18. August 2015 · Comments Off on Smart Grid Infrastructure Investment in South America: $38.1bn by 2025 · Categories: News · Tags: , , , ,

South America is positioned to be a key market for smart grid infrastructure investment over the next decade. The region’s power sector is plagued by pervasive electricity theft, poor reliability and operational inefficiencies. Utilities in South America are now looking to smart grid infrastructure to solve these problems and large-scale deployments are already underway. The region will invest $38.1bn in modernizing its power infrastructure from 2015-2025, according to a new study published by Northeast Group, LLC.”Brazil is by far the largest market in the region for smart grid investment,” said Ben Gardner, President of Northeast Group. “After several false starts, the country is now beginning large-scale deployments. In just the past year, Brazilian utilities have announced deployments of over 3m smart meters and will invest $25.6bn over the next ten years.”

Source: Smart Grid Infrastructure Investment in South America: $38.1bn by 2025