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Global smart grid investment nears $14bn mark

2013-01-25 06:38:01| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Global investment in smart grid technologies climbed seven per cent last year to $13.9bn, led by strong demand in the US and China, according to new figures from Bloomberg New Energy Finance (BNEF). The update, released yesterday, also predicts investment will accelerate in the coming years with the market predicted to almost double by 2018 to $25.2bn at a compound annual growth rate of 10 per cent. The market is dominated by the rollout of smart meters and supporting infrastructure, which...

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Category:Electronics and Electrical

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