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.
Energy Manager News
- ERC Price Benchmark Trends Week Ending: October 21, 2016
- Could Cleaner Energy Save Ohio Ratepayers $50M in 2030, Alone?
- Yakima City Council Mulls Utility Rate Hike on Large Businesses to Bolster Reserve Fund
- Making Solar Inverters Smarter
- Unlocking the Power of Building Data
- Lockheed Martin Installs the GridStar Storage System at Syracuse Facility
- Schneider Electric Unveils Continuous Efficiency
- Avista Lauds ‘Fair’ Settlement in Idaho Rate Case