Remove Building Energy Monitoring Remove Business Energy Monitoring Remove Energy Remove Europe
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

Smart gas metering growing fast in Europe

Smart Energy International

The penetration rate of smart gas meters in Europe reached 45% in 2023 and is set to increase to about 62% by 2028, Berg Insight has reported. In 2023 the installed base of smart gas meters amounted to 55.9 million units and at a CAGR of 6.8% is projected to reach 77.6 million units by 2028, Berg Insight’s data indicates.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Leveraging cellular broadband enabled smart meters for reducing energy theft and improving revenue protection for utilities

Smart Energy International

Broadband-enabled smart meters allow real-time measurement and monitoring of electricity consumption in homes, businesses and industrial customers, writes Marcos Aurélio Ribeiro. But how exactly do smart meters using cellular networks turn the tide against energy losses for electric utilities?

article thumbnail

Solar panels may become mandatory on all new buildings in Europe

Envirotec Magazine

The European Commission announced on 18 May that it plans to make the installation of solar panels mandatory for all new public, commercial and residential buildings in the EU. It focused on three distinct pillars: energy savings, diversification of energy supplies, and accelerated roll-out of renewable energy.

article thumbnail

SP Energy Networks orders innovative grid balancing power solution

Smart Energy International

Hitachi Energy has won an order from SP Energy Networks to design and deliver an innovative power quality solution to balance the grid and boost the flow of renewable energy across the UK.

article thumbnail

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.

article thumbnail

Home energy usage data goes under spotlight in UK

Smart Energy International

A new Energy Demand Observatory and Laboratory will gather data on energy usage in UK homes, in order to inform future measures to reduce carbon emissions. Smart meter data – new uses under investigation in GB Unlocking smart meter data for research. Have you read? Data collection. Dynamic research.