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Page 1: GDSG0033MAR Synchrophasors in Smart Grid in Key Countries ... · SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE FORECASTS

REFERENCE CODE GDSG0033MAR | PUBLICAT ION DATE SEPTEMBER 2014

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME,

AVERAGE PRICE AND MARKET SIZE FORECASTS TO 2020

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 2 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

Executive Summary

US Leads North American Synchrophasor Market

The US has the largest grid in North America and

accounts for the majority of the renewable and

distributed energy generation in the region. It is

also a leading market in terms of smart grid

investment and project funding. North America is

the base for many Electric Vehicle (EV), microgrid,

and smart meter manufacturers, as well as

companies involved in the manufacture of other

microgrid and smart grid-related equipment. It also

leads the North American Synchrophasor Initiative

(NASPI). The US is the leading country in the

synchrophasor market in North America in terms of

value and sales, with a XX% share, followed by

Canada with XX% and Mexico with the remaining

XX%.

Synchrophasors, North America, Market Size by Country (%), 2013

US

Canada

Mexico

Source: GlobalData, Power eTrack, Equipment Database [Accessed on April 25 ,2014]

China Holds the Lowest Average Price per Synchrophasor Unit

The average price of a synchrophasor in China is

less than half of the price in most developed

countries, because they are locally manufactured

and tailor-made to specific lower standards and

requirements stipulated by the government. The

average price of a synchrophasor unit amounted to

$XX per unit in 2013. The following figure

compares the average price per unit for

synchrophasors in China with other countries over

the 2010–2013 period. China is also the biggest

upcoming market for synchrophasors by volume.

Synchrophasors, Average Price ($), 2010–2013

China

Colombia

Australia

US

India

UK

Average price ($/unit)2010 2013

Source: GlobalData, Power eTrack, Equipment Database [Accessed on April 25 ,2014]

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 4 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

1 Table of Contents

1 Table of Contents ....................................................................................................................... 4

1.1 List of Tables ...................................................................................................................... 8

1.2 List of Figures ................................................................................................................... 10

2 Introduction ............................................................................................................................... 12

2.1 Synchrophasor Overview .................................................................................................. 12

2.2 Synchrophasors, Enabling Devices ................................................................................... 13

2.3 GlobalData Report Guidance ............................................................................................ 14

3 Synchrophasor for Smart Grid Market, Global, 2009–2020 ....................................................... 15

3.1 Synchrophasor for Smart Grid Market, Global, Drivers, Impact Analysis, 2013–2020 ....... 15

3.1.1 Transmission System Improvements ............................................................................. 15

3.1.2 Easy Integration with Power Control and Monitoring Devices ........................................ 15

3.1.3 Enhanced Functionality ................................................................................................. 15

3.1.4 Government Funding ..................................................................................................... 16

3.1.5 Pilot Projects and Small-scale Deployments.................................................................. 16

3.2 Synchrophasor for Smart Grid Market, Global, Restraints, Impact Analysis, 2013–2020 ... 16

3.2.1 Delay Caused by Need for New Tools and Applications ................................................ 16

3.2.2 Scalability of Data Acquisition and Performance of Communication Networks .............. 16

3.2.3 Necessary Substantial Investment ................................................................................ 17

4 India, Synchrophasor Market, 2010–2020................................................................................. 18

4.1 India, Synchrophasor Market, Transmission Infrastructure ................................................ 18

4.1.1 India, Synchrophasor Market, Smart Grid ...................................................................... 22

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 5 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

4.2 India, Synchrophasor Market, Volume and Market Size .................................................... 23

4.3 India, Synchrophasor Market, Average Price .................................................................... 25

5 China, Synchrophasor Market, 2010–2020 ............................................................................... 27

