Monday, 30 November 2015
Last updated 2 days ago
Nov 4 2009 | 6:20pm ET
According to a new report from cleantech market research firm Pike Research, more than 250 million smart meters will be installed worldwide by 2015, representing a penetration rate of 18% of all electrical meters by that time, up from 46 million in 2008.
Smart meters, integrating two-way communications with energy measurement, are “the vanguard of smart grid deployments,” said Pike managing director Clint Wheelock in a statement. The new meters, he says are “breaking the traditional 15-20 year meter replacement cycle, and represent an unprecedented effort to add intelligence and communications to electrical metering.”
While Europe is currently the top region for smart meter adoption, North America will become the leading market in 2010, says Wheelock, reaching 55% penetration of all electric meters by 2015.
Pike Research segments the smart meter market into two primary categories: basic meters, which transmit energy usage data over two-way communications networks, and advanced meters, which include basic functionality in addition to remote disconnect and home area networking (HAN) capabilities. Pike forecasts that total smart meter shipments will reach 39.5 million units by 2015, representing a $3.9 billion global market.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…