The smart network will set up a virtuous cycle for distributed generators and energy storage devices. It will grow the market by opening up more niches where distributed energy is economically competitive. This growth will lead to economies of scale... Read more

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In 2017 a household with two teenagers will have 25 Internet connected devices. In 2022 this will rise to 50, compared with only 10 today. In households in the OECD alone there will be 14 billion connected devices, up from 1.7 billion today and this doesn’t take into account everything outside the household and outside the OECD. All this leads to the smart world discussed in a new OECD paper.