Smart Money Aims to Power the $200 Billion Smart Grid Sector


To date, the primary emphasis in alternative energy investments has been on new ways to create power. But that's changing fast as entrepreneurs dream up new ways to conserve energy and use the existing power grid more efficiently. That's why alternative energy experts and venture capitalists have pegged the so-called smart grid sector as one of the hottest emerging areas for investment. Greentech consulting group Pike Research released a report on Dec. 28 that put the value of smart grid infrastructure investments and technology development at $200 billion between 2008 and 2015.