09 Dec '11, 6pm

Emerging Smart Meter Market Could Be Worth $49B via @greentechmedia

Emerging Smart Meter Market Could Be Worth $49B via @greentechmedia

Forget about the U.S., Europe, India and even China: the smart grid market is truly global, worth at least $27 billion and potentially $49 billion in emerging countries from Eastern Europe to Latin American to North Africa, according to a new study from Northeast Group. In nearly half of the 25 countries covered in the study, there are already smart grid deployments in the works in the next one to three years. These include Brazil, Bulgaria, the Czech Republic, Hungary, Mexico, Poland, Romania, Singapore, Slovakia, Slovenia, and the United Arab Emirates. For many of the countries, the drivers for smart meters make for a solid business case. Many have far less reliable grids than the U.S. or Europe, and are far below the reliability of countries like Japan or Korea. Latin America leads the group in distribution loss rate, with an average loss of 16 percent. Many suffer from...

Full article: http://www.greentechmedia.com/articles/read/emerging-smar...

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Siemens to Acquire VC-Funded Meter Data Management Leader eMeter via @greentechmedia

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