Manya Rathore
Research expert covering India
Smart grids in the U.S. - statistics & facts
The rapid expansion of utilities and data centers in the U.S. presents new challenges for smart grid networks. As investments in electricity networks continue to rise, global power grid spending is forecast to shift significantly by 2050, with the Asia Pacific region emerging as the dominate player. An increasingly important element of smart grids is for expanding the use of several technologies, including variable renewable energy sources such as wind and solar, and electric vehicle charging stations. Technologies such as smart meters, which function as multi-directional networks capable of monitoring, measuring, and managing electricity transport, are seen as valuable investments for integrating these technologies into a broader network.
