures on Smart Grid-related projects in Asia are already impressive. Nonetheless, even after massive power sector reforms, China, India and other Asian nations still face shortages in electric power. According to the US Energy Information Administration, the world's electricity generation is projected to increase by 77 percent from 2006 to 2030. But the Asian countries will increase generation by 200% over that period. So the need for grid improvements is increasing.

China has embarked on a 10-year project to build a "Smart Grid" that will catapult its power transmission into the digital age, securing electricity supplies and boosting energy conservation. The Government of India has devised a scheme which is called the Restructured Accelerated Power Development and Reforms Programme to address the strengthening & upgrading of the Indian transmission and distribution network. he program calls for an investment of US $ 10 billion over a five year span. The Japanese trade ministry has estimated the shift to renewable power will require a grid upgrade at a cost of between US$ 51 Billion and US$74 Billion by 2030. Korea aims to create a nationwide Smart Grid by 2030 for an electricity market worth US$ 60 Billion. Within Asia, the demand for Smart Grid capability is quite diverse in nature ranging from reflecting the sophisticated nature of electricity demand in developed nations such as Japan and South Korea, to the need for first deployment of grids and massive grid upgrades in the developing economies of India and China. Yet, there is also general consensus that existing electricity grids in Asia are not sufficient in terms of capacity, efficiency, reliability, security, and environmental impact to supply the electrical power needs of modern societies. Further, because of growing environmental concerns, Asian grids needs to become far more flexible than they are today, accommodating distributed power generation from renewable sources and use several energy-efficiency techniques. With all this in mind, NanoMarkets/Smart Grid Analysis believes that Asia, offers huge potential for suppliers of Smart Grids technology, systems and software. As a result, we are publishing this report which identifies and quantifies the business opportunities that are appearing as a result of the deployment of Smart Grids in Japan, Korea, India, Taiwan, China, Malaysia, the Philippines, Singapore, Thailand and Vietnam.

Key Topics Covered:

Executive Summary

E.1 Opportunities for suppliers of transmission and distribution equipment

E.2 Opportunities for novel energy storage technology

E.3 Opportunities for communications equipment companies

E.4 Opportunities in metering and customer premises equipment

E.5 Companies to watch in the Asian Smart Grid business Chapter One: Introduction Chapter Two: The Asian Smart Grid Market Environment

2.1 Introduction

2.2 Major driving factors for Smart Grids in Asia

2.3 Factors slowing down Smart Grid deployments in Asia

2.4 Impact of the worldwide recession on Smart Grid Deployment in Asia

2.5 Important Smart Grid policy trends in Asia