Report: smart grid worth $100 billion by 2020

A new report by NRG Expert, a global energy research company, shows the potential of the smart grid market.

According to the report, the smart grid is viewed as a solution due to its ability to detect faults, make repairs, enable a two-way flow of communication and help companies’ better match supply and demand.

Drivers of smart grids include the need to minimize power outages, reduce carbon emissions, integrate renewable energy sources, and reduce energy consumption, says NRG Expert (London).

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