After years of anticipation, the machine-to-machine (M2M) era has finally arrived. A new Yankee Group forecast predicts enterprise cellular M2M connections worldwide will surge from 81.8 million in 2011 to nearly 217.5 million in 2015. In the same time frame, connectivity revenue will more than double from U.S. $3.1 billion to U.S. $6.7 billion, making the M2M market one of the highest growth areas in the wireless arena during the next decade.
Law firm Preti Flaherty recently announced that the Federal Energy Regulatory Commission (FERC) has adopted a Final Rule which establishes a level playing field for those who wish to reduce their energy consumption during times of scarcity. Energy attorney Donald J. Sipe was actively involved in providing legal and economic thought leadership to FERC throughout two and a half years of advocacy, research and eventually rule-making hearings.
Veolia Water and Orange are joining forces in the smart metering sector and are launching m2o city, an operator specialized in remote environmental data and water meter reading services.
Sprint announced Monday at CTIA in Orlando, Florida, expanded M2M solutions provided by 14 Sprint partners. These partner offerings bring additional specialized capabilities to Sprint’s broad-based M2M portfolio, including the fast-growing segments of connected transportation, fixed and portable solutions, SmartGrid and utilities, and health care.
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.
GE and the Government of Ontario last week announced a new $40 million Grid IQ Innovation Center, the first smart grid center of its kind for GE in Canada, to be located in Markham, Ontario. The 200,000 square foot center will develop and manufacture grid modernization technologies and encompass a global testing and simulation laboratory. The building is expected to open in July 2012.
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.
Connected Living, an association of 40 smart service manufacturers and service providers, is exhibiting a mock smart home at this year's CeBIT. The "house" is divided into three rooms: one for the whole family, one for just kids, and one for those who are maritally single.
IDC Energy Insights (Framingham, MA, USA) released a new analysis tool today called the "Worldwide Quarterly Smart Meter Tracker," which is forecasting worldwide growth of 13% in smart meter unit shipments by 2015, with a total of over 460 million meters shipped through the forecast period.
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.