According to a new report from Pike Research, an expansion of market opportunity for smart grid technologies that enable the integration of renewables is on the rise. Revenue from smart grid renewables integration will reach almost $4 billion in 2012, the clean-tech market intelligence firm forecasts and climb up to $13 billion by 2018. The sector’s compound annual growth rate (CAGR) over those six years will be almost 23 percent.

via Renewable energy integration becoming higher priority for smart grid projects – POWERGRID International/Electric Light & Power.

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