China Smart Grid Market to Grow at a CAGR of 22.7% over Forecast Period 2015-2019
A smart grid is a power distribution system that is integrated with computer networking and intelligence capabilities. A smart grid enables two-way communication of electricity consumption information between customers and power grids, thereby providing value-added information pertaining to energy demand and energy consumption to end-users and power utilities. It efficiently monitors and controls power flows and manages the load to match real-time or near real-time power generation. One of the most significant features of a smart grid is that it...
View full press release