Storage tech, automation among smart grid's investment hot spots

02/12/2012 | Smart Grid News

Building-automation systems and energy storage are two of the technologies expected to benefit from the proliferation of smart-energy solutions, research has found. According to Pike Research, spending on building-automation solutions will top $146.4 billion by 2021, double what it is today. Meanwhile, the increasing demand for storage will drive investment in next-generation battery and thermal technologies as pilot projects transition to full commercial availability.

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