620 Million Without Power in India
A power grid failure in India left 300 million people without power yesterday – roughly the population of the United States. Today, that number has jumped to 620 million.
The reason for the outage? Too much demand on a weak grid.
As India’s Power Grid Corporation says, “There was overdrawing of power as the demand peaked. As a result, two to three grids tripped simultaneously.”
The country recently reduced infrastructure spending thanks to the economic slump. But with this many people without power – including some hospitals – perhaps it’s time to invest in smart-grid technology.
WSD Insiders are privy to the perfect company for the job. Matthew Weinschenk alerted subscribers to the company’s potential back in February. Here’s how to see all of his research on the opportunity.