5.1 China, Synchrophasor Market, Transmission Infrastructure .............................................. 27

5.1.1 China, Synchrophasor Market, Smart Grid .................................................................... 31

5.2 China, Synchrophasor Market, Volume and Market Size .................................................. 32

5.3 China, Synchrophasor Market, Average Price ................................................................... 34

6 Australia, Synchrophasor Market, 2010–2020 .......................................................................... 36

6.1 Australia, Synchrophasor Market, Transmission Infrastructure .......................................... 36

6.1.1 Australia, Synchrophasor Market, Smart Grid................................................................ 40

6.2 Australia, Synchrophasor Market, Volume and Market Size .............................................. 40

6.3 Australia, Synchrophasor Market, Average Price .............................................................. 42

7 New Zealand, Synchrophasor Market, 2010–2020 ................................................................... 44

7.1 New Zealand, Synchrophasor Market, Transmission Infrastructure ................................... 44

7.1.1 New Zealand, Synchrophasor Market, Smart Grid......................................................... 48

7.2 New Zealand, Synchrophasor Market, Volume and Market Size ....................................... 48

7.3 New Zealand, Synchrophasor Market, Average Price ....................................................... 50

8 Mexico, Synchrophasor Market, 2010–2020 ............................................................................. 52

8.1 Mexico, Synchrophasor Market, Transmission Infrastructure ............................................ 52

8.1.1 Mexico, Synchrophasor Market, Smart Grid .................................................................. 54

8.2 Mexico, Synchrophasor Market, Volume and Market Size................................................. 54

8.3 Mexico, Synchrophasor Market, Average Price ................................................................. 56

9 Canada, Synchrophasor Market, 2010–2020 ............................................................................ 58

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 6 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

9.1 Canada, Synchrophasor Market, Transmission Infrastructure ........................................... 58

9.1.1 Canada, Synchrophasor Market, Smart Grid ................................................................. 61

9.2 Canada, Synchrophasor Market, Volume and Market Size ............................................... 62

9.3 Canada, Synchrophasor Market, Average Price ................................................................ 64

10 US, Synchrophasor Market, 2010–2020 ................................................................................... 66

10.1 US, Synchrophasor Market, Transmission Infrastructure................................................... 66

10.1.1 US, Synchrophasor Market, Smart Grid ........................................................................ 70

10.2 US, Synchrophasor Market, Volume and Market Size ....................................................... 71

10.3 US, Synchrophasor Market, Average Price ....................................................................... 73

11 Colombia, Synchrophasor Market, 2010–2020 ......................................................................... 75

11.1 Colombia, Synchrophasor Market, Transmission Infrastructure......................................... 75

11.1.1 Colombia, Synchrophasor Market, Smart Grid .............................................................. 79

11.2 Colombia, Synchrophasor Market, Volume and Market Size ............................................. 79

11.3 Colombia, Synchrophasor Market, Average Price ............................................................. 81

12 UK, Synchrophasor Market, 2010–2020 ................................................................................... 83

12.1 UK, Synchrophasor Market, Transmission Infrastructure................................................... 83

12.1.1 UK, Synchrophasor Market, Smart Grid ........................................................................ 87

12.2 UK, Synchrophasor Market, Volume and Market Size ....................................................... 88

12.3 UK, Synchrophasor Market, Average Price ....................................................................... 90

13 Appendix................................................................................................................................... 92

13.1 Definitions ......................................................................................................................... 92

13.1.1 Smart Grid ..................................................................................................................... 92

13.1.2 Smart Meters................................................................................................................. 92

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 7 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

13.1.3 Demand Response........................................................................................................ 92

13.1.4 Electric Vehicle .............................................................................................................. 92

13.1.5 Distributed Energy Generation Systems ........................................................................ 92

13.1.6 Microgrid ....................................................................................................................... 92

13.1.7 Smart Cities .................................................................................................................. 93

13.1.8 Wide Area Monitoring Systems ..................................................................................... 93

13.1.9 Supervisory Control and Data Acquisition ..................................................................... 93

13.1.10 Synchrophasor .............................................................................................................. 93

