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The Smart Money is on Smart Grids
In Asia, the utilities industry is growing at an incredible rate. Investments globally in the sector have lead to more available jobs, predicting the return to pre-recession levels of employment by Q1 2010. However, with such substantial growth comes
“Australia, Singapore and China all have smart grid initiatives underway and Korea has recently announced that it wants its industries to win 30% of the smart grid market globally. The smart grid makes sense for all countries in Asia? “ Rick Nicholson – VP Research, IDC Energy Insights
Estimates vary on how much Asian Utilities are going to be spending to modernize their electricity grids, but the presence of execs from Kepco, PLN, AEI, TNB, EVN and Tata Power at the NGU Summit APAC (hosted by GDS International)
Will Smart Grid Solutions keep driving the ever-growing Asian and Pacific markets, or are things moving at an uncontrollable rate? Will it stabilize the market and maintain high foreign investment under such green pressures from global authorities. Whatever lies in the future, the NGU Summit is where the people that matter will be talking, and is set to be the foundation of any development in the region.