Smart Cities

Analysts are Slashing Their Forecasts; But Smart Grid Will Weather The Economic Storm Better Than Most

This is a very scary time for the world economy as it makes little progress to overcome the aftershock from the 2008 financial meltdown.The future for just about everything is being heavily marked down, so it’s hardly surprising that analysts are giving the thumbs down to the market valuation of Smart Grid players. They are forecasting a sharp decline in utility demand for Smart Grid as they defer spending until the economy picks up. You cannot argue that present economic woes will have a negative impact on the business and will reduce demand but the extent of this will be decided by the ROI on Smart Grid investments and the cash than can be generated from improved productivity and reduction of wasted energy. This is not a 'nice to have' but a 'must have' product. The US could become one of the more difficult markets to trade in because utilities and regulators focus really hard […]

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