The Impact of Smart Metering on the Energy & Utilities Market (Market Focus)

Table of Contents

• DATAMONITOR VIEW
  • CATALYST
  • SUMMARY
• ANALYSIS
  • Smart meters have moved beyond AMR and offer a wide variety of functionality
    • The introduction of solid-state meters led to the expansion of AMR
    • Smart meters offer a wealth of functionality that appeals to multiple stakeholders
    • Advanced Metering Infrastructure (AMI) supports the increased functionality of smart metering
    • Residential electricity metering is a priority
  • Legislation is driving implementation but more regulation is needed
    • Smart meter legislation is an important part of the solution to a variety of issues facing governments today
      • Energy Policy Act, 2005 - section 1252 (USA)
      • Energy Conservation Responsibility Act, 2006 (Canada)
      • Energy End Use Efficiency and Energy Services Directive, 2006 - Article 13 (EU)
    • Operational benefits and demand management are also key drivers for other energy stakeholders
    • Further regulation will be necessary to overcome smart metering challenges
      • Avoiding low-cost meters by standardizing assets
      • Ensuring interoperability to avoid ' stranded' assets
      • Regulation and help is on the way
  • Smart metering is expected to have a positive impact on carbon reductions
    • Nordics lead the way but North America is quick on the uptake
    • Evidence suggests that smart metering will help meet government goals
• APPENDIX
  • Definitions
  • Methodology
  • Further reading
  • Ask the analyst
  • Datamonitor consulting
  • Disclaimer
  • List of Figures
    • Figure 1: Key functionalities associated with smart metering
    • Figure 2: The benefits of smart metering accrue across the whole value chain
    • Figure 3: A simplified view of Advanced Metering Infrastructure
    • Figure 4: Percentage of smart meters shipped in 2001
    • Figure 5: Drivers facilitating governmental adoption of smart metering legislation
    • Figure 6: Using Critical Peak Pricing (CPP) to help reduce loads at peak times
    • Figure 7: Smart metering penetration in North America and Europe, 2006-2012
    • Figure 8: Case Study: Enel, Italy
    • Figure 9: Reductions in carbon emissions as a result of smart metering introduction