The role of smart grid infrastructure is a vital – and often underappreciated – aspect in the shift to more sustainable energy sources. While clean energy technologies such as solar, wind, and EVs get the bulk of media and public attention, it is the grid that is the great enabler of the energy transition.
Ageing infrastructure combined with this huge increase in demand for power means there is a need to modernise the electricity supply chain. As a result, companies involved in the grid and electric infrastructure sector are set to benefit. Highlighting this, the global smart grid market is forecasted to be worth around $163bn by 2030, up from $30bn in 2021, according to Precedence Research.
This webinar explored how smart grid infrastructure is needed to cope with the huge increase in electric power usage, the role of the sector in the shift to clean energy and the advantages of accessing this theme through the ETF wrapper.
Gregg Guerin, Senior Product Specialist, First Trust
Ron Pernick, Managing Director, Clean Edge
Tom Eckett, Editor, ETF Stream