Challenges and Opportunities for Smart Grid in Asia and the Pacific
N. Sakai
Senior Climate Change Specialist Asian Development Bank
Outline
Introducing ADB Issues and Challenges for Smart Grid in Asia and the Pacific Turning the Challenges into Opportunities
The views expressed in this presentation are those of the author and do not necessarily reflect the views and policies of the Asian Development Bank, or its Board of Governors or the governments they represent.
It is a technology that manages the flow of electricity between supply and demand thereby increasing system efficiency and reliability; and allow the integration of renewable energy supply, distributed energy resources and evehicle charging
Battery will play a key role.
Turning challenges into opportunities for smart grid deployment in Asia and the Pacific
Challenge
Lack of knowledge and awareness Appropriate business models Financing requirement Inadequate regulatory and institutional framework
Opportunity
Develop capacity and knowledge and transfer technology Initiate pilot projects to assess feasibility and replication Innovative financing and PPP Governance and sector reforms
Conclusion
Electricity may only comprise 17 percent of final energy use, at present. Its share to global CO2 emissions, however, is substantial at 40 percent because 70 percent of electricity is generated from fossil-fuel sources. Direct and indirect emissions reductions resulting from the introduction of smart grid are estimated at 0.7 Gt to 2.1 Gt of CO2 net annual emissions reductions by 2050.
Smart grids can help address energy security, economic development and climate change impact through the intelligent operation of the electricity network.