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SmartGrid Transitions chronicles both the technological and professional transitions that will result from re-energizing the world.

Technology transitions are fascinating to observe as well as participate in. This site aggregates a number of sources relevant to SmartGrid technology. Suggestions and comments are always welcome.

Growing a massive new industry will involve significant professional transitions as well. An influx of newcomers such as myself will be needed to start new companies and do new jobs. We are all trying to learn this new space: New acronyms, new business models, new assumptions. Let's do it together!

I thought a trillion dollars for the whole thing was a lot!

Friday, May 29, 2009

(1) Comments

A recent news article really caught my eye. In a previous post, I pointed to a white paper that estimates grid infrastructure upgrades at upwards of a trillion dollars. That certainly seems like a huge sum, and really caught my eye as a bold statement of market size. Here's a company, Mainstream Renewable Power, that's talking about $1.5T for a single project. How does that work? Is this just marketing to create a buzz, establish an expectation of trillions in order to make billions seem cheap? I will keep an eye on this to see whether the story has legs.

Craig

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1 Response to "I thought a trillion dollars for the whole thing was a lot!"

Ed Loessi said :
June 6, 2009 at 10:14 PM
Yep, a trillion dollars isn't what it used to be. It would be interesting to compare the costs to something like building the initial highway system in the 50's that was done in the U.S. in today's dollars. Might give a relative comparison?

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