The rise of the smart grid has proven both profitable and controversial largely since its inception, and some new word recently released from Frost & Sullivan suggests that, despite investment that's already strong and growing, it may not be enough to bring the smart grid up to its fullest potential.
The investment in smart grid equipment, including metering equipment and the like, has been substantial by any standard, with 2011 accounting for $27 billion by itself. By 2017, however, that number will skyrocket to $125 billion, which takes the investment from “substantial” to “staggering.” But this metaphorical and objective enormous hike won't be enough to truly enable the smart grid, according to Frost & Sullivan's senior consultant for energy and environment Jonathan Robinson. Read More
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