
The relationship between the smart grid and renewable energy revolves around gathering data. For example, wind farms use mechanical gears that require each link to support multiple sensors. Each sensor is able to note current climate and environmental conditions. This information is then quickly sent though. . As smart grid technology becomes more promising, both local and federal governments are exploring potential grid improvements. Thailand. . One of the biggest frontiers in electrical engineering today is the development and implementation of smart grid technology. Fueled by the global. . In 2009, the US smart grid industry was valued at about $21.4 billion – by 2014, it will exceed at least $42.8 billion. Given the success of the smart grids in the U.S., the world market is expected to grow at a faster rate, surging from $69.3 billion in 2009 to $171.4 billion by 2014. With the segments set to benefit the most will be smart metering hardware sellers and makers of software used to transmit and organize the massive amount of data collected by meters. [pdf]

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The government has scrapped the incentive tariff rate for solar power and approved a new price of VND1,640 (7.09 cents) a kilowatt-hour for this year.. The government has scrapped the incentive tariff rate for solar power and approved a new price of VND1,640 (7.09 cents) a kilowatt-hour for this year.. On average, the installation cost for a household solar panel system is around 14,000,000 VND. [pdf]
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