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Six GB suppliers fined £10.8m for missing smart meter installation targets

Smart Energy International

million smart meters. The six suppliers are British Gas, OVO, Bulb, E.ON, Scottish Power and SSE and they will pay the combined total of £10.8 million) to Ofgem’s Energy Industry Voluntary Redress Fund, which is used primarily to support vulnerable consumers. million (US$2.10) Scottish Power – £1.24 million (US$13.2

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ESB Networks reaches 1.5 million smart meter milestone

Smart Energy International

million smart meters nationwide as part of the National Smart Metering Programme. With this the company is on track to complete the full, over 2 million, smart meter rollout in early 2025. “We We are delighted with the progress to date on the National Smart Metering Programme and achieving the milestone of 1.5

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World’s coal power capacity rises despite climate warnings

The Guardian: Energy

Increase of 2% last year driven by plant expansion in China and slowdown in US and Europe closures The world’s coal power capacity grew for the first time since 2019 last year, despite warnings that coal plants need to close at a rate of at least 6% each year to avoid a climate emergency. Continue reading.

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Prepayment metering appears on the rise in Britain

Smart Energy International

Various evidence suggests prepayment metering in Britain is increasing, most likely due to the energy crisis and rising cost of energy bills. One of these is data on prepayment meter installations presented by the comparison website Uswitch, which was obtained from the regulator Ofgem under a freedom of information request.

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Hydrogen ready smart meter for Italgas

Smart Energy International

Italgas Reti has selected Italian gas meter developer MeteRSIT to design its next generation gas smart meters. The new smart meters will be based on MeteRSIT’s well established thermo-mass technology and will be hydrogen ready, able to measure not only natural gas but also blended and pure hydrogen and other gases such as biomethane.

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2024 Energy predictions: Rapid transformation, personalised AI propositions and a smart meter boom

Smart Energy International

2023 was a big year in energy – wholesale prices fell from their record highs, renewable energy generation has continued to grow at pace, and AI has been the word on everyone’s lips. We saw this happen in the UK market and are now witnessing it in other parts of Europe and Australia.

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Britain’s smart meter programme – more needs to be done

Smart Energy International

Britain’s smart meter programme has failed to hit targets and secure public support, the parliamentary Public Accounts Committee (PAC) has reported. In that period the deadlines have been pushed back three times and the targets reduced from “all homes and small businesses” to have smart meters by the target date to the current 74.5%