Archive for September, 2009
Berg Insight says 96.3 million European households will have smart meters by 2014
Gothenburg, Sweden – June 29, 2009: According to a new research report from the analyst firm Berg Insight, the installed base of smart electricity meters in Europe will grow at a compound annual growth rate of 16.2 percent between 2008 and 2014 to reach 96.3 million at the end of the period. The strong uptake of intelligent metering puts within reach the EU-wide target that 80 percent of the households should have smart meters by 2020. Providing consumers with detailed information about their electricity consumption, the new generation of meters give customers control over energy costs and create financial incentives for energy savings.
The adoption of smart meters started in Italy and has continued in the Nordic countries where Sweden decided to make smart meters mandatory from July 2009, starting a trend for the rest of Europe. “Today, Sweden has become the first country in the world to achieve 100 percent penetration for smart meters”, said Tobias Ryberg, Senior Analyst, Berg Insight. “In the next years Italy, Ireland, Norway and Finland will follow and by the end of the next decade many more countries including France, Spain and the UK will also have smart meters.”
He adds that some countries are moving slower due to resistance from certain stakeholders. The Netherlands has postponed the rollout of smart meters following a heated debate over the potential risk that remote monitoring of energy consumption would lead to privacy violations and in Germany the government is reluctant to impose what could be perceived as a surveillance technology. “The privacy threat from smart meters is grossly exaggerated”, said Ryberg. “They are opposed because they represent a new technology for collecting information in a time when large groups of people are afraid of the consequences of living in an information based society. Indeed the energy industry has a major responsibility in protecting the privacy of its customers, but first and foremost it must work to create a sustainable energy system in which smart meters are an essential component.”
About Berg Insight
Berg Insight offers premier business intelligence to the telecom industry. We produce concise reports providing key facts and strategic insights about pivotal developments in our focus areas. Our vision is to be the most valuable source of intelligence for our customers.
For additional information, please contact:
Johan Fagerberg, CEO
Phone: +46 31 711 30 91
This video is a commercial from Echelon where they talk about smart cities.
“A complete smart city is one in which there is an invisible network of devices that are smart, they can communicate. And each of these devices can control themselves.”
-Bea Yormark. President and COO, Echelon
“Buildings are the major user of electrical energy. 65% of the electricity is used in buildings.
Just taking building control system and the devices in buildings and making them energy aware and making them intelligent and communicating will reducing the energy by 20-30%. The cost is very little, it will pay for itself very quickly. Echelon makes this open technology and the metering infrastructure but we don’t deliver in use products. We depend on thousands of companies to do that.”
-Ken Oshman. Chairman and CEO, Echelon
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Martin Vesper, Executive Director at Yello Strom GmbH talks about the changing electricity world. He explains how smart meters can help their customers to control the electricity by using an Internet tool that connects directly to the meter and shows the usage in real-time.
The next video shows an installation at a Yello Strom customer.
The last video is showing one way of using a smart meter and Yello Sparzähler online.