Asia-Pacific to Emerge As the Next Destination for Smart Grid Investments
A higher proportion of smart grid installations are going to occur in the Asia-Pacific region as the governments in the region take measures to wipe out inefficiencies in their legacy grids. The mounting losses of power in transmission and distribution annually, coupled with the need to end their dependence on imported energy resources, have forced the energy-hungry Asia-Pacific nations to expedite smart grid implementation. This development is extremely crucial for global smart grid vendors as the Western nations face hurdles...
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