According to a new report by IDC Energy Insights, a research-based advisory and consulting firm, the global smart meter industry shipped nearly 7.0 million meters in the first quarter of 2012. Shipments were up 28.8% year over year with shipments projected to grow 111.3% on an annual basis from 2011 to the end of 2012.
On Monday, Sprint announced M2M agreements with Metrum Technologies, LLC, a developer of cellular-based communication for AMI and smart grid applications, and Tollgrade Communications Inc., a provider of network assurance services for the utility and telecom industries.
Sensus, a provider of smart grid infrastructure technologies for electric, gas and water utilities, last week announced it has invested $6.5 million for a 15% stake in Navetas Energy Management in order to have exclusive rights to market its technology in the United States.
Navetas’s (Suffolk, U.K.) patented energy management software allows consumers to monitor the electricity consumption of discrete devices on their premise.
The City of Barrie, Ontario is saving $600,000 to $1 million annually since launching its smart grid for water project. The project involved installing the Sensus FlexNet fixed-base wireless communications system and equipping all of its 42,000 residential water meters and 2,500 commercial and industrial water meters with radio transmitters, says Sensus.
Fitch Ratings, a global rating agency, expects smart meters will play a growing role in federal and state regulatory and political policymaking, future retail rate design and system reliability standards, according to a report published last week.
Telefónica O2 UK last week announced that they signed a multi-million pound contract with international security solutions group and major UK smart meter operations service provider G4S Utility Services (G4S) to simplify the remote management and monitoring of the O2 UK’s national smart meter network.
New standards that will enable cost-effective smart grid applications such as distribution automation, smart meters, smart appliances and advanced recharging systems for electric vehicles have entered the final stage of approval at ITU.
The G.hnem standards (ITU-T Recommendations) address several smart grid applications such as distribution automation, advanced metering infrastructure (AMI), demand side management (DSM), grid-to-home communications, home/building energy management, home automation, vehicle-to-grid and vehicle-to-charging station communications.
Korea Electric Power Corp. (Seoul), South Korea's number 1 electricity producer, has announced it plans to invest $1.8 billion (2 trillion won) over the next five years in a smart grid. The project is part of a larger government initiative to reduce carbon emission. The South Korean government has previously mentioned that state and private spending on smart grid infrastructure could reach nearly $21 billion by 2030.
Dilip Rahulan, Chairman and CEO of Pacific Controls (Dubai, UAE), offered a number of key insights during an M2M Zone panel discussion yesterday at CeBIT. The company's home territory is a leader in the uptake of machine-to-machine connectivity.
Already, Pacific Controls has connected a whopping 60,000 buildings with M2M services, at an explosive rate of 120 buildings per day, according to Mr. Rahulan. He believes the overall infrastructure boom in Dubai is largely to thank for the echo-boom in M2M. As a result, projections for 2015 uptake have already been exceeded today.
M2M applications that take advantage of LTE networks will dominate this year's CeBIT, said Norbert Handke, CEO of ITS Network Germany (Brussels, Belgium), in an exclusive interview earlier this month. Dr. Handke also let slip a few products and services that his company, Intelligent Communications Systems, will be exhibiting during the week.