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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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400,000 smart meter rollout set to go ahead in Cyprus

Smart Energy International

Following a tender review, local press has reported that the Cyprus Telecommunications Authority (CyTA) can proceed with the 400,000 smart meter rollout across the island. In February 2024 Cyprus’s Electricity Authority, the state-owned energy company, awarded the tender for the smart meter rollout to CyTA at a cost of €39.9

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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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Finland’s Vaasa Sähköverkko to instal 65,000 smart meters

Smart Energy International

Vaasa Sähköverkko Oy (Vaasa Electricity Network) has contracted Landis+Gyr for a 10-year smart metering project. The initiative in the Finland west coast city of Vaasa includes the supply and installation of 65,000 smart meters, IoT network communication and a 10-year managed service agreement. Have you read?

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Rollout update: 19.66 million smart electricity meters in GB

Smart Energy International

During 2022, 2.37 million smart electricity meters were installed to bring the total since the rollout began to 19.66 million smart electricity meters installed in 2021, when suppliers accelerated the pace to make up for the time lost during the government-ordered shutdowns of the previous year. Have you read?

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Smart Energy Finances: SMS smart meters lift dividends and €15.1bn EIB green financing

Smart Energy International

This week’s edition of Smart Energy Finances sees Smart Metering Services (SMS) post lifted dividends, citing increased smart meter installations – up to 40,000 per month – and their first grid-scale battery project coming online. SMS strong H1: 40k monthly smart meters and grid-scale battery project.