Smart grid drivers in China
The country has put into place a three stage plan for smart grid development which runs from 2009 to 2020. The last phase will run from 2016 to 2020. He says that what sets China apart from other countries when looking at smart grid development is that the country is placing more focus on the transmission side. Fast growing load and significant renewable energy integration are the main drivers for smart grid development.
Mr Ming says that there is also a great need to improve the distribution network in order to accommodate the new capacity which will be coming from increasing renewable generation. Ambitious PV generation and electric vehicle targets are also forcing China to strengthen and modernize its distribution network. He says that through appropriate standards and clear strategies, the country is working efficiently towards building a stronger and smarter electric network. Mr Ming also explains how the smart grid will contribute significantly to the country’s economic development.
Smart grid needs government support
Mr Ming points out that smart grid is not only about the technical aspects. He says that without appropriate government policies and a smart market mechanism, smart grid goals will not be attained. He suggests: “The power industry must work closely with the government and policy maker to ensure maximum support of smart grid development. You need the right policies and market mechanisms in place. Investors should not only pay attention to the maturity of technology. They should also pay attention to policy and market mechanism support.”