Telecom Providers Spending Big on Distributed Energy
Telecommunications network providers will spend more than $31 billion in distributed generation and energy storage (DG and ES) from this year through 2024, according to Navigant Research.
Power requirements for the growing demands for telecommunications services are driving overall demand for power. In addition, the reliability of these supplies makes distributed assets a favored approach. The report says that DG and ES reduce costs and ensure the systems remain operational. The report adds that the industry’s use of photovoltaics “has mirrored the growth of solar PV in society at large” and now is an accepted energy generation element of remote assets.
Energy has long been a central concern of the cable industry, and energy had a big presence at the Society of Cable Telecommunications Engineers’ (SCTE) Cable-Tec Expo conference last month in New Orleans. An example is Liberty Global, which Multichannel News reports spends $180 million annually on energy issues.
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