A new report from Memoori Research on the global Smart Grid business, forecasts total expenditure to 2030 and highlights investment and financial activity in the market.
By 2018 the world pure Smart Grid business will need to be running at $155 billion, some 50% larger than the current annual expenditure for all electrical transmission and distribution equipment. This will require major restructuring of both the supply and demand side if a truly "Smart" Grid is to be realized. Our research estimates that $2 trillion will need to be invested globally by 2030. Sales of Smart Grid systems in 2010
By 2018 the world pure Smart Grid business will need to be running at $155 billion, some 50% larger than the current annual expenditure for all electrical transmission and distribution equipment. This will require major restructuring of both the supply and demand side if a truly "Smart" Grid is to be realized. Our research estimates that $2 trillion will need to be invested globally by 2030. Sales of Smart Grid systems in 2010
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