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India & Smart Grid

Given the rapid growth of India, there’s a heavy focus on driving increased efficiencies, demand management, and renewable integration. Some India fast facts:

  • India requires 100,000 MW of additional generation capacity in the next six years;
  • Electricity sector investment is expected at over $400b (USD) in the same time period;
  • 2,500 MW of renewable power will be added to India’s grid annually.

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Asia - The New Smart Grid Frontier
  • The Asian Smart Grid market will reach $22.2 billion by 2015 (NanoMarkets);
  • China and India will account for 75% of the Asian Smart Grid market in this same time period (NanoMarkets);
  • South Korea intends to have a Smart Grid system by 2030;
  • Japan’s shift to renewable power is expected to require $74 billion by 2030 (Japan’s Ministry of Economy, Trade and Industry).

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