Grid Digitalization Spending by Region
Source Research:
Digitalization Challenges in Smart Energy Grids: How Can the Industry Catch Up?
Presentation | 13 Nov 2024 | PT-2884
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Global grid digitalization spending will increase from US$66 billion to just under US$152 billion. This represents an increasing share of total grid spending from 20% in 2022 to just under 25% in 2030. While grid digitalization investment in Asia-Pacific has been lagging behind in recent years, it will grow strongly to reach almost US$55 billion in 2030.
Cumulative global grid digitalization spending will reach US$934 billion over the 2022 to 2030 period.
