Despite all the talk about the Smart Grid, spending on electric power infrastructure has dropped for two straight years for the first time since the Great Depression. According to a new survey by Black & Veatch, many utilities are pulling in their horns to focus on keeping the lights on while keeping their books in the black.
Other interesting findings: Utilities are bullish on nuclear; they expect carbon legislation soon; and they believe a cap and trade plan would add $500-$1,000 to the average homeowner’s electric bill.
via 10* Smart Grid: Survey: Mini-Depression in Grid Spending, and Utilities are Bullish on Nuclear.
Related posts:
- Stimulus Spending for Electric Vehicles and Smart Grids
- Smart Grid Spending On The Rise But Not Enough – Daily Brief – Portfolio.com
- Consumers Bullish on Smart Energy Technology
- The 2010 North American Utility Smart Grid Deployment Survey : Greentech Media
- Obama’s nuclear power plant push: Is there a building boom ahead? – SmartPlanet
