Smart Energy: Regulation, utilities, cleaner & greener

Smart energy: A market picking up momentum

The strong impetus for smart metering remains regulation as it has from the very beginning. Various countries have thus put in place targets for the nationwide deployment of smart meters, although the approach differs from country to country. The utility incumbents are also crucial for the development of smart metering, particularly with the choice of technologies and the approach of implementation.

analystgraph

Although some delays have been observed in a number of deployments, the overal targets are expected to be met as planned. The global installation of smart meters will grow at a stable pace, up from roughly 550 million in 2014 to a total of more than 1.6 billion – across electricity, gas and water – in 2020, at a CAGR of 19.6%. The electricity sector is identified as the core industy for deployment.

As the energy domain is transforming itself to adapt to new challenges such as renewables, electric vehicles and decentralisation, the evolution of smart metering will be seen in various use cases with smart grids. Smart grids, the energy networks that coordinate supply and demand, imply new possibilities both in terms of technical capacities and business offerings, including real-time reconfiguration of the topology of the energy network and alternate pricing mechanisms.

Please note: Analyst Report can only be read by users who have logged in. Registration is free via the form on the right!

Recent Articles

Services firm ISS partners with Haltian to build smart facilities

Posted on: May 29, 2020

Facility services company ISS requires an Internet of Things (IoT) platform that is secure, reliable, and easily scaled and modified to customers’ needs. Finnish IoT and product development company Haltian has already been the main provider of IoT solutions for ISS Finland, and now the co-operation is to be extended globally.

Read more

‘0G’ in the management of epidemics

Posted on: May 28, 2020

The coronavirus epidemic has turned into a pandemic. The lack of hindsight and visibility in the face of increasing numbers of victims and the overloading of emergency services has led to the lockdown of half the planet. This containment impacts and will impact all economies, but even more so the economies of developing countries.

Read more