Investment In Smart Grid Technology To Reach $46 Billion By 2015

A smart grid is a digitally enabled electrical grid that gathers, distributes, and acts on information about the behaviour of all connected entities in order to improve the efficiency, reliability, economics, and sustainability of electricity services. On Monday the IDC Energy Insights released a report called ‘Worldwide Utility Smart Grid Spending Forecast, 2010-2015’, in which it analysed 14 different smart grid project types across North America, Europe, Asia-Pacific, and Latin America, in an attempt to deduce where investment priorities…

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