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Echelon Corporation (ELON) Message Board

  • kenny2b2 kenny2b2 Sep 19, 2012 6:32 PM Flag

    30 million per year in EU

    September 19, 2012 - By 2020, more than 237 million smart electricity meters will be deployed across Europe and almost 90 percent of the installed electricity meters in Western Europe will be smart, according to a new report from Pike Research.

    To achieve this goal, more than 30 million meters will need to be deployed annually during the peak years of activity and major upgrade programs will need to be executed in parallel in Europe’s largest countries, along with many smaller projects in a diverse range of countries and utilities.

    The report says that the adoption of smart metering on this scale across many of the world’s most advanced economies will drive a new wave of technical and market innovation in electricity metering that will have an important impact on the global market.

    With the move to mass deployment comes increasing scrutiny of the benefits of smart meters and their impact on consumers. The critical assessment of the value of smart meters will become more urgent as the next phase of large scale rollouts becomes a reality. The economic crisis in Europe has so far not been a brake on smart meter programs, but it is putting additional pressure on utilities and governments to ensure that the benefits of smart meters are realized and made visible to customers.

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