Smart metering is by many seen as a catalyst for transformation of the utility sector, with the potential to rewrite the roles and dynamics between the consumer, supplier and distributor and spearhead the development of smart grid.
Crucially, it is a missing link between an energy company and the consumer, who has traditionally been disengaged, with services reduced to retrospective billing with no intelligence on consumption patterns or incentives to change one’s behaviour. Realising the potential of flexible demand, price triggers and consumer engagement schemes require network upgrades and mass installations of sophisticated devices to track consumption and usage patterns.
Budgets and entrenched approach to change management also mean that utilities continue to roll out their smart grid projects in silos, with no shared platforms, which result in cumbersome and disjointed operations. The array of communications technologies abounds - but which are future-proof and which will become obsolete as the grid evolves?
As the cost of smart metering and smart deployments runs into billions of Euros, possibly the biggest issue is how to justify such the spend in a tough economic climate and ensure that the investments deliver tangible benefits for all. Creating a business and market model that unite the interests of all stakeholders - governments, consumer, and utilities - is the crucial factor to realise the full potential of smart grid and pave way for the smarter energy future.
NEW CONCEPT!
In view of rapid developments and a shift towards smart energy, our flagship Metering, Billing/CRM Europe will be co-joined with Transmission & Distribution/Smart Grids Europe and Smart Homes. By bringing these events under one roof, we will become the proud host of Europe’s only networking event for the entire smart energy community - from the transport of power all the way to connected homes.
With the expected attendance of 6500 visitors, 350+ exhibitors and 200+ speakers, the event will become Europe’s preeminent learning and networking hub for the utility and power sector markets.
By bringing these 3 events together, we will become the proud host of Europe’s only networking event for the entire smart energy industry!
Register now to get involved and play an active part in the smart energy community!
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