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1 Newton-Evans Research has a new smart grid study out and the numbers guarantee a double take: While North American spending on substation automation is now at more than $500 million, the market potential could hit $10 billion. Newton-Evans thinks the $10 billion cumulative amount could be reached over a roughly 9-12 year rollout of substation automation programs. Everywhere you go, you hear about increased interest in distribution automation and grid applications, partly because more and more utilities have a communications infrastructure in place now. The substation automation subset is being floated by this rising tide, as this study attests. And this is not one of those puffy estimates made by the 20-something MBAs who've rushed into the smart grid space. This is from Newton-Evans, one of the sector's most solid and conservative practitioners.
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