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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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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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Q&A: Gearing up for smart meter mass rollout

Envirotec Magazine

Smart meters are prominent in water companies’ 2025-2030 business plans, in line with regulatory expectations for large-scale rollouts. What are the key benefits of smart meters for utilities and their customers? What are the key benefits of smart meters for utilities and their customers?

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Smart Meters Set for $30B Gusher of Investment Over Next 5 Years

GreenTechMedia

Utilities around the world will invest around $30 billion over the next five years to install more than 300 million smart meters, bringing many of the world’s most populous countries to full deployment but leaving other parts of the globe with relatively low penetration. billion by 2025, up from $97.4 million in South Korea.

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Smart Energy Finances: SparkMeter funding, Elia in the US and AI assisting investments

Smart Energy International

This week we look at a $5 million investment into SparkMeter, which provides grid management solutions tailored to emerging markets, an acquisition from Elia Group signalling their entry into the US and insights into how AI can assist with clean tech investments in a constantly changing market environment.

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Smart metering progresses in Europe but 11 countries have barely started

Smart Energy International

Thirteen of the 27 EU countries have now reported completing their smart metering rollouts with penetration greater than 80% but eleven are lagging far behind. Their non-availability is a key barrier to consumers receiving regular and accurate metering data in a timely manner. Have you read?

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Greece’s HEDNO to deploy 3.1 million smart meters

Smart Energy International

Greek DSO HEDNO (Hellenic Electricity Distribution Network Operator) is receiving European Investment Bank support for its 3.12 million first phase smart meter rollout. A tender process is currently under way for the award of the smart meter project. Join Enlit Europe in Paris. HEDNO will instal 3.12 Have you read?