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.

article thumbnail

Smart water meters to be installed in Nicosia

Smart Energy International

As part of its Smart Nicosia smart city initiative, the historical capital of Cyprus has started a smart water meter rollout. Under the slogan of ‘Put water in the groove’, the Nicosia Municipality and Nicosia Water Board are partnering in what will be a 150,000 city-wide smart water meter rollout. Have you read?

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

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

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.

article thumbnail

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

article thumbnail

Italgas monitors 8 million smart meters with new assurance solution

Smart Energy International

Network provider Infovista has reported that Italgas has over 8 million connected smart meters under monitoring following deployment of its Ativa automated assurance solution. million people, or about one tenth of the country’s population under the new business name of ‘Nepta’. Join Enlit Europe in Paris. Have you read?

article thumbnail

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.