The US Smart Grid Revolution - KEMA's Perspectives for Job Creation
Description
Produced by consulting firm KEMA on behalf of the GridWise Alliance trade association, this 31-page report estimates the job creation potential of the Smart Grid. It concludes that a disbursement of $16 billion over 4 years could catalyze an additional $64 billion in related projects that could create approximately 280,000 new direct jobs, of which 140,000 would persist long-term. Written to an industry audience, it may be useful not just for its conclusions, but for its explanations of its methodology, which could be applied by any organization seeking to justify Smart Grid expenditures on the basis of economic impact (including those applying for government stimulus funding).
It has taken a while, but more and more observers are calling the Texas "experiment" with retail competition a success... and even suggesting it may be a model for the rest of the country. Is it?