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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.

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Europe replaces 50% of electricity meters with smart models

Renewable Energy World

More than half of electricity meters in Europe are now smart, a new report released by Berg Insight has found. The study states that the penetration of smart electricity meters has passed the 50% mark owing to increased investments in grid modernization and digitalization by utilities in the region.

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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 At the end of 2023, 34.8

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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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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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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?

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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.