Australian is right up with the international leaders
With a better understanding of the complexity of the transformation of the electricity industry, the words ‘smart energy’ are becoming more prominent. BuddeComm believes that the term ‘smart grids’ is too narrow and that eventually ‘smart energy’ will become the accepted terminology, especially once the communications developments in national broadband networks and mobile broadband start to converge with smart grid developments.
Smart energy signifies a system that is more integrated and scalable, which extends through the distribution system from businesses and homes, back to the sources of energy. A smarter energy system has sensors and controls embedded into its fabric. Because it is interconnected there is a two-way flow of information and energy across the network, including information on pricing. In addition it is intelligent, making use of proactive analytics and automation to transform data into insights and efficiently manage resources.
This links with the telecoms development known as M2M or the ‘internet of things’ (IOT). For this to happen, various functional areas within the energy ecosystem must be engaged – consumers, business customers, energy providers, regulators, the utility’s own operations, smart meters, grid operations, work and asset management, communications, and the integration of distributed resources.
With energy consumption expected to grow worldwide by more than 40% over the next 25 years, demand in some parts of the world could exceed 100% in that time. This will produce an increase in competition for resources, resulting in higher costs. In an environment such as this, energy efficiency will become even more important.
Quite apart from any increased demand for energy in specific markets, the move to more sustainable technologies such as electric vehicles and distributed and renewable generation, will add even more complexity to operations within the energy sector.
Concerns about issues such as energy security, environmental sustainability, and economic competitiveness, are triggering a shift in energy policy, technology, and consumer focus. This, in turn, is making it necessary to move on from the traditional energy business models.
As a consequence, utilities could end up in a similar situation to the companies that invested in the building of the internet infrastructure – they may own the means of delivering electricity and associated services, but may not be able to take advantage of the new business opportunities that will arise. This will limit their opportunities for future growth.
Another problem will surface when, due to users reducing consumption and producing energy themselves through energy-efficient strategies, the traditional pricing models become inadequate in terms of maintaining the energy infrastructure.
The potential for transformation of the energy industry to smart energy is still at a very early stage. Valuable advances have already been made in some areas, but consensus needs to be reached regarding a collective approach to inter-operability and technical standards.
The report covers all of the major players and their projects, as well as the latest updates on the Smart City/Smart Grid project that will be finalised this year.
Victoria remains the leader in the roll-out of the next generation of smart meters, with over 90% of the roll-out completed by early 2014.
Special attention is given to the M2M or IOT developments, and the arrival of Google (Nest) in this market will shock the industry, similar to how the smartphone did to the mobile industry.
Table of Contents
1. Smart Energy
1.1 Market Overview
1.1.1 Introduction into Smart Grids
1.1.2 New industry visions
1.1.3 Smart grid – consumer issues
1.1.4 Government initiatives
1.1.5 Regulatory framework
1.2 Trends and analyses – moving into 2014
1.2.1 Smart Grids in 2014
1.2.2 Storage technologies making progress
1.2.3 People power in the energy market
1.2.4 Key international Developments
1.2.5 Business analyses
1.2.6 Key Analyses Australia
1.2.7 Key developments Australia
1.2.8 Surveys and statistics
2. Smart Grid
2.1 Major Players and Projects
2.1.1 AGL Energy Limited (AGL)
2.1.3 Aurora Energy
2.1.4 CitiPower and Powercor
2.1.6 Horizon Power
2.1.7 Hydro Tasmania
2.1.9 Network NSW
2.1.11 Power and Water Corporation
2.1.13 SA Power networks
2.1.14 SP AusNet
2.1.15 Telstra moving into smart grids
2.1.17 United Energy
2.1.18 Western Power
2.1.19 Global Intelligent Utility Network Coalition (GIUNC)
2.2 Smart Grid – Smart City Project
2.2.1 Results becoming available
2.2.2 Project led by Ausgrid
2.2.3 Update 2012
2.2.4 Retail Trial
2.2.5 Project Developments and Initiatives
2.2.6 The other Smart Grid-Smart City contenders (Historic)
2.3 Smart Meters - Market Overview
2.3.1 The future of smart meters – analysis
2.3.2 What are Smart Meters?
2.3.3 The road from automated meter reading (AMR) and demand side management (DSM) to smart grids
2.3.4 Communication Networks
2.3.5 World first – prepaid electricity through smart grids
2.3.6 Smart Water
2.4 Smart Meters in Victoria – Case Study
2.4.1 Plan for national smart meter rollout
2.4.2 The rollout of smart meters in Victoria
2.4.3 State Government Reviews
2.4.4 Key lessons learned
2.4.5 Demand management of electric vehicle charging using Victoria’s Smart Grid
3. National Broadband Network – Smart Grids
3.1 Key to Smart Grids is telecommunications
3.2 NBN access for smart utility services
3.3 Smart Grid Australia and the NBN (analyses)
3.3.1 Smart Grid/Smart City and the NBN
3.3.2 Developments between 2011 and 2013
3.4 Projects and Developments
3.4.1 Power and Water Corporation
3.4.2 NBN facilitates wind farm
3.5 How a collaborative approach could work
3.5.2 Exploring synergies and opportunities
3.5.3 Using electricity infrastructure to roll out broadband
3.5.4 NBN and smart infrastructure
4. M2M and The Internet of Things
4.1 Statistical information
4.1.1 Staggering IoT predictions
4.1.2 Market forecast 2015
4.1.3 The first IoT statistics from Telstra
4.1.4 Forecast from Telsyte
4.1.5 Moving mainstream
4.2 Market and Industry Analyses
4.2.1 2014: the year of M2M, but …
4.2.2 Telstra leading the market
4.2.3 The compelling business of M2M
4.2.4 Who will dominate the IoT market?
4.2.5 Telcos and the science of big data
4.2.6 The Internet of Everything
4.3 Key trends and Developments
4.3.1 Deep packet inspection
4.3.2 Ubiquitous Complex Event Processing
4.3.3 Behavioural Attitudinal Geolocation
4.3.4 Lifetime customer relationships
4.3.5 Data analytics solutions
4.4 Change in services driven by Sensing and monitoring information
4.5 Smart Projects
4.5.1 Vehicle tracking
4.5.2 UniSA satellite system
4.5.4 Smart Water
4.5.5 M2M to monitor natural resources
4.5.6 Traffic lights and alarm system go M2M over the NBN
4.5.7 Electricity companies and the Internet of Things
4.5.8 Tsunamis warning system
4.5.9 M2M to save miners lives
List of Table
Table 1– Percentage of respondents that rank specific risks related to smart meters and energy data collection in their top three concerns
Table 2 – Percent of respondents who do not know the answer to the specified question or statement
Table 2 - Machine-to-machine applications and technologies, by dispersion and mobility
Table 3 – Comparison between the use of an iMiEV and a VW Polo Diesel over a 10 year lifecycle.
Table 4 - Smart meter uptake mid 2013
List of Chart
Chart 1 – Best features of an intelligent meter survey – 2010
Exhibit 1 - Essential Energy: Smart Grid in Action
Exhibit 2 – Non-regulated business (telecoms) activities
Exhibit 3- Newcastle
Exhibit 4 – Smart grid applications
Exhibit 5 – Smart air-conditioning control