Power and utilities: ready for a smart transformation?
One of the greatest changes to affect power and utilities (P&U) in over 100 years is the implementation of smart technologies.
Worldwide, P&U companies are expected to invest US$200 billion by 2015, upgrading their metering and in some instances their grid infrastructures to be “smart.”
So what is smart? It’s a more technologically advanced way of producing, transmitting and using energy — with smart meters, smart grids and smart homes — that is greener and more secure. Smart has the potential to transform not only P&U’s business strategies but the very composition of the energy sector with new entrants.
See full Press Release.
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