13.2 Abbreviations .................................................................................................................... 94

13.3 Bibliography ...................................................................................................................... 95

13.4 Research Methodology ..................................................................................................... 97

13.4.1 Coverage ...................................................................................................................... 97

13.4.2 Secondary Research ..................................................................................................... 97

13.4.3 Primary Research ......................................................................................................... 98

13.5 Disclaimer ......................................................................................................................... 98

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 8 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

1.1 List of Tables

Table 1: Synchrophasors, India, Transmission Line Length (Ckm), 2009–2020 .............................................. 19

Table 2: Synchrophasors, India, Transmission Substation Volume, 2009–2020 ............................................. 21

Table 3: Synchrophasors, India, Volume and Market Size ($m), 2010–2020 .................................................. 25

Table 4: Synchrophasors, India, Average Price ($/unit), 2010–2020 ............................................................... 26

Table 5: Synchrophasors, China, Transmission Line Length (Ckm), 2009–2020............................................. 28

Table 6: Synchrophasors, China, Transmission Substation Volume, 2009–2020 ............................................ 30

Table 7: Synchrophasors, China, Volume and Market Size ($m), 2010–2020 ................................................. 33

Table 8: Synchrophasors, China, Average Price ($/unit), 2010–2020 ............................................................. 35

Table 9: Synchrophasors, Australia, Transmission Line Length (Ckm), 2009–2020 ........................................ 37

Table 10: Synchrophasors, Australia, Transmission Substation Volume, 2009–2020 ...................................... 39

Table 11: Synchrophasors, Australia, Volume and Market Size ($m), 2010–2020 .......................................... 41

Table 12: Synchrophasors, Australia, Average Price ($/unit), 2010–2020 ....................................................... 43

Table 13: Synchrophasors, New Zealand, Transmission Line Length (Ckm), 2009–2020 ............................... 45

Table 14: Synchrophasors, New Zealand, Transmission Projects to be Commissioned, 2012–2013 ............... 46

Table 15: Synchrophasors, New Zealand, Transmission Substation Volume, 2009–2020 ............................... 47

Table 16: Synchrophasors, New Zealand, Volume and Market Size ($m), 2010–2020 ................................... 49

Table 17: Synchrophasors, New Zealand, Average Price ($/unit), 2010–2020 ................................................ 51

Table 18: Synchrophasors, Mexico, Transmission Line Length (Ckm), 2009–2020 ......................................... 53

Table 19: Synchrophasors, Mexico, Volume and Market Size ($m), 2010–2020 ............................................. 55

Table 20: Synchrophasors, Mexico, Average Price ($/unit), 2010–2020 ......................................................... 57

Table 21: Synchrophasors, Canada, Transmission Line Length (Ckm), 2009–2020 ....................................... 59

Table 22: Synchrophasors, Canada, Transmission Substation Volume, 2009–2020 ....................................... 60

Table 23: Synchrophasors, Canada, Volume and Market Size ($m), 2010–2020 ............................................ 63

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 9 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

Table 24: Synchrophasors, Canada, Average Price ($/unit), 2010–2020 ........................................................ 65

Table 25: Synchrophasors, US, Transmission Line Length (Ckm), 2009–2020 ............................................... 67

Table 26: Synchrophasors, US, Transmission Substation Volume, 2009–2020 .............................................. 69

Table 27: Synchrophasors, US, ARRA Funding ($bn), as of September 3, 2013 ............................................ 71

Table 28: Synchrophasors, US, Volume and Market Size ($m), 2010–2020 ................................................... 72

Table 29: Synchrophasors, US, Average Price ($/unit), 2010–2020 ............................................................... 74

Table 30: Synchrophasors, Colombia, Transmission Line Length (Ckm), 2009–2020 ..................................... 76

Table 31: Synchrophasors, Colombia, Transmission Substation Volume, 2009–2020 .................................... 78

