Distribution Automation Market Investment Scale Will Upgrade

Distribution Automation Market Investment Scale Will Upgrade In the United States, Britain, Japan, and other countries, the investment in power transmission and distribution of power grids is about 1.2 times that of power investment. The distribution network investment is more than double the investment in power transmission grids, while the investment in China's power distribution network is less than half of that in power transmission grids. We believe that under the circumstances that most of the power supply and power transmission line skeletons are basically completed, the focus of China's power investment will gradually shift to the grid intelligence and distribution network construction, and solve historical debts.

The Chinese government and the State Grid Corporation of China attach great importance to the distribution network construction also confirms our view. In its 2013 mid-year work conference, the State Grid mentioned that "the development of distribution network construction is a pressing matter of the moment." The first time the distribution network construction was raised to the highest priority level. The provincial companies in the provinces are formulating the investment plan for 2014 in accordance with the requirements of the State Grid. The focus is on distribution network construction.

Internal demand traction distribution automation investment:

Distribution automation is an indispensable part of distribution network construction. According to statistics, in 2012, China's distribution automation coverage rate was less than 15%, while the level of distribution automation in developed countries reached more than 50%. With the new type of power supply and load directly connected to the distribution network, new technical problems and challenges are brought to the safe and stable operation of the distribution network; on the other hand, from the perspective of power supply reliability, the distribution network system in China has a long history. The way to go. The solution to these problems depends on a high level of distribution automation systems. Strengthening the construction of distribution automation is the inherent demand for power grid development.

The scale of investment is expected to exceed 100 billion:

It is estimated that in the next five years, in the most pessimistic case, the practical distribution automation system will be promoted nationwide with an overall market size of approximately 71.16 billion yuan. The standard model is a neutral assumption, and the investment scale will be 118.6 billion yuan; optimistic scenario To promote integration, the overall investment scale is 177.9 billion yuan. Under the assumption of a neutral investment scale, the average annual investment is 23.72 billion yuan, and the total investment in distribution automation in 2012 is 5.5 billion yuan, and investment growth in the next three years is expected to maintain more than 50%.

Secondary equipment companies to guide the distribution network construction climax:

Since the intelligent transformation of power distribution has relatively high requirements for the system integration capabilities of the corresponding enterprises, large-scale engineering project experience, and hardware and software integration capabilities, only large-scale enterprises that have both primary and secondary equipment and systems for the distribution network can benefit from it. Other companies, such as enterprises that only produce distribution network primary equipment, distribution network secondary equipment and systems, or enterprises that only involve primary distribution network primary equipment, are unlikely to benefit from the large investment in distribution intelligence due to their own level and capabilities. .

Therefore, the distribution automation companies benefit mainly from Xuji Electric and Guodian Nanrui. For Jicheng Electronics and Sifang, due to their strong competitiveness in the field of distribution network automation, after a short- It is hoped that the company will continue to benefit from the development of distribution network construction in the future; various distribution network companies actively develop new products to meet the climax of distribution network construction, and they are also good for the Institute of Electrical Engineering that has access to the “Enrollment Certificate” for new products.

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