Development of smart meters at home and abroad

1, the domestic market prospects Currently, Beijing, Shanghai and other first-tier cities have begun pilot use. Fuzhou has begun to transform the power grids intelligently for 3 communities and nearly 257,000 households. The first batch of 3,000 households have started to use smart meters. In 2010, 257,000 pilot users all used smart meters. By the end of 2010, Nanjing City had completed the first batch of 1.2 million smart meter conversions for free, and completed the renovation within five years.

From mechanical metering to electronic metering to smart metering nowadays, product upgrades are the current market demand and the direction of business development. In the past century, household electricity meters basically consisted of mechanical watches. Generally, the price of each meter was between thirty and forty yuan. Before and after 2000, gradually changed to electronic meter, its price increased slightly, about five or sixty yuan each. The current smart meter technology has been increased, and the price has also doubled compared to electronic meters, at more than 100 yuan each.

There are a large number of meter markets. If the smart meters are fully replaced, the market size will be considerable. The number of smart meter installations began to grow at a double-digit rate since 2009. In 2009, smart meter installations reached 76 million units, and in 2015, it is expected to reach 210 million units. The domestic industry will face a market that exceeds 5 billion yuan each year, which is a huge boost for smart meter manufacturing companies. Smart meter manufacturing companies will become the vanguards who will fully benefit from smart grid construction.

2. International market outlook In the next five years, Europe and North America are still the main market, and Asia, led by China, is the region with the greatest growth potential. Europe and Japan set the goal of 2020 smart meter penetration rate of 80%. Global shipments are expected to grow from just a few million in 2008 to about 50 million in 2014, with a compound annual growth rate (CAGR) of 48%. Spain's three power utility companies almost monopolized the entire power market share (Endesa accounted for more than 40%, Iberdrola accounted for more than 30%, UnionFenosa accounted for more than 10%, and the other approximately 4%) and had more than 20 million customers. The Spanish government introduced relevant laws in August 2007, requiring that all distributors must have an advanced meter management (AMM) operating system by 2014. By 2018, all mechanical meters should be replaced with smart meters. Must be able to achieve active / reactive power metering, maximum demand measurement, power load characteristics acquisition, power management, time-based billing, remote meter reading, remote off / power, remote programming and other functions.

The French government is incorporating power users into the law using smart meters. In 2006, France’s power management department put forward three milestone plans: By January 2012, all installed meters must be smart meters; by the end of 2014, 50% of meters must be connected to the AMM system; by the end of 2016, 95% of meters must be connected to the AMM system. In 2006, the Electricity Network Distribution of France (ERDF) led an R&D project for power companies and technology needs, and plans to replace all 33 million meters with smart meters between 2010 and 2017. Actaris and Langer Company are carrying out large-scale pilot projects of 300,000 smart meters, mainly using PLC communication.