China to Include Smart Grid in Five Year Plan

China is drafting a five-year energy plan for 2011 through 2015 which will include smart grid technology as a key industry focus.  An analyst at Essence Securities Ltd has estimated that China may spend up to 68 billion yuan (US$10 billion) annually on implementing a smart grid from 2011 to 2020, or a total of 4 trillion yuan (US$590 billion) on the
overall power grid through 2020.  Stimulus spending on smart grid in 2010 in China is expected to exceed that in the US.   State Grid Corp, China’s largest grid operator, has released standards to regulate the smart grid technology and related equipment production.

A major motivation for smart grid is renewable energy generation.  It has just been reported that China attracted more investment in clean-energy technology in the second quarter of 2010 than Europe and the U.S. combined.  Financing of wind turbines, solar panels and renewable technology in China increased 72 % to $11.5 billion year over year.  Last year China installed 14 GW of new wind power.

Geoff Zeiss

Geoff Zeiss

Geoff Zeiss has more than 20 years experience in the geospatial software industry and 15 years experience developing enterprise geospatial solutions for the utilities, communications, and public works industries. His particular interests include the convergence of BIM, CAD, geospatial, and 3D. In recognition of his efforts to evangelize geospatial in vertical industries such as utilities and construction, Geoff received the Geospatial Ambassador Award at Geospatial World Forum 2014. Currently Geoff is Principal at Between the Poles, a thought leadership consulting firm. From 2001 to 2012 Geoff was Director of Utility Industry Program at Autodesk Inc, where he was responsible for thought leadership for the utility industry program. From 1999 to 2001 he was Director of Enterprise Software Development at Autodesk. He received one of ten annual global technology awards in 2004 from Oracle Corporation for technical innovation and leadership in the use of Oracle. Prior to Autodesk Geoff was Director of Product Development at VISION* Solutions. VISION* Solutions is credited with pioneering relational spatial data management, CAD/GIS integration, and long transactions (data versioning) in the utility, communications, and public works industries. Geoff is a frequent speaker at geospatial and utility events around the world including Geospatial World Forum, Where 2.0, MundoGeo Connect (Brazil), Middle East Spatial Geospatial Forum, India Geospatial Forum, Location Intelligence, Asia Geospatial Forum, and GITA events in US, Japan and Australia. Geoff received Speaker Excellence Awards at GITA 2007-2009.

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