Top Banner

Latest News Slider

GCC Countries Revealed Strong Digital Transformation Efforts in 2022

The latest GCC E-Performance Index 2022 reveals that all countries from the Gulf Cooperation Council (GCC) region have performed exceptionally well, displaying significant progress in digital transformation. As per the…

DEWA's Latest Technologies Enhance Efficiency and Reduce Carbon Emissions

Dubai Electricity and Water Authority’s (DEWA’s) use of the latest innovative technologies contributes to enhancing efficiency at the Jebel Ali Power Generation & Water Production Complex, which is one of…

Smart Electricity Metering Set for Robust Growth in Europe

At a time when Europe is struggling with high electricity bills as a result of reduced energy supplies from Russia, the market for smart electricity meters is set for robust…

DMT: Making Sustainability Top Priority in Abu Dhabi

Abu Dhabi is focusing on stemming the impacts of climate change through various stringent policies and initiatives. Aligning to this objective, the Department of Municipalities and Transport (DMT) has put…

du Joins UAE’s Champions 4.0 Network to Support MoIAT Operations

The Ministry of Industry and Advanced Technology (MoIAT) and du, from Emirates Integrated Telecommunications Company (EITC), signed an MoU during ADIPEC 2022 whereby du will join the UAE’s Champions 4.0…

MMP SCWF 728x90

MENA - Smart Cities - View All

APAC - Smart Cities - View All

Europe - Smart Cities - View All

Americas - Smart Cities - View All

Smart Electricity Metering Set for Robust Growth in Europe

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
Smart electricity metering

The composition of annual smart electricity shipment volumes is expected to change significantly over the coming years, as rollouts in many markets in Western and Northern Europe are now either well-advanced or largely completed. An ongoing trend that is spreading across Europe is the deployment of second-generation smart meters in countries such as Italy, the Nordics, Spain and the Netherlands. Also read:  How Many More Billions Will Europe Have to Throw In to Combat Energy Crisis?

In terms of first-generation projects, the 10 fastest growing market during 2022–2027 will meanwhile all be in Central Eastern and Southeastern Europe – a trend that confirms that focus is shifting away from Western European markets that historically have been the center of attention of the European smart metering market throughout the past decade.

Another ongoing trend, the study notes, is the change related to communications technologies being used for data exchange with the utility back office. The study estimates that standalone wireless connectivity options such as 3GPP-based LPWA will grow their annual share of smart electricity meter shipment volumes from 33% in 2021 to 57% in 2027. Annual European shipments of NB-IoT and LTE-M smart electricity meters are forecast to grow at a CAGR of 18.0% during 2021–2027, from 1.4 million units in 2021 to 3.7 million in 2027, the study notes.

Also read: e& enterprise Supports Etihad Water and Electricity’s Smart Projects