Friday, 27 March 2015
Last updated 2 hours ago
Nov 4 2009 | 6:20pm ET
According to a new report from cleantech market research firm Pike Research, more than 250 million smart meters will be installed worldwide by 2015, representing a penetration rate of 18% of all electrical meters by that time, up from 46 million in 2008.
Smart meters, integrating two-way communications with energy measurement, are “the vanguard of smart grid deployments,” said Pike managing director Clint Wheelock in a statement. The new meters, he says are “breaking the traditional 15-20 year meter replacement cycle, and represent an unprecedented effort to add intelligence and communications to electrical metering.”
While Europe is currently the top region for smart meter adoption, North America will become the leading market in 2010, says Wheelock, reaching 55% penetration of all electric meters by 2015.
Pike Research segments the smart meter market into two primary categories: basic meters, which transmit energy usage data over two-way communications networks, and advanced meters, which include basic functionality in addition to remote disconnect and home area networking (HAN) capabilities. Pike forecasts that total smart meter shipments will reach 39.5 million units by 2015, representing a $3.9 billion global market.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…