|By PR Newswire||
|January 22, 2014 02:24 AM EST||
- Frost & Sullivan's Top Five Predictions for Asia Pacific's Power T&D and Utility Industry in 2014-
SINGAPORE, Jan. 22, 2014 /PRNewswire/ -- It is expected that transformation in the key areas of capacity augmentation and distribution grid automation will drive the transmission and distribution sector in the Asia Pacific region for the year.
2014: Investments in T&D Network Rides Heavily on Expanding Capacity Additions
Asia Pacific's growing demand for electricity is likely to increase power generation by 4.1% in 2014. This needs to be actively supplemented by Transmission & Distribution (T&D) grid expansion to ensure reliable power supply. The majority of the T&D investments are likely to be concentrated in Southeast Asia in 2014.
The growing economies such as Vietnam, Indonesia and Myanmar are likely to focus more on the transmission grid expansion and reliability. Rural electrification and increasing the overall electrification ratio will be their top priority.
"For instance, as a result of favourable regulations, the Vietnam power T&D sector opens up several opportunities for private investors in 2014. During this period, capital will be spent mostly on building and enhancing the 220 kV and 500 kV network. Investments are also expected in the 110 kV network to strengthen the links between the transmission and the distribution system," said Avanthika Satheesh, Senior Research Analyst, Energy & Environment Practice, Frost & Sullivan Asia Pacific.
2014: Electricity Tariff is on the Upswing Especially in Southeast Asia
"As Singapore moves towards the cheaper and diversified LNG sources of fuel for power generation, it is expected that its wholesale market electricity prices are likely to fall by end of 2014. However, its current electricity prices are already one of the highest in the region, due to its market based pricing model," Satheesh noted.
"For the rest of the countries in the Asia Pacific region such as Thailand, Vietnam and South Korea, electricity tariffs are expected to rise due to reasons such as variations in fuel adjustment rates, rise in crude oil prices and in certain economies, currency depreciation," she added.
One exception will be Japan, where electricity prices are expected to decrease in 2014 is Japan. At present, electricity tariffs in Japan are very high due to the shortfall of electricity after the closure of nuclear power plants. However, prices are most likely to decline by the end of 2014 as new coal power plants and LNG plants are likely to get commissioned.
2014: Cash Crunch Situation faced by Utilities in Australia and Japan Likely to Improve
The T&D electrical equipment market has been on the decline in Japan as the utility companies have reduced their capital and operational expenditure drastically to meet the power demand, by buying expensive fossil fuels for thermal power generation. In 2014, this situation should improve as the country is likely to start operating two new coal fired power plants and twelve LNG fired power plants by the end of 2014.
The trade-off between reliability and high capital expenditure is a challenge faced by the utility companies and regulators in the last couple of years in Australia. It is reported that in Australia, the average age of T&D system assets is between 30 and 35 years. This calls for continuous replacement of assets to maintain the health of the grid. The market had experienced a drastic fall of capital expenditure by utility companies in 2013, as utility companies were not allowed to pass on the bills to the consumers by the regulation authority.
The capital expenditure in T&D sector is likely to marginally improve in 2014 by 3.7% which will be AUD 9.98 billion. CAPEX is likely to increase as a result of shifting focus to replacement with a slow decrease in augmentation expenditure. However, this spending will still be much lesser than the capital spending in 2012.
2014: Smart-meter Installations and Distribution Grid Automation Takes a Major Part of Smart Grid Investments
"Several smart grid test-beds were developed across the Asia Pacific region in 2013. Projects in Japan, Taiwan, South Korea, Singapore, and Malaysia are in the various stages of testing," explained Satheesh.
For 2014, key investments in the sector would be focused on smart-meter installations by regional electricity utilities and implementation of tested and approved smart technologies in selected smart cities. Key highlights include:
- In Southeast Asia, total electricity meter installation would reach 160 million units, and total smart meter penetration rate will be around 2.5% by end of 2014.
- Widespread smart-meter installations are expected to kick-start in Thailand by PEA in 2014. The Smart Grid development project (2013-2017, Thailand) focuses on Substation Automation, renewable energy integration and battery storage.
- In Vietnam, smart distribution automation will be initiated in 2014 by the Danang Power Company.
- Thailand has immediate opportunities in the smart metering in the next year with pilot and trial projects in the PEA regions.
2014: No Major Initiatives on Strengthening ASEAN Grid
The concept of continentalisation, i.e. greater integration between supply and demand in the region, was planned and the ambitious ASEAN grid was chartered. However, not much progression on this major initiative is expected to happen during 2014.
Technical challenges and business regulations are the key challenges that need to be urgently addressed by the countries involved in developing the ASEAN grid.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Corporate Communications – Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
Corporate Communications – Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
Corporate Communications – Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
MongoDB Atlas leverages VPC peering for AWS, a service that allows multiple VPC networks to interact. This includes VPCs that belong to other AWS account holders. By performing cross account VPC peering, users ensure networks that host and communicate their data are secure. In his session at 20th Cloud Expo, Jay Gordon, a Developer Advocate at MongoDB, will explain how to properly architect your VPC using existing AWS tools and then peer with your MongoDB Atlas cluster. He'll discuss the secur...
Mar. 29, 2017 07:30 PM EDT Reads: 828
Things are changing so quickly in IoT that it would take a wizard to predict which ecosystem will gain the most traction. In order for IoT to reach its potential, smart devices must be able to work together. Today, there are a slew of interoperability standards being promoted by big names to make this happen: HomeKit, Brillo and Alljoyn. In his session at @ThingsExpo, Adam Justice, vice president and general manager of Grid Connect, will review what happens when smart devices don’t work togethe...
Mar. 29, 2017 06:30 PM EDT Reads: 2,726
Building a cross-cloud operational model can be a daunting task. Per-cloud silos are not the answer, but neither is a fully generic abstraction plane that strips out capabilities unique to a particular provider. In his session at 20th Cloud Expo, Chris Wolf, VP & Chief Technology Officer, Global Field & Industry at VMware, will discuss how successful organizations approach cloud operations and management, with insights into where operations should be centralized and when it’s best to decentraliz...
Mar. 29, 2017 05:15 PM EDT Reads: 3,772
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Mar. 29, 2017 04:30 PM EDT Reads: 1,662
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
Mar. 29, 2017 04:15 PM EDT Reads: 3,871
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Mar. 29, 2017 04:00 PM EDT Reads: 3,199
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
Mar. 29, 2017 03:15 PM EDT Reads: 761
Technology innovation is the driving force behind modern business and enterprises must respond by increasing the speed and efficiency of software delivery. The challenge is that existing enterprise applications are expensive to develop and difficult to modernize. This often results in what Gartner calls "Bimodal IT," where business struggle to apply modern tools and practices to traditional monolithic applications. But these existing assets can be modernized and made more efficient without havin...
Mar. 29, 2017 03:15 PM EDT Reads: 2,646
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost...
Mar. 29, 2017 03:15 PM EDT Reads: 327
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Mar. 29, 2017 03:15 PM EDT Reads: 2,244
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
Mar. 29, 2017 02:30 PM EDT Reads: 738
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
Mar. 29, 2017 02:30 PM EDT Reads: 3,842
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 29, 2017 02:30 PM EDT Reads: 2,298
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
Mar. 29, 2017 02:15 PM EDT Reads: 3,299
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, will present a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to max...
Mar. 29, 2017 01:30 PM EDT Reads: 585