China’s smart meter market potential – 330m meters, $7.7bn
Like every other market segment, China has the potential to become the biggest smart meter market in the world.
According to a report in the China Daily, the State Grid Corp of China now has an addressable market of 300 million potential smart meter users, worth some 50 billion yuan, or roughly US$7.7 billion. In comparison, a recent research report by Pike Research projects a total of 250 million smart meters deployed worldwide by 2015.
Fei Yuhang, a member of the National Standardisation Committee for Electrical Meters and an engineer at Chinese smart meter chip maker, Shanghai Belling Co., says that vast potential market is a huge opportunity for the smart meter manufacturing industry in China.
More importantly, the report revealed that State Grid Corp has already deployed 45 million smart meters, or some 26% of its user base, and is expected to have smart meters to all of its users by 2014.
Fei added that Chinese manufacturers now have an edge over their overseas counterparts because they can produce smart meters for between US$160 to US$300 dollars each, a price point that is hard to match for foreign firms. However, he added that smart meters by foreign companies often offered more advanced features because they collect more information of the user’s consumption.
via: State Grid’s meter market valued at $7.7b.
Category: Global energy, Smart grids
W.H.O. CRUSHES SMART METERS.
Now (May 31, 2011) that the World Health Organization (WHO) has placed the non-ionizing radiation from Wireless smart meters on the Class 2-B CARCINOGEN list, Growth in the Smart meter market may be over.
It may even change to a program to remove previous Wireless meter installations, even a scramble to assign liability if they can associate any of the illnesses in court.
1. WIRELESS SMART METERS – 100 TIMES MORE RADIATION THAN CELL PHONES.
Video Interview: Nuclear Scientist, Daniel Hirsch, (5 minutes).
http://stopsmartmeters.org/2011/04/20/daniel-hirsch-on-ccsts-fuzzy-math/
2. WIRELESS SMART METERS – CANCER, NERVOUS SYSTEM DAMAGE, ADVERSE REPRODUCTION AFFECTS.
Video Interview: Dr. Carpenter, New York Public Health Department, Dean of Public Health, (2 minutes).
http://emfsafetynetwork.org/?p=3946
3. THE KAROLINSKA INSTITUTE IN STOCKHOLM (the University that gives the Nobel Prizes) ISSUES GLOBAL HEALTH WARNING AGAINST WIRELESS SMART METERS.
2-page Press Release:
http://www.scribd.com/doc/48148346/Karolinska-Institute-Press-Release
4. Worst (for business) 4-minute Smart meter VIDEO ever: