"It's not hard to see why I love the smart grid.
It's the future unfolding right before our eyes and it's a pure economic win. So it doesn't get as tangled in the nonsense associated with clean energy sources.
It helps that the CEO of GE (NYSE: GE) has called in the biggest investment of the next 50 years. And that Cisco says it'll be “100 to 1,000 times bigger than the Internet.”
A Bank of America (NYSE: BAC) analyst recently told me they expect 80-140 million meters to be installed in the next 10 years. And they expect total smart grid investment of $215 billion in the next four to five years.
Needless to say, this is going to be huge."
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