Report Predicts 130.5 Million EU Smart Meters by 2016, with Ventures by New ...

A new research report by analyst firm Berg Insight Gothenburg, Sweden, the installed base of smart electricity meters in Europe will grow at a compound annual growth rate of 19.4 percent between 2010 and 2016 to $ 130.5 million at the end of the period. Annual investments in smart metering technology are expected to exceed $ 4.2 billion by mid-2010.

Smart meters help consumers better manage their energy consumption and create financial incentives for energy savings.Moreover, they constitute the basic elements in the future of intelligent networks that will support charging electric vehicles, energy conservation renewable micro-generation and advanced.

The company noted that following major deployments in Italy and the Nordic region, smart meters are being introduced on a massive scale in Spain, France and the UK. "Endesa [Empresa Nacional de Electricidad SA] began with a deployment to 12.9 million customers in Spain and the second largest electricity operator Iberdrola network, will follow," said Tobias Ryberg, senior analyst at Berg Insight.

"ERDF [Electricity Distribution Network France] is awaiting official approval from the government for a national rollout to 33 million customers in France and the UK, the leading energy suppliers, British Gas and E. ON are committed to the deployment of smart meters millions before the start of mass deployment in 2014. At this time there will be massive facilities in other countries like the Netherlands, Ireland and Norway. "

For the first time, there are also plans for major projects in smart meters Central and Eastern Europe.CEZ in the Czech Republic and Poland Energa announced the large-scale pilot as the first step towards full-scale facilities. Energy has the most advanced plan for achieving full coverage for smart meters among its 3 million customers of electricity in 2017. The Czech Republic and Poland are among nations that joined the EU-25-later than the original members.

Coincidentally, the Centre, a Brussels-based Joint Research of the European Commission, the EU internally Science Service also issued a report on the smart grid of the week.Based on a review of 219 projects in intelligent networks throughout Europe, the report reveals that the vast majority of investments to date, amounting to about $ 7.7 billion, were made "in the old Member States" while "the new member states" have tended to lag behind.

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