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GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 1/ / / // / / / / / / / / / / / / / / / / / / / / / / / / / / /
GLOBAL SMART GRID
DRIVERS
IEA/SEAI, DUBLIN IRELAND
12 SEPTEMBER 2012
COLIN MCKERRACHER
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 2/ / / /
CONTENTS
Smart grid: a global market
Smart grid drivers
Case studies
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 3/ / / /
SMART GRID DRIVERS
Source: BNEF Pre-Forum Survey.
Note: 26 responses received; total 114 votes cast. New loads = electric vehicles, heat
pumps etc.
0 5 10 15 20
Increasing renewable generation
Demand growth and new loads
Increasing distributed energy resources
Peak demand constraints
Climate change / environmental drivers
System reliability / quality of service
Ageing infrastructure
Energy security
Need for new generation investment
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 4/ / / /
DRIVERS: WIND PENETRATION (% OF INSTALLED
CAPACITY)
Source: Bloomberg New Energy Finance.
0% 5% 10% 15% 20% 25% 30% 35%
Denmark
Portugal
Spain
Germany
Ireland
Netherlands
Greece
India
Sweden
UK
Italy
Belgium
China
France
USA
Poland
Europe
Rest of world
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 5/ / / /
DRIVERS:
SYSTEM AVERAGE INTERRUPTION INDICES BY COUNTRY
Note: 2007 data.
Duration index Frequency index
Source: CEER, Bloomberg New Energy Finance.
0
0.5
1
1.5
2
2.5
0
50
100
150
200
250
300U
S
Sp
ain
UK
Au
str
ia
Fra
nce
Ita
ly
Ne
the
rla
nd
s
De
nm
ark
Ge
rma
ny
Duration Frequency
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 6/ / / /
0% 5% 10% 15% 20% 25%
IndiaMexico
BrazilArgentina
TurkeySaudi Arabia
RussiaIndonesia
UKSouth Africa
CanadaItaly
USFranceChina
AustraliaSouth Korea
Japan Germany
DRIVERS: TRANSMISSION & DISTRIBUTION LOSSES IN
G20 NATIONS, 2009 (% OF POWER GENERATED)
India:
$5bn/yr
South Africa:
$600m/yr
Brazil:
$5.1bn/yr
NON-TECHNICAL
LOSSES
Turkey:
$895m/yr
Source: METI, various national sources, Bloomberg New Energy Finance.
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 7/ / / /
SMART GRID DRIVERS AND PROJECT TYPES
Source: Bloomberg New Energy Finance..
AMI Distribution
automation
HEMS/
BEMS
Energy
storage
Demand
response
Increasing renewable
generation
√ √ √ √
Improved grid
reliability
√ √ √ √
Reduce non technical
losses
√ √
EV integration √ √
Rising peak demand √ √ √
Ageing infrastructure √ √ √ √ √
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 8/ / / /
CONTENTS
Smart grid: a global market
Smart grid drivers
Case studies
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 9/ / / /
CASE STUDY- AUSTRALIA T&D INFRASTRUCTURE
INVESTMENTS (AUD M)
Source: Bloomberg New Energy Finance..
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000
Energex (QLD)
Ergon Energy (QLD)
Ausgrid (NSW)
Endeavor Energy (NSW)
Essential Energy (NSW)
Powercor (VIC)
SP Ausnet (VIC)
United Energy (VIC)
CitiPower (VIC)
Jemena (VIC)
ETSA (SA)
Aurora Energy (TAS)
ActewAGL (ACT)
Current regulatory period Previous regulatory period Regulated asset base
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 10/ / / /
SMART GRID DRIVERS: US VS. EUROPE
KEY DRIVERS FOR INVESTMENT
• Energy efficiency
• Peak load management
• Integrate RE / EV
• Reduce opex
• Improve asset mgmt
• Improve SAIDI/SAIFI
• Manage major storms
ECONOMIC
OPERATIONS
RELIABILITY
ENERGY
SECURITY
• Efficiency
• RE and DER
• Electric vehicles
• Reduce opex
• Improve asset mgmt
• Deregulation
• Competition
• Service innovation
• European power
markets
• European super-grid
CLEAN
ENERGY
LIBERALIS-
ATION
MARKETS /
INTEGRATION
OPERATIONS
• $4.5bn stimulus
• Job creation
• Tech companies
1
2
3
4
1
2
3
4
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 11/ / / /
BUT, THE PICTURE CAN CHANGE
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 12/ / / /
STATES AND COUNTRIES WITH OPT-OUT PROVISIONS
FOR CONSUMERS TO REFUSE SMART METERS
Source: Bloomberg New Energy Finance
Note: No opt-out programme in UK, but regulator has clarified that consumers cannot
be forced to have a smart meter. Australia opt-out is for TOU only.
Canada
United States
In place
Proposed
Australia
Europe
GLOBAL SMART GRID DRIVERS, 12 SEPTEMBER 2012 13/ / / /
COPYRIGHT AND DISCLAIMER
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way without prior consent of Bloomberg New Energy Finance.
The information contained in this publication is derived from carefully selected public sources we believe are
reasonable. We do not guarantee its accuracy or completeness and nothing in this document shall be
construed to be a representation of such a guarantee. Any opinions expressed reflect the current judgment of
the author of the relevant article or features, and does not necessarily reflect the opinion of Bloomberg New
Energy Finance. The opinions presented are subject to change without notice. Bloomberg New Energy
Finance accepts no responsibility for any liability arising from use of this document or its contents. Bloomberg
New Energy Finance does not consider itself to undertake Regulated Activities as defined in Section 22 of the
Financial Services and Markets Act 2000 and is not registered with the Financial Services Authority of the UK.
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COLIN MCKERRACHER –
