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http://xrl.us/bij3ti A new report from Pike Research forecasts that 276 million smart grid communications nodes will be shipped worldwide from 2010 to 2016, with annual shipments increasing dramatically from 15 million in 2009 to 55 million by 2016... this will represent a total industry investment of $20.3 billion during the seven-year forecast period, with annual revenues increasing from $1.8 billion in 2009 to $3.1 billion by 2016..."

Friday, September 16, 2011

9/16/11 Update: Smart Grid stocks rallied in South Korea !!!

"Companies involved in the smart grid business surged by the daily limit after electricity shortages caused widespread blackouts across South Korea.

"The smart grid technology helps store power that can be used in an emergency. If (state utility) KEPCO had stored surplus electricity, there would have been no big confusion yesterday," said Han Seul-kee, an analyst at Woori Investment & Securities."

Re: http://mobile.reuters.com/article/idUSL3E7KG0JF20110916?irpc=932

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