London (PRWEB UK) 4 May 2014
The combined European annual demand for electricity, gas and water meters is valued at $3.35 billion in 2014. By 2018, annual demand is forecast to increase to $3.99 billion. Europe may be a mature meter market, but it will continue to offer opportunities through traditional replacement and smart meter programmes. By value, the highest demand comes from Italy, with annual demand in excess of half a billion dollars. Then comes France, Spain, the United Kingdom and Germany. These five markets alone potentially represent an opportunity of around $2.1 billion per annum, but only if existing plans come to fruition in a timely fashion.
(Source: MarketResearch.com, 1 April 2014, ‘Electricity, Gas and Water Meters: The European Market Report 2014, Forecasts to 2018 and Long Term Trends to 2050’, http://www.marketresearch.com/StatPlan-Energy-v3953/Electricity-Gas-Water-Meters-European-8122949/#toc)
Against this backdrop, national plans for meeting the EU mandated target for smart meters installation for 80% of consumers by 2020 vary considerably across the continent, with Italy and Sweden having completed physical roll out without fully utilising smart meter functionality. Gas, electricity, and water suppliers face similar challenges in managing existing meter assets and where appropriate planning for the roll out and maintenance of smart meters.
With so many companies, whether they be the energy/water suppliers themselves or meter asset management companies, finding themselves mired in this transitional phase, SMi’s Meter Asset Management and Operations conference will feature an array of case studies from leading European utilities who will detail progress of their own smart meter roll out programmes including National Grid, British Gas, E.ON, Fortum and RWE npower. The two-day programme will provide practical insight on managing the meter assets already held by utilities, and planning for the burst of activity and sizeable workforce increase required to facilitate a smooth roll-out and deliver smart meters into consumers’ homes in a relatively short time frame.
Speakers Panel includes:
To view the full speaker line-up and conference programme, download the brochure at http://www.smi-online.co.uk/meter23.asp.
PLUS - Don't miss the post-conference workshop on taking place on 25th June 2014: UK Smart Meter Roll Out| Led by Vic Tuffen, Technical Director, Tuffentech Services Ltd | 08.30-16.30
With less than 2 years now to the Enduring Phase of the UK Smart Meter Programme, preparations are now moving into a critical phase. The challenges facing any organisation planning to participate at any level in the programme are many and complex. Whether you are seeking to employ and train more meter installers or specify and purchase smart meters, gaining a detailed understanding of the processes involved and the scope of the work is vital. This workshop will equip you with the knowledge and understanding required so that your planning can be underpinned by informed decision making.