December 11, 2009 – Assessing the intelligent grid opportunity for North American electric utilities, market research firm IDC found increased interest in smart grid technology, predicting spending to grow more than 15 percent, reaching $17.5 billion, by 2013.
To gauge investments, IDC surveyed more than 80 utilities in the U.S. and Canada, providing a forecast of spending and adoption of the technology across a variety of segments.
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