Does China have a large smart grid market?



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    Yes, and it reportedly has the largest smart grid market in the world. According to the China Elecricity Council, 26.53 percent of energy generated in China came from renewable energy sources. This percentage is likely to increase, as China has a goal to reduce its energy use by 40 to 45 percent from 2005 to 2020. The value of its smart grid market is expected to grow by 29.1% over the next five years.

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