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
Accepting entries through June 15, 2015.
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 three-part series Tainted Harvest
looks at the soil pollution crisis in China, the threat it poses to the food supply, and the complexity of any cleanup. Read the series.
is now available for mobile devices at e360.yale.edu/mobile
The Warriors of Qiugang
, a Yale Environment 360
video, chronicles a Chinese village’s fight against a polluting chemical plant. It was nominated for a 2011 Academy Award for Best Documentary Short.
Watch the video.
Top Image: aerial view of Iceland
. © Google & TerraMetrics.
, winner of the Yale Environment 360 Video Contest, documents the work of African researchers monitoring wildlife in Uganda's remote Bwindi Impenetrable National Park. Watch the video.