The smart grid concept is stronger against the market

Distribution network and distribution automation are the end of the power grid system, which is related to the reliability of power supply. This area is the weakest link in China's power grid construction. At present, 80%-90% of the domestic distribution network needs to be reconstructed. The State Grid has previously set up a special working group to raise the smart grid to a strategic height. It is expected that the total investment will exceed 150 billion yuan by 2020.

According to Cui Qiang, investment advisor of Shenyin Wanguo Securities Dalian Sales Department, the accumulated investment in the automation of the State Grid Distribution Network in 2011-2013 is estimated to be around 10 billion yuan. The current investment progress has lagged far behind the original investment plan. According to the information disclosed by the State Grid Corporation of the People's Republic of China, during the 12th Five-Year Plan period, the investment in distribution automation reached approximately 40 billion yuan. Compared with the previous period, the progress has not only been greatly improved, but also the construction scale has increased by more than 30%. The average annual investment scale has been In 2011-2013, the annual growth of about RMB 3 billion will increase to about RMB 15 billion annually from 2014 to 2015, and the industry will experience explosive growth in the next two years. We expect that the relevant technical benchmarks are expected to be introduced during the year, and the distribution network investment plan is expected to be promulgated at the latest by the beginning of next year.