More than 237 million smart meters deployment in Europe by 2020

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More than 237 million smart meters deployment in Europe by 2020

Greentech Lead Europe: More than 237 million smart meters
will be deployed in Europe by 2020 and almost 90 percent of installed
electricity meters in Western Europe will be smart, says Pike Research.

The adoption of smart metering at this scale across many
of the world’s most advanced economies will drive a new wave of technical and
market innovation in electricity metering that will have an impact across
Europe and on global markets.

“Deployment of smart meters
across Europe will be steady over the next 10 years, with the most intensive
activity between 2015 and 2019,” said research director Eric Woods. “By 2020,
smart meters will be an integral part of the energy infrastructure across the
continent.”

However, the challenges facing the European economy
inevitably cast a shadow over such an ambitious investment program, the report
said. However, so far there has been no significant change in smart meter
programs that can be directly attributed to the crisis in the Eurozone.

While some slowing down of programs has occurred, but
most European countries see the clean technology market as one of the key areas
for future growth and are making the case for smart meter deployments to create
local jobs.

 Smart meter
shipments fells 15% in the first quarter of 2012

Global shipments of smart meters fell to 15.1 million
units in the first quarter of 2012, a 15 percent decline from the fourth
quarter of 2011. According to Pike Research, 17.5 million smart meters were
shipped in 2011. Year-over-year the current decline represents a 14
percent drop from the same period.

editor@greentechlead.com

 

 

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