Just a couple of years ago, the smart meter and all of its progeny -- smart grid, smart appliances, smart home -- were more of a concept than a tangible conclusion . However, soon this technology will reach its global “tipping point,” defined in Malcolm Gladwell’s best-selling book, released in 2000, as “the critical mass … The boiling point… The moment on the graph when the line starts to shoot straight upwards.”
In fact, a report released by Scottsdale, Ariz.-based NPD In-Stat forecasts that by 2016, more than 75 percent of all U.S. electric meters will be converted to smart meters. And in related news, the research firm reported just a few months ago that, driven in large part by very sizeable deployments, China will deploy 280 million smart meters by 2016.
This will be no small task. Worldwide, there are an incredible variety of electrical systems, as well as a vast maze of utilities managing them. In fact, there are more than 3,000 separate utilities, local governments, and private companies operating America’s electrical grid, alone... Read More
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