One of the obvious ways in which ICT can contribute to green growth is through the installation of a smart grid. A new estimate suggests that smart grid investment in Asia is expected to reach $171.3 billion by 2017, up from $11.9 billion this year.
As NewNet notes, Korea is seeking to leverage its technology leadership in the IT and communications space to form an advanced smart grid infrastructure within the country, as well as an opportunity to export smart grid technologies around the world..