{"id":548025,"date":"2010-04-30T08:22:00","date_gmt":"2010-04-30T12:22:00","guid":{"rendered":"tag:blogger.com,1999:blog-9864176.post-6811693269232382707"},"modified":"2010-04-30T08:22:00","modified_gmt":"2010-04-30T12:22:00","slug":"ge-to-tap-demand-for-smart-meters-in-200-billion-global-market","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/548025","title":{"rendered":"GE to Tap Demand for Smart Meters in $200 Billion Global Market"},"content":{"rendered":"<p>BusinessWeek has a report on GE&#8217;s interest in the smart meter \/ smart grid market &#8211; <a href=\"http:\/\/www.businessweek.com\/news\/2010-04-29\/ge-to-tap-demand-for-smart-meters-in-200-billion-global-market.html\">GE to Tap Demand for Smart Meters in $200 Billion Global Market<\/a>.<\/p>\n<blockquote><p>General Electric Co. is poised to tap the $200 billion smart-meter market as nations upgrade more power meters to improve electricity use and lower costs.<\/p>\n<p>More than a billion electricity measuring units may be changed to \u201csmart meters\u201d in the next two decades, said Luke Clemente, general manager for GE Energy\u2019s digital energy business. A smart meter system may cost $100 to $200 a unit, depending on the technology used, and the business may be worth as much as $200 billion excluding add-on systems and devices, based on calculations from GE data. &#8230;<\/p>\n<p>The company is targeting U.K., Portugal, Spain, Germany and France as the European Union plans to replace 80 percent of their meters by 2020, the Atlanta-based GE official said. Smart grid installations may grow at \u201cdouble digits\u201d every year, he said, without giving details.<\/p>\n<p>The U.S., which announced an $8 billion upgrade to the nation\u2019s grid in October, plans to replace about 40 million of its 120 million meters with smart ones over three years. &#8230;<\/p>\n<p>China, where GE built a smart grid demonstration center in Yangzhou, plans to replace 400 million meters in five years, Clemente said. South Korea, Asia\u2019s fourth-largest energy user, said in January that it may spend about 27.5 trillion won ($24.5 billion) by 2030 building so-called smart power grids.<\/p><\/blockquote>\n<div class=\"blogger-post-footer\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-2189376323632485\";\n\/* 728x90, created 5\/18\/08 *\/\ngoogle_ad_slot = \"3866831776\";\ngoogle_ad_width = 728;\ngoogle_ad_height = 90;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\"\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><img width='1' height='1' src='https:\/\/blogger.googleusercontent.com\/tracker\/9864176-6811693269232382707?l=peakenergy.blogspot.com' alt='' \/><\/div>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/VusWprQ78Y2MRhiG17ltuA70aT0\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/VusWprQ78Y2MRhiG17ltuA70aT0\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/VusWprQ78Y2MRhiG17ltuA70aT0\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/VusWprQ78Y2MRhiG17ltuA70aT0\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BusinessWeek has a report on GE&#8217;s interest in the smart meter \/ smart grid market &#8211; GE to Tap Demand for Smart Meters in $200 Billion Global Market. General Electric Co. is poised to tap the $200 billion smart-meter market as nations upgrade more power meters to improve electricity use and lower costs. More than [&hellip;]<\/p>\n","protected":false},"author":763,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-548025","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/548025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/763"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=548025"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/548025\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=548025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=548025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=548025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}