Smart meters

Brazil’s Ministry of Mines and Energy (MME) has launched a consultation that could lead to the installation of 3.6 million smart meters as part of efforts to modernize the power sector and cut losses.

Belgian grid operator Fluvius plans to install around 403,000 smart meters in solar-powered homes by 2025, when their use becomes mandatory. So far, the company has installed 553,500 smart meters in Flemish homes with PV systems.

New analysis from LCP Delta finds Germany is Europe’s top market for home energy management systems and predicts European yearly sales will more than double by the end of the decade.

Almost every weekend since Easter, European generators have been paid to power down plants but some Northern European nations are experiencing record electricity prices. An energy system set up for fossil fuels is in urgent need of reform, according to Gerard Reid, co-founder and partner of Alexa Capital.

In the Belgian macro-region of Flanders, residential PV system owners that decided to install smart meters and abandon net metering are currently seeing their injection tariffs being paid at €0.11, up from just €0.03 in January. This gain adds to the high value of the kilowatt-hours they self-consume and it is helping them halve the payback time of their installations.

Industry association SolarPower Europe expects little change in the line-up of Europe’s biggest residential battery markets in four years’ time, with a rush of retrofits as turn-of-the-century solar feed-in tariffs begin to expire, set to keep Germany way ahead of the pack.

Instead of splurging €11 billion of EU cash on uneconomic new generation capacity, the Italian authorities–and electricity bill payers–would be better served investing in a mix of current clean power technologies which would include almost 17 GW more solar capacity.

A recent ruling of the Belgian constitutional court has canceled the 15-year grace period granted to residential PV system owners to keep operating under net metering despite the arrival of smart meters. The Flemish government said it will provide some compensation for the financial losses that this decision will cause.

The Australian Energy Market Commission has launched an independent review into the rules governing electricity meters, to determine what needs to be done to accelerate smart meter deployment.

Hong Kong-owned UK Power Networks is aiming to commission 250 MW of grid flexibility from energy storage assets with capacities as small as 10 kW, on contracts ranging in length from six months to seven years.