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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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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.

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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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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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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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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.

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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