24 Oct '11, 8pm

China pours money into smart grid technology:

China pours money into smart grid technology:

Where there are competing international standards, the Chinese will face trade sanctions if they adopt State Grid's proprietary, homegrown solutions as compulsory national standards and blatantly shut foreign technology out of their market. In mobile telecommunications, for example, China developed a homegrown 3G wireless standard, but Chinese regulators had to recognize and issue domestic operating licenses for all of the major international standards , not just the homegrown technology. In the smart grid market, however, international standardization is moving rather slowly, particularly in the United States, and that gives China more leeway to adopt homegrown solutions as their national standards and to leverage their domestic buying power to drive down costs and promote those technology solutions abroad.

Full article: http://www.grist.org/smart-grid/2011-10-24-china-pours-mo...

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