Posts Tagged ‘Berg Insight’

Gothenburg, Sweden – June 14, 2010: According to a new research
report from the analyst firm Berg Insight, the installed base of
smart electricity meters in Asia-Pacific will grow at a compound
annual growth rate of 91.0 percent between 2009 and 2015 to reach
116.5 million at the end of the period. Penetration for smart
metering technology is projected to soar from very low levels to 25.0
percent by the end of the period. By the mid-2010s, the majority of
all electricity meters shipped in the region is expected to have
advanced functionalities and networking capabilities. Berg Insight
anticipates that the leading economies in the region will have close
to 100 percent penetration by 2020.

“Asia-Pacific is the fastest growing market for smart metering
solutions in the world”, said Tobias Ryberg, Senior Analyst, Berg
Insight. “South Korea has begun the construction of a nationwide
smart grid where intelligent energy meters constitute the basic
building-block. Japan’s two largest power utilities have announced
plans for full-scale smart meter deployments in this decade and China
is preparing a nationwide rollout within three to five years.”
Altogether the three countries have an installed base of more than
360 million electricity meters today, with an annual growth rate of
3–5 percent.

Australia and New Zealand commenced with massive installations of
smart meters at the end of the last decade. Victoria will become the
first Australian state to achieve full penetration by 2013. Mandatory
rollouts are also being considered in other territories such as New
South Wales. In New Zealand, the adoption of smart metering is driven
by the energy industry. While many other countries have introduced
regulations for the new technology, New Zealand’s government has
decided not to interfere with the process.

Read more at www.berginsight.com/

Berg Insight says 96.3 million European households will have smart meters by 2014

Gothenburg, Sweden – June 29, 2009: According to a new research report from the analyst firm Berg Insight, the installed base of smart electricity meters in Europe will grow at a compound annual growth rate of 16.2 percent between 2008 and 2014 to reach 96.3 million at the end of the period. The strong uptake of intelligent metering puts within reach the EU-wide target that 80 percent of the households should have smart meters by 2020. Providing consumers with detailed information about their electricity consumption, the new generation of meters give customers control over energy costs and create financial incentives for energy savings.

The adoption of smart meters started in Italy and has continued in the Nordic countries where Sweden decided to make smart meters mandatory from July 2009, starting a trend for the rest of Europe. “Today, Sweden has become the first country in the world to achieve 100 percent penetration for smart meters”, said Tobias Ryberg, Senior Analyst, Berg Insight. “In the next years Italy, Ireland, Norway and Finland will follow and by the end of the next decade many more countries including France, Spain and the UK will also have smart meters.”

He adds that some countries are moving slower due to resistance from certain stakeholders. The Netherlands has postponed the rollout of smart meters following a heated debate over the potential risk that remote monitoring of energy consumption would lead to privacy violations and in Germany the government is reluctant to impose what could be perceived as a surveillance technology. “The privacy threat from smart meters is grossly exaggerated”, said Ryberg. “They are opposed because they represent a new technology for collecting information in a time when large groups of people are afraid of the consequences of living in an information based society. Indeed the energy industry has a major responsibility in protecting the privacy of its customers, but first and foremost it must work to create a sustainable energy system in which smart meters are an essential component.”

About Berg Insight
Berg Insight offers premier business intelligence to the telecom industry. We produce concise reports providing key facts and strategic insights about pivotal developments in our focus areas. Our vision is to be the most valuable source of intelligence for our customers.

For additional information, please contact:
Johan Fagerberg, CEO
E-mail: johan.fagerberg@berginsight.com
Phone: +46 31 711 30 91