The U.S. spends 476 billion U.S. dollars to modernize the internal power grid

According to Reuters, the United States is planning to modernize the national grid. It is estimated that this project will cost 476 billion U.S. dollars for more than 20 years. However, according to experts in the photovoltaic industry, it will bring users $ 2 trillion in revenue.

The so-called "smart grid" can not only save energy, reduce costs and improve the reliability of transmission, but also adopt two-way communication mode for control. "The implementation of the smart grid will be a continuous process. With the development of technology and the reduction of costs, it is becoming the most effective way to satisfy energy supply and demand."

World-renowned technology companies such as IBM, GE, ABB, Siemens, Google, Toshiba, Cisco and Microsoft are gearing up to compete for the supply of smart grid infrastructure.