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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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34.8 million smart meters in Britain

Smart Energy International

million smart electricity and gas meters were installed in British homes and small businesses, amounting to 61% of all meters, reports the UK Department for Energy Security and Net Zero in their quarterly smart meter update. million were smart electricity meters and 14.5 million smart gas meters.

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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 metering progresses in Europe but 11 countries have barely started

Smart Energy International

Thirteen of the 27 EU countries have now reported completing their smart metering rollouts with penetration greater than 80% but eleven are lagging far behind. Their non-availability is a key barrier to consumers receiving regular and accurate metering data in a timely manner. Have you read?

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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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Enlit Europe: Landis+Gyr to launch smart water meter and grid edge EV chargers

Smart Energy International

Electronics company Landis+Gyr has announced the launch of its latest ultrasonic smart water meters and a grid edge EV charging line. The new tech will be released during Enlit Europe 2022. Join Enlit Europe in Frankfurt and be part of the conversation about the energy transition in Europe and beyond.

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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?