01 Feb 2010:
China Will Pass U.S. in
Smart Grid Investment in 2010, Study Says
The Chinese government will invest more money in the development of smart grid technology than the United States in 2010
, according to a new market study. China will spend more than $7.3 billion in the form of stimulus loans, grants and tax incentives this year, compared to $7.1 million by the U.S., according to an analysis by Zpryme, a Texas-based research firm. “They’ve got a strong economy to push forward,” said Jason Rodriguez, director of research at Zpryme. China’s emphasis on creating a cleaner and more efficient electricity grid has attracted the attention of major U.S. companies, including General Electric, IBM, and Hewlett Packard, who will push to capitalize on that investment. Last month, G.E. announced a partnership with the city of Yangzhou to develop a smart grid demonstration center to promote its technology in the Chinese market. According to the analysis, smaller nations like France and Great Britain will spend less money on smart grid projects, but are nonetheless “already more advanced in smart grid infrastructure than the U.S.”
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
A look at how acidifying oceans could threaten the Dungeness crab, one of the most valuable fisheries on the U.S. West Coast. Watch the video.
is now available for mobile devices at e360.yale.edu/mobile
An aerial view of why Europe’s per capita carbon emissions are less than 50 percent of those in the U.S. View the photos.
An indigenous tribe’s deadly fight to save its ancestral land in the Amazon rainforest from logging. Learn more.
video series looks at the staggering amount of food wasted in the U.S. – a problem with major human and environmental costs. Watch the video.
Residents of the Chocó Rainforest in Ecuador are choosing to plant cacao over logging in an effort to slow deforestation.
Watch the video.
Tribal people and ranchers join together to stop a project that would haul coal across their Montana land. Watch the video.