|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
E: [email protected]
Corporate Communications – Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
E: [email protected]
Corporate Communications – Asia Pacific
P: +65 6890 0926
F: +65 6890 0999
E: [email protected]
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Aug. 25, 2016 09:15 AM EDT Reads: 538
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Aug. 25, 2016 09:00 AM EDT Reads: 443
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Aug. 25, 2016 09:00 AM EDT Reads: 530
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Aug. 25, 2016 09:00 AM EDT Reads: 3,859
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Aug. 25, 2016 08:45 AM EDT Reads: 2,101
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Aug. 25, 2016 08:30 AM EDT Reads: 397
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
Aug. 25, 2016 08:30 AM EDT Reads: 509
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Aug. 25, 2016 08:30 AM EDT Reads: 1,686
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Aug. 25, 2016 08:15 AM EDT Reads: 1,476
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Aug. 25, 2016 08:00 AM EDT Reads: 496
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Aug. 25, 2016 07:15 AM EDT Reads: 1,866
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Aug. 25, 2016 06:30 AM EDT Reads: 1,824
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.
Aug. 25, 2016 06:00 AM EDT Reads: 1,419
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Aug. 25, 2016 03:30 AM EDT Reads: 2,123
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 25, 2016 02:30 AM EDT Reads: 2,149