"Smart grid investment will total $200 billion worldwide by 2015, according to a forecast by Pike Research. This represents billion-dollar opportunities for startups and major companies in everything from home energy management to building controls to lighting systems to demand response. Companies like Siemens, GE, Schneider Electric, LG and Intel are expanding their business to include offerings in home energy management and electric car charging. As the smart, tech-savvy home becomes an increasingly important part of energy and technology companies’ products, Pecan Street is right on one thing: Getting homeowners to like the smart grid will be key."
read More: http://venturebeat.com/2011/03/04/smart-grid-consumers-apps/
China ... plans to invest $600 billion in developing its national smart grid over the next decade" http://xrl.us/bij6yi The EPRI report estimated the cost of upgrading the U.S. grid could range from $338 to $476 billion, up from $165 billion in a 2004 forecast. Benefit estimates have also skyrocketed to a range of $1.2 to $2 trillion, up from $660 billion estimated in 2004.
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