SmartGridNews.com The insider's guide to the modernization and automation of electric power
Increased Demand and Industrial Growth Pushing Global Spending on T&D By SGN Staff Aug 24, 2010 - 1:59:10 PM
T&D equipment and services will hit $107 billion in 2010, according to a report from information and consulting services provider Visiongain. The report notes that increased electricity demand and large-scale industrial growth in many countries are driving the market.
Quick Take: Transmission and distribution infrastructure has long been neglected in many countries, so new spending for that reason alone is a given. Growing industrialization in transitional economies and the need to provide transmission lines for often remote sources of renewable energy add to the pressure to spend on T&D infrastructure.
Stay connected with SGN …
Smart Grid Discussions: Get LinkedIn with Jesse
Subscribe to our FREE eMail News Alert!
Smart Grid Newsletter (SGN) is the insider's guide to the Smart Grid revolution. It consists of a FREE bi-monthly email summary, along with a companion Web site that contains the full stories and other helpful materials. Benefits of subscribing: SGN is the only central source for all of the news, trends, research and marketplace information relevant to grid automation. In it, you will read about cutting edge technologies; successful pioneers and how they got ahead; regulatory changes that could unleash new markets; the latest research; and new opportunities for sales of grid-related products and services. © Copyright 2009 SmartGridNews.com |