Friday, 11 March 2011

Smart Grid Investment in Europe to Total $80 Billion by 2020

By 2020, almost 240 million smart meters will have been deployed in Europe and smart grids are an essential element in realizing the vision of a low-carbon Europe  A new report from Pike Research forecasts that, during the period from 2010 to 2020, cumulative European investment in smart grid technologies will reach $80.3 billion. The cleantech market intelligence firm anticipates that smart grid revenue in Europe will peak at $9.8 billion in 2017 before declining somewhat to $9.1 billion by 2020.

Pike Research

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