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According to analysis by industry insiders, smart grid technology will continue to develop rapidly in the next few years, and the market is expected to reach 73 billion U.S. dollars by 2020. This means that the smart grid technology market will double from the current $33 billion in 7 years. This is mainly because the construction of smart grids is not a simple project, but a huge and complex project. Many complex smart grid projects are also underway.
Smart grid is the main direction in the process of power grid construction or secret reconstruction in China and the world’s mainstream countries. The realization of smart grids is not only intelligent in the transmission process, but also a complete set of intelligent implementation processes, including the terminal of the power grid and intermediate operations. Most devices pose serious challenges for the current power meter instrument industry.
At present, artificial intelligence is a brand-new field of computer applications that use computers to simulate human intelligence. In the future, instrumentation will be further developed and will contain a certain amount of artificial intelligence, that is, to replace part of the human brain work, thus having a certain ability in the visual, auditory, thinking and other aspects. The application of artificial intelligence in modern instrumentation makes it possible not only to solve a class of problems that traditional methods cannot solve, but also to solve problems that cannot be solved by traditional methods. The integration of artificial intelligence and the development of modern instruments and meters, and the creation of smart instruments and meters have important significance for the construction of smart grids.
The vigorous development of the smart grid is also related to the strong support of the domestic government, which creates a good environment for its development. The smart grid is one of the ten key application areas for the development of the Internet of Things industry during the 12th Five-Year Plan period of the country, and has also become the focal point of the 3-5-year development plan for local Internet of Things in all provinces and cities.
Smart grid technology will greatly increase the reliability of power systems, reduce energy losses, delay and reduce the need for new energy sources and loads. This technology is a major change in the power industry and will also promote social, economic and environmental development. It can be seen that the development of smart grid technology in the next few years is also reasonable. This brings opportunities and challenges for distribution network system upgrades, automation of substations and power distribution, smart grid networks and smart meters.
At present, the power system carries out smart grid solutions, some of which are smart meters, and some of which are power system upgrades. It is estimated that by 2020, the installed capacity of smart meters will reach 832 million sets. In the next few years, power companies will replace advanced smart meters.
In addition, according to the report released by MarketsandMarkets, the US market research and consulting company, entitled "Global shipments, types, geographical factors, applications, and regulatory market trends and forecasts for the global smart meter market from 2011 to 2016," the global smart meter market The scale is expected to increase from US$4.381 billion in 2010 to US$15.261 billion in 2016, and the compound annual growth rate from 2011 to 2016 will be 20.8%.