Table 32: Synchrophasors, Colombia, Volume and Market Size ($m), 2010–2020 ......................................... 80

Table 33: Synchrophasors, Colombia, Average Price ($/unit), 2010–2020 ...................................................... 82

Table 34: Synchrophasors, UK, Transmission Line Length (Ckm), 2009–2020 ............................................... 84

Table 35: Synchrophasors, UK, Transmission Line Length (Ckm), 2009–2020 ............................................... 86

Table 36: Synchrophasors, UK, Volume and Market Size ($m), 2010–2020 ................................................... 89

Table 37: Synchrophasors, UK, Average Price ($/unit), 2010–2020 ............................................................... 91

Table 38: Abbreviations ................................................................................................................................. 94

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 10 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

1.2 List of Figures

Figure 1: Synchrophasors, India, Transmission Line Length (Ckm), 2009–2020 ............................................. 19

Figure 2: Synchrophasors, India, Transmission Substation Volume, 2009–2020 ............................................ 21

Figure 3: Synchrophasors, India, Volume and Market Size ($m), 2010–2020 ................................................. 24

Figure 4: Synchrophasors, India, Average Price ($/unit), 2010–2020 ............................................................. 26

Figure 5: Synchrophasors, China, Transmission Line Length (Ckm), 2009–2020 ........................................... 28

Figure 6: Synchrophasors, China, Transmission Substation Volume, 2009–2020 ........................................... 30

Figure 7: Synchrophasors, China, Volume and Market Size ($m), 2010–2020 ................................................ 33

Figure 8: Synchrophasors, China, Average Price ($/unit), 2010–2020 ............................................................ 34

Figure 9: Synchrophasors, Australia, Transmission Line Length (Ckm), 2009–2020 ....................................... 37

Figure 10: Synchrophasors, Australia, Transmission Substation Volume, 2009–2020 .................................... 39

Figure 11: Synchrophasors, Australia, Volume and Market Size ($m), 2010–2020 ......................................... 41

Figure 12: Synchrophasors, Australia, Average Price ($/unit), 2010–2020 ...................................................... 42

Figure 13: Synchrophasors, New Zealand, Transmission Line Length (Ckm), 2009–2020 .............................. 45

Figure 14: Synchrophasors, New Zealand, Transmission Substation Volume, 2009–2020.............................. 47

Figure 15: Synchrophasors, New Zealand, Volume and Market Size ($m), 2010–2020 .................................. 49

Figure 16: Synchrophasors, New Zealand, Average Price ($/unit), 2010–2020 ............................................... 50

Figure 17: Synchrophasors, Mexico, Transmission Line Length (Ckm), 2009–2020........................................ 53

Figure 18: Synchrophasors, Mexico, Volume and Market Size ($m), 2010–2020 ............................................ 55

Figure 19: Synchrophasors, Mexico, Average Price ($/unit), 2010–2020 ........................................................ 56

Figure 20: Synchrophasors, Canada, Transmission Line Length (Ckm), 2009–2020 ...................................... 58

Figure 21: Synchrophasors, Canada, Transmission Substation Volume, 2009–2020 ...................................... 60

Figure 22: Synchrophasors, Canada, Volume and Market Size ($m), 2010–2020 ........................................... 63

Figure 23: Synchrophasors, Canada, Average Price ($/unit), 2010–2020 ....................................................... 64

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 11 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

Table of Contents

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

Figure 24: Synchrophasors, US, Transmission Line Length (Ckm), 2009–2020 .............................................. 67

Figure 25: Synchrophasors, US, Transmission Substation Volume, 2009–2020 ............................................. 69

Figure 26: Synchrophasors, US, Volume and Market Size ($m), 2010–2020 .................................................. 72

Figure 27: Synchrophasors, US, Average Price ($/unit), 2010–2020 .............................................................. 73

Figure 28: Synchrophasors, Colombia, Transmission Line Length (Ckm), 2009–2020 .................................... 76

