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Smart Cities Internet of Things Use Case Analysis: Smart Electricity Metering Solutions in China

Smart Cities Internet of Things Use Case Analysis: Smart Electricity Metering Solutions in China

This Market Perspective explores the development drivers, benefits, and challenges of smart electricity metering solutions in China and cites some promotion and regulation policies. Smart grid and smart electricity metering systems keep evolving with technology development, regulatory environment changes, and power demand growth. Technical suppliers need to develop tailored solutions addressing utility companies' key concerns in technology and management, optimize the solutions according to regulatory policy requirements, and adopt new technology to enhance the interaction between users and utility companies. "As the massive deployment of smart electricity metering solutions in China is almost complete, most investments are turning to systems upgrades," says Richard Lu, research manager of internet of things, IDC China. "To accelerate project implementation, technology suppliers need to partner with the systems vendors of utility companies and focus on emerging technologies and security solutions," he adds.

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Executive Snapshot
New Market Developments and Dynamics
Definitions
Electricity Meter
Smart Electricity Meter
Smart Electricity Metering Solution
Background and Drivers
Working Plan of Saving Energy and Reducing Emission for the 13th Five-Year Plan
Draft of Cybersecurity Classified Protection Regulation
Guidance Suggestions on Enhancing Electricity Industry Cybersecurity Work
Guidance Suggestions on Promoting Internet and Smart Energy Development
Electricity Distribution Grid Upgrade Action Plan (2015–2020)
Strategic Emerging Industry Development Planning of the 13th Five-Year Plan
Ecosystem Players
Meter Vendor
Security Chip Vendor
Meter Certification Body
Metering System Vendor
Provincial Utility
Benefits of Smart Metering Solutions
Utilities
Revenue Protection
Faster Metering Process
Billing Accuracy Increase
Bill Payment User Experience Improvement
Accurate Line Loss Monitoring
Asset Predictive Maintenance
Precise Power Supply Planning
Data Asset Accumulation
Cooperate Social Responsibilities
User
Shorter Fault Recover Time
More Convenient Bill Payment
Complete Power Consumption Data
Lower Electricity Expenditure
Government
More Precise Economic Data
Data Support for National Big Data Strategy
Better Regulation on Prohibited Industries
Reduced Carbon Emission
Advice for the Technology Supplier
Focus on Emerging Technologies and Security Solutions
5G and AI
Data Desensitization
Partnership with Utility Companies' System Vendors
Advantages of Utility Companies' System Vendors
Advantages of Technology Suppliers
Develop Solutions for Specific Use Cases
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Synopsis

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