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

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 Moreover, 30.8

Insiders

Sign Up for our Newsletter

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

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

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

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

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.

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.