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

Smart Energy International

The six suppliers missed the installation targets for 2022 by a total of almost 1.03 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 (US$2.10) Scottish Power – £1.24 million (US$2.10) Scottish Power – £1.24

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326 million smart meters across Europe by 2028 – report

Smart Energy International

The penetration of smart meters across Europe is expected to increase from about 60% in 2023 to 78% in 2028, Berg Insight reports. In the latest Europe smart meter review, Berg Insight reports that at the end of 2023, there were more than 186 million smart electricity meters – an increase of about 4% over 2022.

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Smart meters for prepayment customers lagging in Britain

Smart Energy International

The smart meter rollout for traditional prepayment customers is progressing more slowly than for standard credit customers, Ofgem believes. The letter notes that while the percentage of premises with a smart meter in Great Britain is approximately 60%, this is not the case for prepayment premises. Have you read?

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Hydrogen meters – the next evolution of gas meters

Smart Energy International

Hydrogen meters are under development and testing in the prospect of hydrogen blending into the gas distribution networks for supply to consumers. The reason for modifications, simply, is the different energy characteristics of hydrogen compared to natural gas. Its energy content is about only one-third that of natural gas.

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How to win the Home Energy Management business battle

Smart Energy International

The growth of Home Energy Management (HEM) has led to a burgeoning, heretofore fragmented market, within which rages a business battleground of players large and small. The key to winning, explains Yusuf Latief in Smart Energy International ’s Power Playbook column, will be ownership of customer confidence.

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Smart Energy Finances: Load shifting in the limelight

Smart Energy International

This week’s edition of Smart Energy Finances sees three load shifting investments take centre stage as demand response becomes a more notable priority for utilities the world over. 120 million for Swell Energy’s VPP suite. 120 million for Swell Energy’s VPP suite.

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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.