Smart Power Metering in Europe – Changes, Challenges, Opportunities

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I saw this great video on CleanTechnica about Smart Power Metering in Europe — the lecture, which is about 30 minutes or so, is about some of the potential policy changes, regulation challenges, and business opportunities that this idea could set forth in Europe with power suppliers.  This was all set forth over something that actually happened this last November 2012 – Deutsche Telekom and a technology company called Itron signed a deal to start supplying European customers with Smart Metering.  From the press release at Business Wire:

LIBERTY LAKE, Wash.–()–Itron, Inc. (NASDAQ:ITRI), a global technology company that helps utilities measure, manage, and analyze energy and water, and Deutsche Telekom, a world leading integrated telecommunications company, announced today that they have signed an agreement to collaborate on delivering smart metering solutions to target markets in Europe. This agreement brings two leading companies together in the smart grid and smart metering space to combine their technology expertise to better serve the utility industry.

“This collaboration will give our customers more options and will deliver real business benefits as they roll-out smart meter systems.”

Under this agreement, the two companies will utilize Itron’s innovative smart meter solutions, Deutsche Telekom’s M2M capabilities, Information and Communication Technology solutions and Intelligent Networks Energy solution offering to bring an even more comprehensive solution and service offering to European markets. This coupled with the strength of two large and experienced companies combining efforts to create more options for customers will result in tremendous opportunities for utilities.

“Working with a world-class organization like Deutsche Telekom is a true pleasure,” said Remy Brill, Itron vice president and managing director, EMEA Energy. “This collaboration will give our customers more options and will deliver real business benefits as they roll-out smart meter systems.”

Check this out, this is a great video to watch over lunch or a coffee — lots of great discussion points!  This comes from Zachary Shahan, who has probably THE BEST research I’ve seen on Renewable Energy.  PLEASE check it out if this is something you want to know about, you’ll be very informed afterwards.

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