Smart Grid technology: Need in India, emerging markets to spur U.S. overhaul?
The following EE Times article cites a new report from Lux Research saying that the market for smart grid infrastructure tech is poised to double in the next five years.
The need for distributed generation, storage and intelligence — to be driven by countries like India — would push up relevant metering hardware and software market to USD4.7 billion by 2013, Lux predicted. The article mainly focuses on the need for the U.S. to overhaul its wasteful existing grid … but it was interesting to see analysts inferring that India’s requirements would grease the wheel for the U.S. to get its Smart Grid act together, as it were. A validation of the role of big developing countries in getting these technologies to economies of scale that can benefit all — and Mother Earth.
See related recent post on Smart Grid moves in China.


