Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. electric grid articles below.
The Infrastructure Investment and Jobs Act includes $7.5 billion in grants for governments to consider public-private partnerships for electric vehicle charging stations, among many other investments.
Nine states and Washington D.C. lead the pack in electricity grid modernization. Navagant Research forecasts that the global Smart Grid as a Service (SGaaS) market, estimated at $1.7 billion in 2014, will grow to $11 billion in 2023.
For the third year in a row, California is the highest-ranked state when it comes to moving toward a modernized electric grid, according to the 3rd Annual Grid Modernization Index (GMI).