article thumbnail

Europe replaces 50% of electricity meters with smart models

Renewable Energy World

More than half of electricity meters in Europe are now smart, a new report released by Berg Insight has found. The study states that the penetration of smart electricity meters has passed the 50% mark owing to increased investments in grid modernization and digitalization by utilities in the region.

article thumbnail

Q&A: Gearing up for smart meter mass rollout

Envirotec Magazine

Smart meters are prominent in water companies’ 2025-2030 business plans, in line with regulatory expectations for large-scale rollouts. What are the key benefits of smart meters for utilities and their customers? What are the key benefits of smart meters for utilities and their customers?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hitachi Energy expands German power transformer facility to address demand

Smart Energy International

Hitachi Energy has announced an investment of more than €30 million ($32 million) in the expansion and modernisation of its power transformer manufacturing facility in Bad Honnef, Germany. Expected to be complete in 2026, the project will see the facility expand to over 15,000 square meters.

article thumbnail

Areti surpasses 1 million smart meter milestone in Rome

Smart Energy International

Acea distribution company Areti announced that as of 31 January 2024, one million smart meters were installed on Rome’s electricity grid. The rollout of the Rometrix 2G smart meters was launched in October 2020, with the goal to replace the approximately 1.7 Have you read?

article thumbnail

Smart Meters Set for $30B Gusher of Investment Over Next 5 Years

GreenTechMedia

Utilities around the world will invest around $30 billion over the next five years to install more than 300 million smart meters, bringing many of the world’s most populous countries to full deployment but leaving other parts of the globe with relatively low penetration. Slow smart meter rollout in Germany.

article thumbnail

LEM’s DC meter enables EV fast charging station makers to accelerate deployment

Charged

The US-certified DCBM 400/600 meter takes EV fast charging to another level By Mathieu Beguin, Global Product Manager at LEM With transportation accounting for over 20% of global CO 2 emissions in 2020 and 17% of all greenhouse gas emissions (according to Statista ), decarbonization is essential in this sector.

article thumbnail

Isle of Man: 50,000 smart meter replacements underway

Smart Energy International

A plan to upgrade 50,000 meters into smart meters on the Isle of Man has begun, with the island’s 8,000 key meters as the starting point. The first phase of the rollout involves Manx Utilities’ 8,000 prepayment customers having their ‘key’ electricity meter replaced with a smart meter.