News Articles

Monday, December 8, 2014

70% of electricity customers in Europe expected to have smart meters by 2022

Figures from wireless analyst firm Berg Insight show that 70% of electricity customers in Europe are expected to have smart meters by 2022. The current figure for smart meter penetration in Europe is 24%; that’s the equivalent of 67.9 million smart electricity meters, most of which are in Italy, Spain and the Nordic countries.

By 2022, it’s forecast that a total of 199.7 million units will be installed, with nationwide rollouts expected in France, the UK, the Netherlands, Austria and Ireland.

Next year, shipments of smart electricity meters in Europe are expected to grow by 30% to 8.4 million units, eventually peaking at 25-30 million units per year in the early 2020s.

The installation of smart gas meters is currently lagging behind electricity meters. There are believed to be 2.5 million units in place across Europe at the moment - a penetration rate of around 2% - with national rollouts expected to drive this to 49 million units (40%) by 2020.

[Berg Insight report brochure (pdf)]

Print
Author: The Fonecast
0 Comments
Rate this article:
5.0

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«April 2018»
MonTueWedThuFriSatSun
2627282930311
2345678
9101112131415
16171819202122
23242526272829
30123456

Archive

Terms Of Use | Privacy Statement