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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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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?

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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.

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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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Smart Energy Finances: SparkMeter funding, Elia in the US and AI assisting investments

Smart Energy International

This week we look at a $5 million investment into SparkMeter, which provides grid management solutions tailored to emerging markets, an acquisition from Elia Group signalling their entry into the US and insights into how AI can assist with clean tech investments in a constantly changing market environment.

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Technology Trending: New smart electricity and hydrogen meters and US DOE emerging tech office

Smart Energy International

Following earlier announcements of new electricity, water and hydrogen meters another pair of new meters are launched and the US Department of Energy launches an office to focus on emerging technologies in the week’s technology radar. Have you read?

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Mercedes-Benz announces plans for its new eSprinter electric van

Charged

Mercedes-Benz has announced that production of the electric version of its popular Sprinter van will start in the second half of 2023, in both North America and Europe. The new eSprinter is set to launch in the US and Canada in the second half of 2023, and the market launch in Europe will follow towards the end of 2023.