Smart metering systems market size for 2017 was over usd 10 billion and is projected to surpass an annual installation of 300 million units by 2024. These systems enable measurement of detailed, timebased information and frequent. The main benefits of smart metering systems are lower costs, higher reliability, reduced tampering and less carbon emissions. The dcu provides the central link between smart meters and hes, enabling continuousperiodic meter read and control. Smart metering systems company profile office locations.
Automatic meter reading amr smart grid system is determining the needs of all the vital aspects e. This system can be used by installing an additional antenna or changing position of a smart meter when the radio from the base station cannot reach. The most basic requirement, therefore, is that the smart metering system supports easy remote management. Global trends in smart metering smart energy international. Smart metering systems feature a number of innovations. The objective of using this guide is to allow african utilities and their suppliers of smart metering systems to establish an agreed core system architecture and set of. Definition of smart metering and applications and identification of. The diagram below illustrates the main parts of the smart metering systems showing the equipment and communications within energy consumers. Readers will gain an invaluable understanding of the environment of smart metering system platforms from an international perspective. Functional requirements of advanced metering infrastructure. Basic specifications for smart meter communications.
Bc hydros smart metering program is an important foundational step in the modernization of bc hydros electricity system. Find out more about the smart meter rollout and our smart. The smart meters and associated communication technology need to be both upgradable and resilient. Smart metering benefits utilities by improving customer satisfaction with faster interaction, while giving consumers more control of their energy usage to save money and reduce carbon emissions. Smart metering systems has 310 employees across 7 locations and.
The aim of the project was to examine the generic case for smart water systems sws. Software architecture for smart metering systems with. In 2011, bc hydro will begin implementation of the smart metering program. Smart metering systems plc free company information from companies house including registered office address, filing history, accounts, annual. Pdf definition of smart metering and applications and. Chapter 10 focuses on the electric vehicle technology and its interaction with a smart grid. Ideas and comments that contribute to cost reduction and efficiency of construction and operation will be positively reflected into the specification. We present a step by step assessment framework based on the work performed by epri electric power research institute, and we provide guidelines and best practices. The term smart meter often refers to an electricity meter, but it also may mean a device measuring natural gas or water consumption similar meters, usually referred to as interval or timeofuse meters, have existed for years, but smart meters usually involve realtime or near realtime sensors, power outage notification, and power quality monitoring.
A smart meter is an electronic device that records consumption of electric energy and communicates the information to the electricity supplier for monitoring and billing. Return on intelligenceyou must have the right data at right time so that you can make the right decisions and continue to optimize your smart water system as needed. Relation with commissions benchmarking report 12 1. Referencing the international standards themselves is not sufficient to achieve an open standards system and interoperability. Telecommunications carriers service can be used, by considering its service quality, continuity and communication fee. Smart metering systems are therefore included in this smart grid definition. Issues and challenges of existing electricity prepaid smart. The smart grid is enabled by digital technology applied in devices and systems that allows for enhanced sensing and control of grid elements, more widespread information sharing and communication, more powerful computing, and finer control. Enabling smarter solutions utility connections, metering. Issues and challenges of existing electricity prepaid. Pdf smart grid systems modeling and control ebook free. Pdf an integrated iot architecture for smart metering.
Advanced meter infrastructures amis are systems that measure, collect, and analyze utilities distribution and consumption, and communicate with metering devices either on a schedule or on request. Smart metering technologies consist of several different technical components which may vary according to the specific market conditions in. This chapter includes advanced metering, various communication protocols, and the cyber security challenges in the smart grid. As a major energy services and smart metering company with both technology and sustainability right at the very core of our ethos and business model, sms plc is committed to delivering the future.
Theabovedefinitionmeansthatsmart meteringmaysupportseveralapplicationsthataredefinedinchapter3ofthedeliverable d3. The impact of integrating electric vehicles with smart grids has been detailed along with the potential impact and challenges. Smart meters typically record energy hourly or more frequently, and report at least daily. We deliver innovative and practical energy solutions for everyday working practices. Resultsfrom the sgig program executive summary advanced metering infrastructure ami is an integrated system of smart meters, communications networks, and data management systems that enables twoway communication between utilities and customers. Because of above mentioned facts, in this phase of ami systems development their fast, simple and secure integration with other systems is extremely important. The system provides a number of important functions that.
Suppliers must take all reasonable steps to ensure such smart metering systems are designed, developed, configured, tested, operated, maintained, decommissioned, and disposed of in a way that prevents them from being compromised. Pdf issues and challenges of existing electricity pre. The convergence between smart metering and distribution automation has long been under way. Sisil kumarawadu obtained his meng in advanced systems control engineering and phd in robotics and intelligent systems in 2000 and 2003, respectively, from saga national university, japan. It uses the latest available technology and products which have been chosen as best suited for use in smart metering systems.
