article thumbnail

34.8 million smart meters in Britain

Smart Energy International

At the end of 2023, 34.8 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

article thumbnail

Technology Trending: Enlit Europe 2023 edition – smart meters, standards, IoT and circularity

Smart Energy International

New electricity, water and hydrogen smart meters, DLMS and LoRa standards developments, and new studies on circularity and IoT are on the week’s technology radar. The new smart meter also is interoperable with third-party vendor solutions, allowing backward compatibility and integration with existing installations.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

article thumbnail

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.

article thumbnail

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?

article thumbnail

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?

article thumbnail

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?