SMART UTILITY METERS INSTALL
SMART UTILITY METERS FULL

China has seen a massive deployment of smart meters and has in fact, driven as much as 71 percent of this annual volume.

SMART UTILITY METERS FULL

Pike Research reports that the global full year shipment of smart meters was 73 million in 2011. The deployment of smart meters is fast gaining popularity world-wide.

SMART UTILITY METERS INSTALL

The rollout of smart meters began in early 2000 but took on significance in 2009, when the United Kingdom's Department of Energy and Climate Change announced its objective to install smart meters in all homes by 2020. These smart meters, with In-Home Displays (IHDs) will allow consumers to see and adjust in real time how much energy they are using. This Advanced Meter Infrastructure (AMI) makes smart metering different from the traditional Automatic Meter Reading (AMR). Unlike home energy monitors, smart meters can collect information for remote reporting. It enables a two-way communication between the meter and the central system.

A combination of these factors has led to the development of a new distribution model, the smart grid (with the smart grid technology at the core) that allows generators, suppliers and consumers to be integrated by intelligent control, monitoring and communication of energy consumption.Ī vital component of the smart grid is the smart meter – an energy meter that records the consumption of electrostatic potential energy in intervals of an hour or minutes and communicates this data to the utilities player for billing purposes.

In addition, the industry needs to respond to the challenges of aging infrastructures and new technology. With this as the backdrop, companies operating in the Energy and Utilities sector are facing serious challenges in trying to keep pace with the complexities and the challenges in the business of Energy and Utilities.Īccording to Everest Research, utilities companies are under pressure trying to deal with increased regulatory systems, intensifying competition, and informed and demanding consumers. The world is also waking up to the realization that uncontrolled energy consumption can have adverse effects on the environment. Energy today is much more than a mere natural resource it is considered as a geopolitical, economic and strategic resource.

Smart utility meters