World Smart Grid sales at installed prices climbed to $36.5 billion in 2012 a growth of 30% on 2011 and M&A activity reached $19.5 billion almost doubling the value of deals in the previous year according to our latest report – http://memoori.com/portfolio/the-smart-grid-business-2012-to-2017/   The report shows that solid progress has been made in the last 3 years to take Smart Grid out of its embryonic stage into its infancy; but other findings show that all is not well. The regulators & policy makers in the developed markets of the world are struggling to find the framework on which Smart Grid can be effectively built and in some cases are losing site of the most important reason for developing a Smart Grid and that is to build a system that will accept as much Variable Renewable Energy (VRE) that is practical to meet the needs of the low carbon economy in the 21st century.   A […]