Smart meters enable twoway communication between the meter and the central system. Guidelines for cost benefit analysis of smart metering. They provide customers with much more information on how they use energy and enable those customers to reduce. Smart water is more than measuring the flow from storage to consumption. Advanced metering infrastructure ami is an integrated system of smart meters, communications networks, and data management systems that enables twoway communication between utilities and customers. This work has been undertaken via two work streams over the period october 2010 to march 2011. Smart metering and infrastructure program business case. His research interests include smart metering, smart grid and energy management and conservation. The company provides an integrated service from beginning to end, from project managing the installation of the gas andor electricity supply and connection through to the procurement, installation and management of the meter asset, data. We provide smart advice and expert endtoend support, delivering utility infrastructure and connection projects to the highest standard. The smart metering program will pay for itself through reduced theft of electricity, energy savings, and operating efficiencies. When the number of remotely readable smart meters increased, it became necessary to develop better systems for meter reading and data management. The highpower radio allows collection of smart meter data at wide area.
Smart metering systems market size for 2017 was over usd 10 billion and is projected to surpass an annual installation of 300 million units by 2024 get more details on this report request free sample pdf global smart metering systems market will grow owing to regulatory inclination toward the expansion of smart grid network along with flourishing. Benefits of smart metering systems the expected benefits of the installed smart metering system are listed in fig. North american utilities have successfully integrated ami data with other operational technologies such as outage and distribution management systems. Study on cost benefit analysis of smart metering systems. The use of smart grids and smart metering systems thus creates new risks for data subjects with potential impact in different areas e. A repository see the spreadsheet associated with the report, excel format was created by the smcg in 2015 and now links the original requirements from member states with the minimum requirements. The goal of this report is to provide guidance and advice for conducting cost benefit analysis of smart metering deployment.
Advanced metering infrastructure and customer systems. Traditionally being a part of the electrical grid infrastructure, a smart meter is an electronic device that allows for remote monitoring and recording of energy consumption. An integrated iot architecture for smart metering article pdf available in ieee communications magazine 5412. Join sms and enjoy extensive training, career development and promotion opportunities. Smart meter overview according to the edison foundation institute for electric innovation iei, as of july 2014, more than 50 million smart meters had been deployed in the u. Study on cost benefit analysis of smart metering systems final report content executive summary 6 recommendations 8 1. The diagram below illustrates the main parts of the smart metering systems showing. Advanced metering infrastructure ami overview of ami advanced metering systems are comprised of stateoftheart electronicdigital hardware and software, which combine interval data measurement with continuously available remote communications. See insights on smart metering systems including office locations, competitors, revenue, financials, executives, subsidiaries and more at craft. Software architecture for smart metering systems with virtual. Challenges and solutions hossein shahinzadeh1, ayla. Suchsmartmeteringmaybebasedonaninfrastructureformultipurposemeteringrather thanonseveralsinglepurposemeteringsystems. As a major energy services and smart metering company with both technology and sustainability right at the very core of our ethos and business model, sms plc. This leaflet explains how the smart metering system will work from 2016, when a new shared smart metering national infrastructure will be in place.
Smart metering is an essential elementand usually the first milestonein smart grid implementations. The existing conventional metering system does not have a bidirectional communication mechanism to send the meter readings to electric power companies for real time billing purposes and also unable to control the nontechnical losses occurring at. Slc 40a46a covers smart metering systems enrolled with the dcc. Rules on a suppliers duty to keep smart metering systems secure, including equipment used to communicate with those systems, associated software and ancillary devices, and related business processes. Utility connections, metering and energy management sms.
Explanations cover management methods, opportunities, and challenges, as well as the primary components, international developments and innovations, and trends of related systems over time. Smart metering systems plc annual report and accounts 2018 15 million 38 million capacity for growth 53 million smart meters already installed smart meters still to be installed smart meters to be installed we provide an endtoend service in all aspects of utility connections, metering and energy management. Electromechanical meters have a number of features designed to reduce fraud. Guidelines for cost benefit analysis of smart metering deployment. The smart metering equipment installed by energy suppliers will normally consist of a smart electricity meter, a smart gas meter, and a communications hub which. Some energy suppliers are already offering smart meters using their own systems and technologies. The electricity smart meters record much more detailed energy consumption information than conventional electricity meters. The smart meters coordination group minimum security requirements for smart metering pdf format is also available. Smart metering in electric power distribution system. Advanced metering infrastructure ami is an integrated system of smart meters, communications networks, and data management systems that enables twoway.
Smart metering systems plc sms is a united kingdombased company, which connects, owns, operates and maintains metering systems. Realtime reporting of electricity measurement improves consumer awareness leading to waste reduction thus lower. London including stock price, stock chart, company news, key statistics, fundamentals and company profile. Forecast your future gas and electricity costs, empower your business energy strategy. Dcu shall exchange data from smart meters on rf plc communication and with hes on wan. Electricity metering systems measure energy consumption, monitor its quality and communicate this information from meter to concentrator or cloud, so that utilities can better manage the use of energy by means of load management. The use of smart meters to measure and report energy consumption enables utilities and energy distributors to manage their supply and demand in real time. Smart metering offers consumers, suppliers, network operators, generators and regulators a wide range of useful tools and services enabling ultimately a smarter energy world. Dec 31, 2018 metering data is more integrated and has growing application. Smart metering technologies will change the way that metering works completely. We present a step by step assessment framework based on the work performed by epri electric power research institute. Pdf smart metering in electric power distribution system.