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CROSS VALUE INNOVATION-CASE STUDY

COMPETITION
BY
PANASONIC & NICHE (IIM-A)
Team Name
SIGMA
National Institute
of Industrial Engineering
(NITIE), Mumbai
Team Members

Priyanci Singh
9930252270
Salil Parashar
9167478967

+91+91-

OBJECTIVE

To forecast the demand of Smart Energy Meter and Prepaid


Energy Meter in India for the years 2015-2018 i.e. for next four
years.

CASE OVERVIEW AND APPROACH


Smart meters can be very successful in India, and there are many opportunities to
improve existing grid systems. Already, several state governments in India have invited
proposals from vendors to implement a smart meter system.
There are some progress in Smart metering across utilities at pilot level, however, there
is a significant infrastructural development and capacity building issues which need to
be addressed before planning a large scale implementation of the project
The Energy Efficiency and the Smart Grid industries will see a rapid growth as the
demand grows for reducing global greenhouse emissions, increasing amounts of
renewable energy integration into the grid and rising prices of fossil fuels.

Studying the present


scenario of Smart Energy
Meter and Prepaid Energy
Meter in India

Role of Government Policies


and Projects in demand
formation & collection of
related data

With Application of various


forecasting tools and
collected data estimating
future demand of meters

BACKGROUNG STUDY
We have studied current smart metering scenario in India focusing on the adoption
scenario and the preparedness of the meter manufacturers and other solution
providers
in India.
for electricity
in India,
government
has takenhave
initiatives
With the tremendous
Fourteen
smart grid demand
pilot projects
in different
distribution
companies
been
to harness the
of by
information
and communication
to plug leakages,
shortlisted
for power
funding
Indias Ministry
of Power, on technologies
the recommendations
of the
improved
efficiencies
create
Smart Grid
for India
which
would
only meet
the
India
Smart
Grid Task and
Force.
The afunding
for these
projects
has
beennot
allocated
in the
future
electricity
needs
the country
five
year
plan which
runsofthrough
2017.but also transform the entire, transmission and
distribution
infrastructure
in the
country.
Name
of Government
Number
India
Smart
Grid Forum (ISGF)
is aofpublic private initiative of the Ministry of Power
electricity Board(states)
consumer
(MoP), Government of India for accelerated development of smart grid technologies in
CESCenergy
(Karnataka)meters 21,800
consumers
Smart
meter) demand, hence directly depend on
the
Indian
power sector. (Prepaid
Andhra
Pradesh
(Telangana)
successfulness of this government
project since the drivers for the smart metering
11,900 consumers
CPDCL
include reduction in meter reading and revenue realization cycle, identification of
Assam PDCL
15,000 consumers
fraudulent practice and necessary correction, reduction of peak demand through
Gujarat VCL
39,400 consumers
systematic load reduction, better customer services, assistance in reduction in grid
Maharashtra
SEDCL
25,600 consumers
At
present,
the
number of smart
energy meters deployed in India, exist in pilot projects
failure.
only, and
is miniscule
and30,500
doesconsumers
not even represent a percent of the total number of
Haryana
BVN
meters,
which
is about 20046,000
million.
Tripura
SECL
consumers
Himachal Pradesh SEB

650 industrial
consumers

Puducherry electricity
department

87,000 consumers

JVVNL (Rajasthan)

2,600 consumers

Chattisgarh SPDCL

500 industrial
consumers

Punjab SPCL

9,000 consumers

Kerala SEB

25,000 industrial
consumers Source: www.indiasmartgrid.org, ISGF Smart Grid Bulletin - Vol 2

INDIAN MARKET ANALYSIS & GLOBAL COMPARISION


The Global Smart Grid market size in 2013 was $151 billion as suggested by ZPryme
Research Consulting This is estimated to reach $200 billion by 2015 at a CAGR of
17.395.
It is known that the Indian Electric Grid infrastructure is very similar to the US
Electric Grid. We expect money spent on modernizing the grid and making it
intelligent (by investing in Communications/IT, Distribution & Storage and Grid
Optimizing) would follow similar patterns as the US.

