Currently smart grid infrastructure investment is the domain of developed countries, but emerging markets are making headway in this area in order to take advantage of this technology to maximize available energy resources. Whether these countries are using coal, oil, natural gas, hydroelectric power, wind or any other source to generate energy, they have to be able to manage it more effectively. A new study by the Northeast Group, Emerging Markets Smart Grid: Outlook 2014 reveals these countries will be investing $274.9 billion in smart grid technology over the next decade.
The study looked at 45 emerging nations including Brazil, Russia, India, China and South Africa and concluded they will be outpacing developed countries with investments during the forecast period...Read More
Edited by
Ryan Sartor
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