A smart grid is a greener, safer, more secure and more reliable grid, and the implementation of smart meters will be advantageous for governments trying to achieve the objectives as:
- Emission reductions
- Security of energy supply
- Reducing carbon footprint of the country
- and providing quality service to the end-user.
The advantages of smart meters
The implementation of smart meters will be advantageous for governments trying to achieve the objectives of emission reductions, security of energy supply, reducing carbon footprint of the country, and providing quality service to the end-user. Governments wants to accentuate the installation of smart meters as they foresee better management and efficient usage of energy, which will subsequently foster competition.
Furthermore, growth in smart grid technologies will give rise to smart meters. Smart meters alone are not useful and need to be installed in conjunction with some type of a communication infrastructure to get the data back to the utility. Smart grid technologies include communication networks, advanced sensors, and monitoring devices, which form the foundation for utilities to generate and deliver power, and for consumers to understand and control their electricity consumption. In this context it is worth mentioning that previous blog post by our Director of Telecom & Utilities, Espen Davidsen, who wrote about why smart meters are good for the consumers.
Smart meters help reduce CO2 emissions globally
With technological advancements, the smart meter market is majorly dominated by smart electric meters, as these help to monitor energy usage efficiently and reduce dependence on fossil fuels. Government and other legislative bodies are promoting the installation of smart electricity meters around the world.
Smart meters are mostly seen in residential applications; its installation in residential places helps to reduce CO2 emissions globally, as consumer’s inclination towards peak time energy saving would increase, and the need to supplement extra energy supply at peak time, by switching on fossil fuel plants (which are high CO2 emitters) reduce.
If you want to learn more about cost-effective and a well planned roll-out of smart meters and environmental and operational reliability, that is part of a deployment of a Smart Grid – you can explore this topic further by visiting us at the EUW in Barcelona 15th to 17th November.