Japan turning to smart grid technology after tsunami

Sponsored by

Austin, March 15, 2012 — After the March 11, 2011 tsunami caused massive blackouts and a meltdown at a key nuclear power plant in Fukushima, Japan has now started to focus on smart grid technology, according to a report from Zpryme Research & Consulting.

The report, titled "Japan: Tsunami Wakens the Smart Grid," projects that the smart grid market will grow at an annual rate of 63.8 percent from 2011 to 2016 from this year's $1 billion to $7.4 billion, with electricity generation will grow from 1.04 billion kWh to 1.09 KWh.

"Continuing power shortages promise to raise awareness and demand for smart grid implementation," according to the report. The trend will be enhanced by the shift in consciousness of what a smart grid in Japan will encompass."

A total of $1.7 trillion will be invested for electricity modernization over the next 18 years, including investments in advanced transmission infrastructure and smart grid.

Japan's government has ordered Tokyo Electric Power Co. to invite bids for companies to install 17 million smart meters by 2019, an initiative to reduce electric operating costs by $1.3 billion over the next 10 years.

Tepco already has tapped the services of Toshiba, GE, Fuji Electric, Hitachi, Panasonic and Osaki Electric in the Yokohama Smart City Project, one of Japan's four smart cities designed to establish the country as a global leader in designing smart grids, according to the report.

Sponsored by

CURRENT ARTICLES

New York to give low-cost electricity to Amazon, Bausch & Lomb

07/31/2015

The companies announced Thursday have promised to retain more than 1,600 jobs and create more than 730 new ones 

Wind power research now focuses on cheaper, lighter

07/31/2015

Lightweight materials are seeing greater adoption in wind turbine manufacturing as evidenced by patent trends 

The world’s most powerful offshore wind farms

The world’s most powerful offshore wind farms

Duke Energy Progress buys NCEMPA power plants

07/31/2015

NCEMPA's ownership interest in these plants represented about 700 MW of generating capacity

Fort Calhoun nuclear plant returns to full power

07/31/2015

Fort Calhoun sits along the Missouri River about 20 miles north of Omaha 

Vegas-area coal plant owners to pay $4.3 million to settle lawsuit

07/31/2015

At its peak, the four-unit power plant produced up to 557 MW of electricity

Saskatoon to roll out Elster AMI solution

07/31/2015

The city deployed 30,000 digital smart meters from Elster for new and replacement installations

FEATURED ENERGY JOBS
View more Job Listings >>

INDUSTRY STOCKS

ON DEMAND WEBCASTS

Solar + Storage: Capturing Opportunities and Overcoming Challenges

The convergence of solar and energy storage applications is under way. The combined application o...

Storage Enters the Global Stage: What’s the value proposition for your region?

For electricity storage, the events of the last two years have shown that the skepticism around t...

How to deploy mobile forms + devices to speed up field service processes & reporting

Overcoming the pain points associated with any process is much simpler and more cost effective th...

Beyond Integration: Three Dynamics Reshaping Renewables and the Grid

In a unique industry research initiative, DNV GL gathered views from over 1,600 energy sector par...

Engaging the Small and Mid-sized Business (SMB) Marketplace

This session will outline how Duke Energy leveraged Voice of Customer insights, previous experien...

EL&P BUYER'S GUIDE PRODUCTS

Cavitation Peening

AREVA developed its innovative solution for asset management, significantly extending the life of reactor components. Cavitation Peening is a perma...

Nuclear Horizontal Modular Storage (NUHOMS®)

AREVA TN’s NRC-licensed NUHOMS® system ensures the highest safety and lowest dose performance. With no tipping, tripping and sliding, you have the...

Decontamination & Decommissioning

Decommissioning strategy development, cost estimates, plant modifications; system and building decontamination; RV segmentation; large component re...

ATRIUM™ 11 for BWR Fuel

ATRIUM™ 11 design fuel – in operation since 2012 – provides significantly lower fuel rod power levels for power uprate margins, operational flexib...

POWERGRID PRODUCT LISTINGS

EtherMate® Industrial Ethernet - IO Modules

LioN-M ProfiNet device with 16 digital I/O channels, channels can be used universally as inputs or outputs, M12 socket, ro...

OFL280 FlexTester - Handheld OTDR

AFL's OFL280 FlexTester offers an unmatched combination of fiber test functions, ease-of-use, portability, and value.

ADSS Mini-Span® Fiber Optic Cable

AFL Mini-Span® All-Dielectric Self-Supporting (ADSS) cable is designed for outside plant aerial and duct applications in l...

TRM® 2.0 - Test Results Manager PC Analysis and Reporting

Test Results Manager 2.0 (TRM® 2.0) is an all-in-one analysis, viewer and reporting tool designed for use with NOYES fiber...

POWERGRID International

May 2015
Volume 20, Issue 5
1505pg_C1

ELECTRIC LIGHT & POWER

April 2015
Volume 93, Issue 2
1503ELP_C1