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Echelon Corporation (ELON) Message Board

  • poorfarm01746 poorfarm01746 Jan 1, 2013 10:06 PM Flag

    not good

    Power-Meter Shift to Cut $10 Billion Brazil Market by 50% at Bloomberg09:01pm EST

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    • That was a pretty bullish report, IMO. I have seen reports indicating ~4.5 Million meter installations by 2017 and ~30 Million meters by 2030 ... this report mentions 28 Million meters by 2020 ...

      Did you see this CLASSIC response of Echelon's Andrus ... it's so typical ... everyone in the industry dispairs, except Echelon - always looking for the silver linings and even suggesting a "possible" 100% meter replacement in the coming years. They do seem to have a serious ostrich problem. No kidding.

      "... Brazil may still decide to replace all its meters with smart ones in coming years, said James F. Andrus, vice president of Echelon’s Americas unit. ... “The situation regarding smart meters in Brazil seems to be still in flux,” he said in an e-mailed response to questions. “It appears that there is still an effort under way by the government to replace all of the electromechanical meters with electronic smart meters over the next 10 years. This sounds promising and we will have to see if it continues to gain support.” ..."

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