Metering.com - A Week in Smart Metering

India is shaping up to be the next hot smart grid and metering market.
Published: Wed 28 Jan 2015

The question that must occupy a lot of manufacturers' and suppliers' thinking time is where is the next hot market for smart grid and smart metering technology?

The answer emerging appears to India, says Rose Bundock, editor of Metering.com, the sister portal to Engerati.

The South Asian country has been in the media a lot since Prime Minister Narendra Modi took office in 2014 and rang the changes with an ambitious plan to create 100 smart cities.

But this week, more indicators of how the market will develop have surfaced.

During current talks in India with US president Barack Obama, Mr Modi admitted that coal-powered generation would still make up part of India’s energy mix but the majority of new investment in India’s energy industry will go towards renewables, and smart grid and storage technologies.

We reported this week on new data from Northeast Group, which predicts India to be the largest smart-grid opportunity in the world (pls hyperlink underlined words -http://www.metering.com/india-is-largest-smart-grid-opportunity-in-world-says-report/) with spending in smart grid infrastructure set to hit US$21.6 billion in the next decade.

And chief exec of Cyan Holdings, a UK smart metering company that is making headway on the subcontinent, (hyperlink -http://www.metering.com/deal-watch-cyan-wins-gbp1m-order-for-indian-public-utility-ami-pilot/), reminds us “at present, India has 200 million legacy meters currently deployed and it is estimated it will install 130 million smart meters by 2021.”

We’ll see you on a flight bound for India.

 

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Metering.com is the sister news portal to Engerati focusing on smart metering