A new study by Frost & Sullivan reports that differing regulations and policies among the EU countries has resulted in a disparity in the deployment of smart meters as countries endeavor to meet EU’s energy targets to be achieved by 2020, including an 80 percent smart meter penetration. But the lack of regulatory consistency is impacting implementation efforts.
In Europe alone (EU23+2) there are some 253 million electricity meters, 109 million gas meters and 3 million district heating meters. ( Berg Insight (2009)) Consequently, meter reading and management of remote meters is one of the core fundamentals of the utility and energy sector.
Smart metering systems, which combine smart gas, electricity meters and visual display units into one metering system, have been installed in more than 18 000 UK homes. Natural gas accounts for more than half of domestic energy usage in many European markets, and therefore, a significant amount of household carbon emissions. With increased global demands for energy, volatile fuel costs and increasing CO2 emissions, the need for smart gas metering has never been greater.
The joint plenary panel discussion has been announced for the POWER-GEN Europe, Nuclear Power Europe and Renewable Energy World Europe 2011 conference. European Power Policy – Can our industry really deliver? takes place on Wednesday June 8 and will examine the range of strategic and technical solutions open to the European power industry in order to comply with the European Union’s energy policy.
The European Telecommunications Standards Institute’s (ETSI) first Smart Grid workshop, held in early April 2011, was attended by over 250 representatives of the energy and ICT industries from Europe, China, Japan, Korea, and North America to address the challenges they face in standardizing Smart Grid technology.
There are two prerequisites for the smart grid: a smart meter to accurately measure information on energy usage at the point of delivery, and consumer tools to control energy consumption. Yet rather than combining the two in a single device, it makes more sense to separate them.
Energy providers are now working flat out to meet tight DECC deadlines and install Smart Meters across the UK. But the key to their success will not be which type of Smart Meter boxes they install, but how they handle the mountain of data unleashed by these sophisticated devices and use this valuable information to help change customer behaviour and meet our green targets. Paul Fitzgerald, Sales & Marketing Director from industry expert Junifer Systems explains how ‘smart’ analysis tools will be the key driver for Smart Meter success.
The Renewable Energy Snapshots 2010 study by the European Commission’s Joint Research Centre (JRC) reports that with regards to the new capacity constructed in 2009, (27.5 GW), among the renewable sources, wind power accounted for 10.2 GW out of the 27.5 GW built, which represents 38 percent of the total. “For the second year in a row, wind energy is the leading electricity generation technology in Europe and the renewable share of new power installations was 62% in 2009,” said the study.
Echelon Corporation has joined the European Smart Metering Industry Group. ESMIG is a resource for European Union member states, regulators, consumers, utilities and others involved in the European smart meter market and related communications.
Remote Energy Monitoring’s V2 multi-mode meter has been approved by the energy industry regulator OFGEM for deployment in millions of UK homes. Additionally, the meter has received MID (Measuring Instruments Directive) approval to be used in all European Union countries.