Historical Players in the Chinese Smart Meter Market



Several companies producing smart meters already have a presence in China through their conventional meter products. NARI, Landis and Gyr, EPRI, Wasion, Keli and other companies produce for new residences and as replacement meters. These meters are usually placed below ground, unlike meters in the UK and US, for example.
In November 2009 the State Grid held the first auction for 2.9 million smart meters. To date the State Grid has closed two of its planned four tenders for 26 million smart meter units for 2010. The first two tenders cover Shanghai, Congqing and Shenyang. Jiangsu Linyang, Shenzhen Clou Electronic and Wasion were awarded the contract for the first tender, and Wasion has been awarded tenders for the bulk of smart meters to date. In addition Wasion won the bids for the seven power meter and data collection terminal products announced by Guangdong Power Grid, the provincial power company for Southern Power. Other companies that have been awarded tenders are located in mainland China or Hong Kong.
The company signed a strategic framework agreement with Siemens to joint supply the local and overseas market and gain energy performance contacts in March 2010. Therefore, Wasion continued to dominate the domestic market as through its collaboration with Siemens, the company can benefit from economy of scale. It is likely that further smart grid tenders in China will only be awarded to players based in China and Hong Kong.

Smart meter deployment in China was not expected to take off on a large scale until 2011 to 2012. Due to the focus on grid infrastructure in the early stages of smart grid development and scale of deployment planned. Targets set, have yet to be fully achieved, however, the country has made significant investment and progress in the rollout to a scale not matched by other economies. 

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