Taiwan's 130 billion investment in smart grid smart meters will become a star industry

According to Taiwan’s “Wang Bao” report, Taiwan will invest RMB 10 billion (NTD) to establish a standard inspection platform and develop the smart meter industry, smart home appliance industry, electric vehicle charging facilities and large-scale energy storage systems. It is expected that the relevant output value is expected to grow from 2011. The 256 billion yuan has risen sharply, becoming the "new trillion dollar industry" in 2030.

On the 19th, at the Smart Grid Development Strategy Forum, the Taiwan Authority’s “Director of Energy for the Ministry of Economy” Ou Jiarui said: “Taiwan has started smart metering infrastructure and plans to reach 80% of the construction target by 2020 and complete construction by 2030. A budget of 100 billion yuan (NTD) will be invested."

Ou Jiarui believes that the smart grid plan can reduce power outage time, reduce line losses, improve power supply bottlenecks, intelligent substations, distribution automation, smart meter infrastructure, reduce carbon dioxide emissions, enhance renewable energy and capacity and smart grid industry 9 benefit. He said that smart grids build integrated power networks with intelligent power generation, transmission, distribution and user integration through technologies such as information, communications and automation, improve the efficiency and reliability of power systems, and promote the expansion of renewable energy sources. Application and energy saving carbon reduction.

It is reported that the Taiwan authorities expect to invest 130 billion yuan in the construction of a smart grid in succession next year. Huang Zhongqiu, Taiwan’s “Minister of Economic Affairs,” said that Taiwan’s industry is “fighting alone” and it is very strong. However, when it comes to system integration, it is necessary to work harder. Smart grids require strong integration capabilities. Therefore, we hope that this will allow Taiwan Power users and users to be more "intelligent," and that Taiwan's related industries will also be actively developed.

After the news broke out, the stock market was positive. The market expects that smart meters will become a star industry, driving Taiwanese manufacturers such as Shidian, Dongyuan, ZTE, and Datong’s electromechanical equipment industries to develop together.