Oceania has one of the most developed power sectors in the world, with strong utilities, unsubsidized electricity prices, and high rates of per-capita electricity consumption. Combined with high per-capita income and a number of incentives for clean technology, Australia and New Zealand are both well positioned to develop and expand smart grid projects. Indeed, New Zealand has completed a significant majority of its national smart metering rollout, and the Australian state of Victoria has completed its statewide rollout.
So far, regulations in other Australian states and at the national level have been more limited. New Zealand has accomplished its rollout without significant regulations, simply due to positive business case indicators. The rest of Australia is expected to begin AMI deployments in the next 1-3 years, followed by further investment in distribution automation, home energy management, IT, and battery storage. Cumulatively, Australia and New Zealand will invest $6.1 billion in smart grid infrastructure over the next decade.
Key questions answered in this study:
- How large will the smart grid market be across Oceania over the next decade?
- What policies is Australia pursuing to support smart grid development?
- What segments of the smart grid market are poised to increase over the next decade?
- Who are the most active local and international vendors in the Oceania market?
- What are the market shares of vendors in metering hardware, communications and meter data management systems (MDMS)?
i. Executive Summary
1. What’s new in 2017?
2. Oceania smart grid snapshot
3. Oceania smart grid forecast
4. New South Wales
5. Western Australia
7. South Australia
8. Other Australia regions
9. New Zealand
10. Other countries
List of Figures, Boxes, and Tables
Table 1.1: Minimum services required of new meters installed in Australia
Figure 1.1: Smart grid activity in Oceania
Table 1.2: Other smart grid activity in Oceania
Figure 1.2: New Zealand utilities market share
Figure 1.3: Top New Zealand utilities
Figure 1.4: Top Australian utilities
Figure 2.1: Oceania meter market size
Figure 2.2: Oceania smart meter market penetration
Table 2.1: Additional smart grid programs in Australia
Table 2.2: Vendor participation in Victoria’s smart meter rollout
Figure 2.3: AMI market share in Australia
Table 2.3: Vendor participation in New Zealand’s smart meter rollouts
Figure 2.4: AMI market share in New Zealand (full systems)
Figure 2.5: Global electricity prices
Table 2.4: Smart meter benefits so far in Australia
Figure 3.1: Average AMI costs
Figure 3.2: Oceania AMI penetration rate
Figure 3.3: Cumulative Oceania smart grid forecast by segment
Table 3.1: Cumulative Oceania smart grid forecast data by segment ($M)
Figure 3.4: Annual Oceania smart grid forecast by segment
Table 3.2: Annual Oceania smart grid forecast data by segment ($M)
Figure 3.5: Cumulative Oceania AMI forecast by segment
Table 3.3: Cumulative Oceania AMI forecast data by segment ($M)
Figure 3.6: Annual Oceania AMI forecast by segment
Table 3.4: Annual Oceania AMI forecast data by segment ($M)
Table 4.1: New South Wales key stats
Table 4.2: Leading utilities in New South Wales
Table 4.3: Western Australia key stats
Table 4.4: Leading utilities in Western Australia
Table 4.5: Queensland key stats
Table 4.6: Leading utilities in Queensland
Table 4.7: South Australia key stats
Table 4.8: Leading utilities in South Australia
Table 4.9: Other states/territories key stats
Table 4.10: New Zealand key stats
Table 4.11: Leading utilities in New Zealand
Table 4.12: Additional countries in Oceania