Figure 29: Synchrophasors, Colombia, Transmission Substation Volume, 2009–2020 ................................... 78

Figure 30: Synchrophasors, Colombia, Volume and Market Size ($m), 2010–2020 ........................................ 80

Figure 31: Synchrophasors, Colombia, Average Price ($/unit), 2010–2020 .................................................... 81

Figure 32: Synchrophasors, UK, Transmission Line Length (Ckm), 2009–2020 .............................................. 84

Figure 33: Synchrophasors, UK, Transmission Substation Volume, 2009–2020 ............................................. 85

Figure 34: Synchrophasors, UK, Volume and Market Size ($m), 2010–2020 .................................................. 89

Figure 35: Synchrophasors, UK, Average Price ($/unit), 2010–2020 .............................................................. 90

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 12 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

Introduction

2 Introduction

2.1 Synchrophasor Overview

Synchrophasors, which are also called Phasor Measurement Units (PMU), have been in use for

many years and are often built into electronic relays and digital functional recorders. They are

primarily used to measure accurately time-stamped voltage and current at numerous sites in a

power grid at a speed of XX times per second. The measurements are synchronized into an

absolute time reference, which is provided by a Global Positioning System (GPS). This provides an

easy way of analyzing values from different sites, and they are used as a wide area measurement

and control tool to visualize an entire power system. When implemented in substation and

generating stations, they can provide critical data that improve grid automation and operation. They

are built as dedicated units or to provide extra functionality in devices such as protective relays and

fault recorders.

Synchrophasor measurements provide the following benefits in terms of facilitating the efficient and

reliable operation of the electric grid:

Grid visualization

Operational monitoring

Power system control

Stability monitoring

State estimation

Fault analysis

The synchrophasor system contains the following components:

Sensors

GPS

Concentrator

Storage/retrieval devices

Time synchronizer

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 13 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

Introduction

Protocol

Network

Processing equipment

Phasor Data Concentrators (PDC) are installed at each substation and at each control center as

part of a hierarchical structure that sends data to the control center. At each PDC, the data that

must be sent and the rate at which data are required to be sent is predetermined. The PDCs can

communicate with each other and with central control via secure gateways.

2.2 Synchrophasors, Enabling Devices

Generally, synchrophasors are available in two configurations. Dedicated synchrophasors are units

that perform only synchronized measurements and send the data to a PDC. In integrated units, the

PMUs are integrated with protection relays and digital fault recorders. The function of synchronized

measurement is part of this unit. Integrated units are the preferred installation method for

synchrophasors, as dedicated units require dedicated space and infrastructure for implementation.

Most system operators prefer integrated units as they can be easily replaced with existing

protection relays and multi-function recorders.

Protective Relays

Relays are the most reliable instruments in the power grid and adding phasor measurement

functionality to them is therefore considered an economical approach. By activating the phasor

measurement capability in relays, the need for additional instruments and wiring is reduced.

Additionally, relays can provide information such as breaker status and relay alarms along with

synchrophasor data.

Disturbance/Fault Recorder

The disturbance/fault recording system records and archives time-stamped disturbance data such

as sequence-of-events data, fault recording data and dynamic disturbance data. Synchrophasors

are also embedded with such fault recording systems and provide both phasor measurement and

fault-recording information.

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 14 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

Introduction

Multi-Function Recorder

Multi-function recorders act as dynamic monitoring systems and perform functions such as

transient recording, phasor measurement, disturbance recording, sequence-of-events recording,

power quality monitoring, and data logging.

2.3 GlobalData Report Guidance

The Introduction provides an overview of synchrophasors and enabling devices.

The Global Market section gives a detailed account of the important factors driving the global

market for synchrophasors, and an overview of the challenges.

The nine chapters that follow provide country-level analysis for each of the nine countries

considered key within this market.

Each country section (chapter) discusses the transmission infrastructure of the respective

country, and provides details such as the smart grid market scenario and critical market

parameters, such as average price and market volume.

