Posted 7:15 AM 03/15/10
"The prospect of China spending $586 billion on building an energy smart grid in the next 10 years sent shares in Japanese tech companies that specialize in energy transmission soaring today, according to Bloomberg. A smart grid delivers power around the country, and has an intelligent monitoring system, which not only keeps track of all the energy coming in from diverse sources, but can detect where energy is needed through a two-way communication system that collects data about how and when consumers use power. It is safer in many ways, including being more resistant to attack and power outages"
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