Smart Grids, the ‘next wave’ of massive infrastructure investment is set to be a huge industry. Many organizations and governments are ramping up for the required changes in electricity infrastructure. Smart Grids are creating very attractive opportunities for companies not traditionally associated with electricity; For example tech companies such as Cisco, Motorola and Alcatel Lucent are investing heavily in Smart Grid and Smart Meter technologies and consultancies such as IBM and Deloitte have realised the potential of Smart Grid projects. There are also a multitude of start-up companies in the Smart grid space (such as Greenbox which has been acquired by Silver Spring Networks).
On the topic of the two afore mentioned consulting companies here is some detail which shows how important the two companies perceive Smart Grid projects:
Deloitte: In 2009, SmartGrid companies may generate $25 billion in revenues, and represent the biggest and fastest growing sector in the GreenTech – possibly even the entire – technology market. In late 2008, SmartGrid solutions providers were enjoying 50 percent revenue growth and an 80 percent increase in bookings