Smart Grids: China’s Edge over India

Posted by Joel

BusinessWeek

On the eve of the Copenhagen conference was a two-day meeting in Beijing about the smart grid in China. Check out the Cleaner, Greener China blog for some interesting analysis of the event, which included speakers from companies like IBM, ABB, Alcatel-Lucent and Enel.

Estimates vary on how much the Chinese are going to be spending to modernize their electricity grid, but the presence of execs from those companies is an indication that multinationals see big opportunities to take advantage of Beijing’s smart-grid push. At the same time, companies are also keen on getting a piece of the action in India, where governments are also making ambitious plans to build up smart grids. According to Kristian Steenstrup, research vice president at Gartner, “there’s enormous activity going on in India; every one of the states is simultaneously building up smart grids.”

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