NewEnergyNews: SMART METER BUSINESS SECTOR RISING

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    Thursday, June 06, 2013

    SMART METER BUSINESS SECTOR RISING

    Smart Meters for Commercial and Industrial Markets; Smart Electric Meters for the Commercial and Industrial Sector, Advanced Metering Infrastructure, and Meter Communications: Global Market Analysis and Forecasts

    2Q 2013 (Navigant Research)

    “…[T]he market for smart commercial and industrial (C&I) electrical meters is gaining traction…as many utilities continue to look for ways to reduce operating costs and provide granular consumption data to valuable C&I customers. C&I customers consume the bulk of energy within a system compared to residential customers, and utilities are motivated to provide them with the latest advanced metering infrastructure technology…

    “New smart meters aid in this effort with increased accuracy, full two-way communication between meters and utility operations centers, near-real-time interval data feeds, power quality monitoring, automated outage detection, and other advanced sensing capabilities.”

    “Driven by customer demand and regulatory requirements, smart C&I meter penetration will grow rapidly through the end of this decade. Smart meter deployments in North America are well underway and will continue at a steady pace…

    “…China is in the midst of a massive deployment of advanced meters, some of which will be installed at C&I facilities. In Europe, regulatory mandates are pushing smart meter deployments that will include business facilities. Navigant Research forecasts that the installed base of smart meters for C&I customers will surpass 114 million by 2020…”

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