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 27 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

China, Synchrophasor Market, 2010–2020

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

5 China, Synchrophasor Market, 2010–2020

China is one of the biggest markets for synchrophasors, which it is implementing as part of its

transmission infrastructure upgrade. The power transmission market in China is expected to be

driven primarily by the large geographical distances between power demand centers and energy-

rich areas, non-unified power grid and insufficient grid capacity, the incorporation of renewable

energy into the grid, and smart grid deployment.

5.1 China, Synchrophasor Market, Transmission Infrastructure

Electricity transmission is currently carried out primarily at the following voltage levels: XXkV,

XXkV, XXkV, XXkV, XXkV, XXkV Direct Current (DC), and XXkV. Most are XXkV lines.

In 2009, the cumulative length of power transmission lines amounted to XX Ckm, which increased

to XX Ckm in 2013. This total length consisted of XX Ckm at XXkV, XX Ckm at XXkV (DC), XX

Ckm at XXkV, XX Ckm at XXkV, XX Ckm at XXkV, XX Ckm at XXkV and XX Ckm at XXkV.

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Synchrophasors in Smart Grid in Key Countries, Update 2014 – Market Volume, Average Price and Market Size Forecasts to 2020 28 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.

China, Synchrophasor Market, 2010–2020

SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

Figure 5: Synchrophasors, China, Transmission Line Length (Ckm), 2009–2020

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Tran

smis

sion

line

leng

th (C

km)

110kV 220kV 330kV 500kV 750kV 800kV (DC) 1,000kV

Source: GlobalData, Transmission and Distribution Database [Accessed on February 4, 2014]

Table 5: Synchrophasors, China, Transmission Line Length (Ckm), 2009–2020

Year 110kV 220kV 330kV 500kV 750kV 800kV (DC) 1,000kV Total

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Source: GlobalData, Transmission and Distribution Database [Accessed on February 4, 2014]

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13 Appendix

13.1 Definitions

13.1.1 Smart Grid

A smart grid is an efficient power grid that delivers reliable and low-cost electricity to consumers

using digital technology. It incorporates advanced technologies such as automated metering

infrastructure, sophisticated communication technologies and advanced storage systems. This

makes it highly responsive to demand and supply fluctuations, with minimal power losses.

13.1.2 Smart Meters

Smart meters are electric meters that record electricity consumption every 15 minutes and

communicate these data to utilities for billing purposes. The meters facilitate two-way

communication between consumers and utilities.

13.1.3 Demand Response

Demand response is a dynamic demand mechanism that monitors and manages customer

electricity consumption according to supply situations. The mechanism can be implemented in

residential, commercial and industrial establishments.

13.1.4 Electric Vehicle

The EV category represents all vehicles that are propelled by electricity. It includes Plug-in Hybrid

Electric Vehicles (PHEV), Hybrid Electric Vehicles (HEV) and Battery Electric Vehicles (BEV).

13.1.5 Distributed Energy Generation Systems

Distributed energy generation systems include technologies such as PV systems, wind turbines,

small-scale hydropower generating systems, and fuel cells, which generate power on a small scale

on the consumer’s premises.

13.1.6 Microgrid

A microgrid is an integrated power delivery system that is composed of distributed energy

resources, multiple interconnected loads and intermediate storage units.

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13.1.7 Smart Cities

A smart city is a collection of smart computing technologies applied to various critical infrastructure

components and services such as city administration, education, healthcare, public safety, real

estate, transportation and utilities in order to improve operational efficiency.

13.1.8 Wide Area Monitoring Systems

Wide area monitoring systems monitor the condition of the grid on a real-time basis with the

assistance of PMUs.

13.1.9 Supervisory Control and Data Acquisition

A Supervisory Control and Data Acquisition (SCADA) system is an industrial computer that is used

to control and monitor the flow of grid data. The system gathers data from monitoring and control

devices that are attached to the power grid.

