Smart Grid: Boom times ahead for EE and DR, economists conclude

Some interesting news today highlighting predicted growth for the Energy Efficiency and Demand Response markets. A study conducted by a pair of economists concluded that the Energy Efficiency and Demand Response markets are headed for a boom that will last through the year 2020 and beyond. With the country's continued trend of growth in demand outpacing added generation from new power plants this isn't surprising. Combined with the increased costs of generation from renewable sources (solar, wind, etc.) prices are certain to continue rising which will lead businesses and consumers to seek out ways of controlling their energy usage and costs. It's good to see a viewpoint of those markets from a non-industry source especially one with such a bright forecast. For more details and a link to the study click on the link below.

 

Smart Grid: Boom times ahead for EE and DR, economists conclude