Around 5.9 million people in the UK have a prepayment


12th Plan (2012 2017) :
energy meter

As per industry reports,


millionDevelopment
smart meters
by 2021.
130
Standards
for Smart
12th India is expected to install
We have assumed
sizeincluding
can be expressed
as a %age
an the India, smart grid market
Grids
EVs
Plthat
12 2010-2015, but with a time
of the US market size
lag due to
lategrid
entry
Installation
of India's
pilot smart
in in
(20from

selected locations
this arena.
National Smart Grid Mission
(NSGM) by Indian Smart Grid Forum aims for Quality
)
7
1
20for
Power on
Demand
All by 2027. Hence the Roadmap set by the NSGM says the
13th
target to Plan
be achieved in 3 phases. These 3 phases
are Plan
divided
on thebasis
of Five
13th
(2017
2022)
: Year
Plan(FY) (2017
Nationwide Smart meter roll out

2022)

14th Plan
(2022
2027)

Exports of SG products, solution


and services to overseas

14th Plan (2022 2027) :

Nationwide Smart meter roll out


Exports of SG products, solution
and services to overseas

Source: www.indiasmartgrid.org, ISGF -Smart Grid Roadmaps of various countries and India

APPLIED TOOLSCONCLUSIONS
FOR DEMAND FORECASTING
Global
Market
Year Global (USD
billion)

INDIA

US v/s
India
India
Smart energy meters can be
smart
US Market
Smart
very successful in India, and
grid
Grid
hence
This Table
the Smartare
market
its shows
manufacturers
US (USD
India Market
India (USD
Grid, GlobalDemand
Market
size as well
a huge
for potential
billion) 2009market *
billion) 2017- going to have
of TheinUnited
Statesyears.
(in USD
2022 as
market2017
wrt US
market
theSmart
coming
21.4 Demand
0%
from 2015
25.7
1%

2009
60%

69.3

2010
50%

89.7

2011
40%

110.1

30

2012
30%

130.5

34.3

2013
20%

151

2014
10%

171.4 5%
1%

10%

38%
37%
5%

1.5

10%

3.4

17%
38.6

17%

6.6

42.8

26%

11.1

26%

2015
0%

200

50

37%

18.5

2016

216.91

53.08

38%

20.4

2017

238.21

57.69
45%
INDIA
Market

25.7

2018

259.51

2009
0% 2010 2011 2012 2013 2014 2015 2016 2017 2018

Value (USD billions)

62.29

51%

market in the coming years.

meter from
0 Demand tillbillion).

The
entire
demand of Smart
2015-18
51% 2018
Energy
This data
is
usedand
to forecast
Meters
Prepaid
0.3
45%

31.6

the
market
sizehas
of India,
asdue
Energy
Meter
arisen
Indian
market size caninitiative
be
to
governments
expressed
percentage Grids
of US
towards as Smart
market
size from 2009- 2015.
Implementation.
We
havedemand
applied Regression
Total
of smart
Analysis
estimate of
energy Method
meter to
because
Indian
market share
till 2018.is
GoIs Smart
Grid project
estimated
This Market
estimation
toshare
be for
319350is
used
to forecast
demand of
consumers
including
both
Smart
Meter
in
second
phase
industrial area and household.of
th
Smart
Grid Project
i.e. 13
FY
Demand
afterwards
follows
plan(2017-2022).
the trend of US Market which
is found to be 31.6 USD Billion
in 2018.

Thank You

Sources: Percentages indicated are reasonable estimates based on needs, size of economy and lag in implementation of the Smart Grid in India; Indias market
size was calculated using the assumed %ages and their corresponding US market sizes.; Source : ZPryme Research consulting ; http://www.zpryme.com