13.1.10 Synchrophasor

Synchrophasors are devices primarily used to measure accurately time-stamped voltage and

current at a range of locations in a power grid at a rate of 30 times per second.

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13.2 Abbreviations

Table 38: Abbreviations Abbreviation Full form

AC Alternating Current

AER Australian Energy Regulator

ARRA American Recovery and Reinvestment Act

BEV Battery Electric Vehicle

CAC Commercialization Advisor Committee

CAGR Compound Annual Growth Rate

CEA Canadian Electricity Association

CERC Central Electricity Regulation Commission

CHP Combined Heat and Power

CFE Comisión Federal de Electricidad [Federal Electricity Commission]

CIDET Centro de Investigacion y Desarrollo Technologico del Sector Electrico Colombiano [Electrical Sector Research Centre]

Ckm Circuit kilometer

CRE Comisión Reguladora de Energía [Energy Regulatory Commission]

DC Direct Current

DMS Demand Management Systems

DoE Department of Energy

EEI Edison Electric Institute

EV Electric Vehicle

GDP Gross Domestic Product

GW Gigawatt

HEV Hybrid Electric Vehicle

HVDC High Voltage Direct Current

IED Intelligent Electronic Device

km kilometer

kW kilowatt

mi mile

MW Megawatt

NASPI North American Synchrophasor Initiative

NERC North America Electricity Regulatory Commission

OFGEM Office of Gas and Electricity Markets

OMS Outage Management Systems

PDC Phasor Data Concentrator

PHEV Plug-in Hybrid Electric Vehicle

PMU Phasor Measurement Unit

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RLDC Regional Load Dispatch Center

RoW Right of Way

SEMO Single Electricity Market Operator

SGCC State Grid Corporation of China

SIN Sistema Interconectado Nacional [National Interconnected System]

SPDC Substation Phasor Data Concentrator

T&D Transmission and Distribution

TSO Transmission System Operator

USTDA US Trade and Development Agency

UPME Unidad de Planeación Minero Energética [Mining and Energy Planning Unit]

W Watt

WAMS Wide-Area Monitoring Systems

Source: GlobalData

13.3 Bibliography

Agrawal AK and Agarwal PK (2011). Challenges faced and Lessons learnt in implementation of

first synchrophasors project in northern India. Northern Regional Load Dispatch Center.

Accessed from:

http://www.nrldc.org/docs/documents/Papers/Challenges_Final_As%20Submitted.pdf

ARRA (2013). Track the Money. Recovery.gov. Available from:

http://www.recovery.gov/Pages/default.aspx [Accessed on January 14, 2014]

Bai J, et al. (2010). ‘‘China power sector investment may rise 68 pct-report’’. Reuters,

December 22, 2010. Available from http://uk.reuters.com/article/2010/12/22/china-power-

investment-idUKTOE6BL00X20101222 [Accessed on April 30, 2014]

Camargo (2013). Colombia’s Progressive Smart Grid Approach. Siemens AG. Available on:

https://blogs.siemens.com/smartgridwatch/stories/1091/ [Accessed on July 17, 2014]

Cooper Industries (2012). Enhancing Systems Stability Using Synchrophasors. Available from:

http://www.cooperindustries.com/content/dam/public/powersystems/products/grid_automation/r

esources/Enhancing_Systems_Stability_Using_Synchrophasors_PPT.pdf

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SYNCHROPHASORS IN SMART GRID IN KEY COUNTRIES, UPDATE 2014 – MARKET VOLUME, AVERAGE PRICE AND MARKET SIZE

FORECASTS TO 2020

EEI (2012). EEI Survey Shows Transmission and Distribution Investment. Edison Electric

Institute. Available from:

http://www.eei.org/newsroom/pressreleases/Releases/Pages/121220.aspx [Accessed on July

4, 2013]

