Industry's First Commercial Feasibility Report on 5G Network Slicing for Smart Grid
[Shanghai, China, June 24, 2019] Recently, China Telecom, State Grid, Huawei, and IHS Markit jointly released the 5G Network Slicing Enabling Smart Grid: Commercial Feasibility Analysis report.
This was the industry's first analysis of the commercial feasibility of 5G Network Slicing-empowered smart grid from a quantitative perspective. This release marks a new stage of collaboration between operators and China's electric power industry, specifically in the 5G power slicing field. Collaboration spans the technical feasibility verification phase to the commercial feasibility exploration phase.
The report was a joint effort by:
- China Telecom's Intelligent Network and Terminal Research Institute
- China Telecom, Jiangsu branch
- China Telecom, Nanjing branch
- State Grid Jiangsu Electric Power Company and its affiliate Nanjing Power Supply Company
- State Grid Global Energy Internet Research Institute
- State Grid Electric Power Research Institute, Jiangsu branch
- Huawei
- IHS Markit
5G Network Slicing Enabling Smart Grid: Commercial Feasibility Analysis report
Since the joint organization launched the program of 5G electricity slice forward-looking and joint innovation in September 2017, China Telecom, SGCC, and Huawei have launched a series of benchmark cooperation efforts to adopt 5G Network Slicing in smart grids. For example, the three parties jointly released a technical feasibility report entitled 5G Network Slicing Enabling Smart Grid in January 2018, and carried out the first field test of 5G power slicing over a 5G SA Network in April 2019. This time, the three parties joined hands with IHS Markit to release the 5G Network Slicing Enabling Smart Grid: Commercial Feasibility Analysis report. This was the first time they conduct the evaluations of Network Slice tenants' TCOs and carriers' ROIs from a quantitative perspective, and reach the following conclusions:
- 5G power slicing can better fulfill the ubiquitous-access and differentiated network capability requirements of smart grid services.
- 5G power slicing allows significant reduction in the TCO of power communication networks.
- 5G power slicing brings a good return on investment (ROI) for carriers.
China Telecom, SGCC, and Huawei will continue to collaborate and conduct field tests for technical feasibility of power slicing in typical service scenarios, and explore business feasibility and operation feasibility of 5G Network Slicing at the same time, thus laying a solid foundation for adopting 5G Network Slicing in the energy Internet.
Download the report here: Link
