The Chinese government has committed $7.3 billion to create a more efficient Smart Grid. The investment, $200 million more than that being spend by the United States in 2010, makes China one of the global leaders in smart energy development. The key areas of development include distributed energy generation, renewable energies and improving transmission inefficiencies.
via China and the U.S. Lead Global Smart Meter Trend.
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February 2, 2010
You should always “normalize” investments to the size of the country to allow fair comparison
In Italy (first in the world) every house have a smart meter — i.e. a meter that the utility can read remotely and with some intelligence that allows it to deal with different prices for different time of the day –.
It’s not much, but to the best of my knowledge there is no other country with such a large share of smart meters among residential customers.