Smart meter deployments: Benefits, challenges and opportunities
Energy companies are advancing mandated smart meter rollouts and many European households will have a smart meter installed between 2015 and 2020.
Utilities now need to realise the business value of these programmes for the customer and for themselves. Engerati believes it is absolutely necessary for the utility sector to transform smart metering into an engaging and compelling proposition for customers and leverage it to deliver grid resilience.
Smart metering should significantly improve a distribution company’s ability to monitor the grid providing information on the volumes and quality of power being consumed to network operations, asset management and workforce teams.
Our analysis has identified three impacts areas of smart metering deployment:
- Implementing grid intelligence
- Empowering smart demand response
- Enabling grid flexibility
Engerati and our industry experts will share their work and knowledge on each of these impact areas through in-depth analysis, guest presentations, case studies and articles to show how they interplay and fit together.
Check out the programme and get involved!
Practical guidance on defending smart meter systems, explained by a utility industry expert with real-world experience on the attacking side.
We are seeing industry and nation-leaders waking up to the “cyber” reality and possible devastating cyberattacks on utilities. As a result, initiatives to establish nation-wide baseline security requirements and security certifications are in progress. Unfortunately, these initiatives may be too late and may even foster a compliancy-defined approach to security. Smart grids will continue to increase in complexity, and the threat of attacks and actual attacks will continue to increase in both sophistication and frequency. The security issues discussed are based on first-hand experience, from both the defending side as well as the attacking side.
Attendees will receive practical advice on managing common security issues and pitfalls. Though the primary focus will be on smart meter systems, their integration, and their life-cycle, the advice provided can be applied to other types of systems as well. In addition, attendees of the webinar will learn how utilities need to go beyond compliance and make information security an integral part of their core business and invest in it accordingly.
Implementing grid intelligence, empowering demand response and enabling grid flexibility with smart metering deployments. Engerati analysts and industry experts join in this live energy webinar to discuss benefits, challenges and opportunities of smart meters.
As smart meters are installed at residential, commercial and other sites nationwide, utilities are seeing a variety of benefits and opportunities that are passed on to the end user, according to a new IEE report.
The ultimate goal of smart metering is to allow the utility to provide consumers with better visibility into their energy consumption, to enable demand response to reduce peak load and to manage voltage to reduce energy consumption.
We have identified three key impact areas and have invited top experts to share their knowledge and use cases in each of the areas below:
Impact 1: Implementing grid intelligence
Having a reliable supply of energy is more than just a convenience; it’s a necessity. Smart meters are changing the way utilities respond to problems on the energy grid. The data from smart meters gives utilities visibility into the distribution grid that allows them to proactively solve problems.
Impact 2: Empowering smart demand response
Energy companies should be able to offer end users choice and transparency, showing consumers exactly what they are spending in pounds and pence and in near real-time. Allowing them to save energy and money by changing how they use their energy.
Impact 3: Enabling grid flexibility
Generation is becoming more distributed and variable and consumers are benefitting from new ways to monitor and manage their energy use. From photovoltaic panels on building roofs, but also the use of fuel cells, charging to/from the batteries of electric cars, wind turbines, pumped hydro-electric power, and other sources enabling the grid to become more flexible.
Get involved and ask the experts
Following our presentations you will have the chance to ask your questions to our experts.
Share your opinions with your peers and most importantly understand the fundamental impact to your business and the transformation opportunities.