Smart Grid Market to Peak at $35B in 2013
Revenue from smart grid applications is expected to reach a short-term peak of about $35 billion in 2013, according to a new report from Pike Research.
At about $10 billion in 2009, the smart grid market should be worth about $18 billion in 2010 and rise steadily until 2013, according to the report “Smart Grid Technologies.”
Pike Research puts cumulative global spending on the smart grid from 2008 to 2015 at $200 billion.
The Association of Home Appliance Manufacturers (AHAM) laid out guidelines for establishing a smart grid in a white paper delivered at the Copenhagen Climate Conference. The U.S.-based trade group said smart-grid-enabled home appliances, through a fully functional smart grid, will significantly reduce greenhouse gas (GHG) emissions, and provide better integration and coordination of renewable energy resources.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Bridgewater, MA, Gets $231,000 Efficiency Grant
- Biomass Group Studies Role in Clean Power Plan
- Rockleigh Borough Installing LEDs, Low Energy AC
- PHG to Build Big Gasification Plant for Sevier Solid Waste
- Energy Profile of Commercial Buildings Changing
- Smart Meter Market Surging
- Modular Data Centers Cut Construction Costs
- Failure to Build Energy Infrastructure Could Cost New England $5.4B