Career Outlook
Since 2009, investment in modernization of America’s electric- ity infrastructure has increased dramatically, in large part due to the nearly $8 billion in 99 public-private Smart Grid Invest- ment Grant (SGIG) projects involving more than 200 utilities. These projects have helped push the deployment of smart
meters to approximately 37 percent of the country’s 144.51 million electricity consumers.
In addition to public-private programs like the SGIG, America’s shareholder-owned utilities are projected to spend $54.6 billion on transmission infrastructure from 2012 to 2015, a 32-percent increase over the previous four-year period. Overall grid modernization investments are projected to achieve $130 billion in annual benefits for the U.S. economy by 2019, and the smart grid deployment by utilities in the United States is expected to create $15 billion to $31 billion annually by 2014 in potential sales for the ICT industry.
36 HISPANIC ENGINEER & Information Technology | Fall 2014
www.hispanicengineer.com
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