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China's aggressive efforts to modernize its electric grid has dramatically increased Pike's latest smart meter forecast.
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New rules passed last week by the Federal Energy Regulatory Commission may spur renewable energy and give regions access to cheaper power.
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Toshiba has reportedly emerged as the top contender in the bidding war over Swiss smart meter maker Landis & Gyr, leapfrogging several engineering giants, including General Electric, Honeywell and Siemens.
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GE launched a new energy management business today aimed at helping consumers use smart grid technologies to reduce their household energy use.