Telematics Weekly

industry insight, news and interviews paid sponsor: Sancomm, Inc. Free Subscription February 5, 2012

GE Sees $4B Potential in Smart Grids

Within three or four years, GE is poised to reap as much as $4 bil­lion a year in rev­enue from smart grid tech­nolo­gies, said John Krenicki, vice chair­man and chief exec­u­tive of GE’s Energy Infra­struc­ture unit. “It’s going to be a lot like wind. It’s going to take off quickly,” Kre­necki said dur­ing a recent share­hold­ers meet­ing, accord­ing to Reuters.

continue reading…