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South Africa Smart Grid Network Market Outlook - Market Analysis by Components, Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2020 - 2025)

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The number of industries and the consumers in this world are increasing day by day. The power demand for fuelling them will also increase exponentially. Smart grid technology could be the answer for all the problems of power delivery system that the grids across the world are facing today. Smart grid uses the principle of digital technology with power grids to estimate the varied demand and effectively supply without wasting power. This will reduce the dependency of the world on fossil fuels. It will make the power grid.

Several South African municipalities are already running smart grids related pilot projects, and further interest in smart grids is demonstrated by the establishment of the South African Smart Grid Initiative (SASGI) under the South African Energy Development Institute. The SASGI has been set up with the aim of assisting in the development of a smart grid vision for South Africa. Implementation of a national smart grid in South Africa aims to enable 20% sustainable reduction in South Africa’s peak energy demand relative to the 2012 national baseline, 100% grid availability to serve all critical loads as defined nationally and by each utility and improved service delivery and service reliability to customers to achieve a customer satisfaction index that exceeds 80%.

There are various concerns with smart grid technology which include the cost of setting up, privacy concerns and the problem of various systems to work together. With major IT companies like Cisco coming in and innovations in sensors the future of smart grid network looks promising.

Smart grid uses smart meters instead of the mechanical meters to record the power consumed in real time. It also provides a means of communication to interact with the generation plants. The advanced sensors used in this help to avoid congestion and give the grid stability. By using systems like supervisory control and data acquisition (SCADA), fiber optics, energy management systems, and wireless mesh networks the communications between the consumer and the supply station it will help to provide real time control of power supply and also data flow.

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