Eirgrid (2013). North-South 400 kV Interconnection Development. Eirgrid. Available from:

http://www.eirgridprojects.com/projects/northsouth400kvinterconnectiondevelopment/overview/

[Accessed on April 21, 2014]

National Grid (2012). National Grid and ScottishPower Transmission award £1bn contract for

first ever subsea electricity link between Scotland and England. National Grid. Available from:

http://www.nationalgrid.com/corporate/Media+Centre/Press+Releases/Global+Press+Releases

/9Feb2012.htm [Accessed on April 21, 2014]

POSCO (2013). Synchrophasors Initiative in India. Power System Operation Corporation

Limited. Available from:

http://posoco.in/attachments/article/201/Synchrophasors%20Initiatives%20in%20India%20Dec

mber%202013%20-%20Web.pdf

Reuters (2013). UK–Belgium power interconnector to start end 2018. Reuters, January 7,

2013. Available from: http://uk.reuters.com/article/2013/01/07/britain-belgium-electricity-

idUKL5E9C79E220130107 [Accessed on June 20, 2014]

SE (2012). Smarter electricity networks could save £11bn, says report. Smart Energy – The

Informer. Available from: http://smartestenergy.com/News-

Hub/Article.aspx?ArticleID=1313&ArticleTitle=Smarter%20electricity%20networks%20could%2

0save%20%C2%A311bn,%20says%20report [Accessed on March 13, 2014]

SEL (2010). Power Grid Corporation Chooses SEL for India’s First Synchrophasor System.

Schweitzer Engineering Laboratories Inc. Accessed from:

http://www.intelligentutility.com/article/10/01/power-grid-corporation-chooses-sel-indias-first-

synchrophasor-system?quicktabs_6=2 [Accessed on June 20,2014]

Smart Grid, Smart City (2014). About smart grid, smart city. Ausgrid. Available from

http://www.smartgridsmartcity.com.au/About-Smart-Grid-Smart-City.aspx [Accessed on July

13, 2014]

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FORECASTS TO 2020

SmartGrid.Gov (2014). Recovery Act Smart Grid Programs. Smart Grid.Gov. Available from:

http://www.smartgrid.gov/recovery_act/overview [Accessed on July 4, 2013].

13.4 Research Methodology

GlobalData’s dedicated research and analysis teams consist of experienced professionals with

advanced statistical expertise and marketing, market research and consulting backgrounds in the

energy industry.

GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and

Strategic and Competitive Intelligence Professionals (www.scip.org).

All of GlobalData’s databases are continuously updated and revised. The following methodology

has been followed for the collection and analysis of data presented in this report.

13.4.1 Coverage

The global market section provides the technology overview, global market drivers and restraints.

Nine countries, namely, Canada, China, India, the US, Mexico, Colombia, New Zealand, Australia

and the UK are covered. Each country section discusses the transmission infrastructure of the

respective country, details the smart grid market scenario and provides critical market parameters

such as average price and market volume for synchrophasors.

13.4.2 Secondary Research

The research process begins with extensive secondary research using GlobalData's proprietary

databases and external sources.

Investment estimates and market growth rates are determined by taking the following into

consideration:

Statistics and historic trends provided by government bodies, industry associations and

equipment vendors

Utility expansion plans

Government and private sector investment

Government regulations and policies

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GlobalData’s proprietary databases, such as the Capacity and Generation Database and the

Equipment Markets Database

Other insights obtained through secondary research and analysis of company websites, annual

reports, investor presentations, industry and trade journals and association data

13.4.3 Primary Research

GlobalData conducts extensive primary interviews with industry participants and commentators in

order to validate its data and analysis.

A typical research interview fulfills the following functions:

Obtains the interviewee’s perspective on the market size, growth trends, competitive landscape

and future outlook

Validates secondary research findings

Further develop the analysis team’s expertise and market understanding

13.5 Disclaimer

All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any

form by any means, electronic, mechanical, photocopying, recording or otherwise without the prior

permission of the publisher, GlobalData.