Abstract
Overview
Introduction
Smart metering has evolved from traditional Automatic Meter Reading (AMR) and
the new technology offers the potential to benefit the entire value chain of
energy stakeholders. Nevertheless, although driven by a variety of legislative
and commercial factors, success will depend on effective regulation and
guidance from governments.
Scope
- This brief provides an overview on the state of the smart metering market
in Europe and North America
- Attention is given to drivers behind the growth of the smart metering
phenomenon including key legislation that has facilitated it
- The impact of smart metering in terms of penetration and the impact on
reducing carbon emissions is also addressed
- Research comes from online surveys and interviews with vendors and energy
stakeholders
Report Highlights
Smart metering offers a wide array of functionality above and beyond what
traditional AMR metering offers. While there is no consistent definition for
smart metering, key capabilities include near-real time metering, 2-way
communication and demand-side management options.
As a result of the impact on reducing carbon emissions, securing energy supply
and high wholesale prices, governments in many countries have introduced
legislation to enforce smart metering. However, the commercial benefits means
smart metering also appeals to utilities also.
Nordics and North America lead the way on smart metering uptake, however
mid-term growth across Europe is high. As a result, consumer demand for energy
is expected to fall, in turn translating into millions of tonnes of carbon
emissions that can be saved.
Reasons to Purchase
- Understand the issues surrounding the much talked about subject of smart
metering
- Gain insight into what is driving the smart metering phenomenon including
key legislation
- Discover how smart metering varies in different geographical regions
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