Asian smart meter base to hit 350 Million by 2016

22.02.11

Asia Pacific is seeing a sharp increase in smart grid initiatives by utility companies. According to a new report from Pike Research, total smart meter installations in the region will grow at a rate of 37 percent, from 52.8 million in 2010 to over 350 million by 2016.

Pike Research senior analyst Andy Bae said:

“Key objectives are to improve grid reliability and security, improve operating efficiencies of the grid infrastructure, balance power supply and demand, and reduce the electrical system’s impact on the environment.

“To accomplish these goals, key industry players in many countries are making an aggressive push for smart meter rollouts.”

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