In some countries and for some utilities, the business case for smart grid is convincing even without strong regulations. Typically, this is the case if electricity consumption is high and most customers are wealthy, if non-technical loss rates are high, or if electricity prices are high – or typically, a combination of all of these factors. Most of the leading countries score well in both regulatory development and benefit potential. Others, like Nigeria, have poor regulatory frameworks but strong enough benefits to enable future large-scale smart grid deployments. Less commonly, some countries such as China have a strong government push for smart grid despite more limited benefit potential. This study ranks each country by both factors – regulatory development and benefit potential – to determine the strength of smart grid drivers and barriers and likelihood of near-term investments.
The regulatory frameworks of emerging market countries have been scored since 2011. As smart grid markets mature in many developed countries, emerging markets will provide large growth opportunities. But in the near term, many of the largest opportunities remain in developed countries. The Global Smart Grid Regulatory Index widens analysis to include all OECD countries as well as the leading emerging market countries. Combined, these 52 countries will invest $470 billion in smart grid infrastructure from 2016 to 2026.
Key questions answered in this study:
- Which countries have the most developed smart grid regulatory frameworks?
- Which countries have the most smart grid benefit potential?
- What are the key smart grid indicators for 52 leading countries?
- What risk factors could delay deployments in all leading countries?
United Arab Emirates
List of Figures, Boxes, and Tables:
Global smart grid regulatory rankings (map)
Global smart grid regulatory rankings (chart)
Global smart grid regulatory rankings (table)
Smart grid benefit score rankings
Global smart grid potential
Global smart grid potential (by region)
Differences between matrix scoring in Northeast Group’s studies
Regulatory framework criteria methodology
Global electricity prices
Global non-technical loss rates
Global high-income customer %
In addition, each country summary contains one table and one chart, for an additional 104 tables and charts.