Published: 10 March 2011
Smart grids can bring great improvements in how we manage our energy supplies, but they require huge initial investment, says Bob Gilligan, vice-president of GE Energy in an interview with EurActiv.
Bob Gilligan is vice-president of 'Digital Energy' business at GE Energy Services, which aims to provide integrated smart grid solutions for electric utilities. Smart grids refer to the marriage of information and automation technologies with existing electrical infrastructure.
Read more: http://www.euractiv.com/en/energy/ge-energy-smart-grids-give-good-pay-back-interview-502440
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..."
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