China To Lead In Smart Grid Developments

摘要

1. We expect China to remain a global leader in smart grid technologies, with strong government support and a significant level of investments into research and development. 2. The Chinese government has long emphasised the importance of 5G as part of its economic growth agenda, and the utilities sector is expected to leverage the new generation technology for its smart grid ambitions. 3. An ongoing renewables surge will support investments into smart grids and energy storage development, due to the need to better manage integration of these intermittent sources. 4. A rise in the electric vehicles (EV) market and vehicle-to-grid technologies will also supplement the growth in smarter grid management.