Smart “Power Web” Is a $65B Market: Report

The market opportunity for a smarter power grid will create a $65 billion industry by 2013, according to a new report out from Lux Research. Lux’s definition of the “power web” market includes smart-metering hardware and software, networking technologies, energy storage (including batteries for both the grid and electric vehicles), flywheels and supercapacitors, and alternative grid-connected power sources, including fuel cells; the definition excludes renewable generation systems like solar, wind and tidal power, or the electric vehicles themselves.

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