Need for Energy Security Powers up Substation Integration and Automation in the Asia Pacific, Finds Frost & Sullivan

Need for Energy Security Powers up Substation Integration and Automation in the Asia Pacific, Finds Frost & Sullivan PR Newswire KUALA LUMPUR, Malaysia, June 14, 2012 - Aging Substations Create Significant Opportunities for Replacement Sales and Retrofits KUALA LUMPUR, Malaysia, June 14, 2012 /PRNewswire/ -- The recent nuclear power plant accident in Fukushima has highlighted the need for energy security in the Asia Pacific. Governments are looking at alternative sources of energy to meet the escalating demand for electricity in the region. Malaysia and Vietnam are targeting a renewable energy contribution of nearly 11 percent and 6 percent respectively to the energy mix by 2015, which will directly stimulate the demand for substation integration and automation. New analysis from Frost & Sullivan (http://www.energy.frost.com), Asia-Pacific Substation Integration and Automation Market, finds that the market earned revenues of US$308.3 million in 2010 and estimates this to reach US$376.0 million in 2015. It is not possible to connect diverse sources of renewable energy without having better visibility and control of the network. The high volatility in power generated from renewable energy sources makes it necessary for utilities to fully automate their grids to achieve higher operational efficiency and reduce the system average interruption duration index.