Politicians and the local energy experts concur that the adoption of smart grid technology for economic and environmental future of the APEC region. The smart grid development and deployment of Advanced Metering Infrastructure (AMI), is to facilitate the supply of electricity to homes and businesses important because it allows the flow of new energy sources and renewable energy for consumers.
Dr. Jerry Ou, Director-General of the Ministry of Economic Affairs, Energy Chinese Taipei, says," The deployment of AMI and the use of renewable energy technologies and smart grids are the possible solutions to the energy crisis and environmental safety. "
AMI is an important component for the development of intelligent networks and usually consists of a smart meter to control a network of communication between smart meters and utility, and a system to the data.
Dr. Tom Lee, president of the APEC Expert Group on Technology and Renewable Energy, agrees. "To move forward we need a new kind of power that is able to provide new energy sources and renewable energy such as wind or solar energy. We need a network that can automate and manage the complexity and the electrical requirements of the 21st the century. "
In 2010 the total value of smart meters was about $ 4.3 billion and is expected to reach about $ 15.2 billion in 2016. China has purchased 48 million smart meters in the last two years and in 2010 Chinese Taipei has announced plans for AMI deployment.