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At a time when energy prices are continuing to climb, smart metres are a critical tool for European consumers and utilities.
Advanced metering data can be utilised to provide consumers with recommendations on how to best optimise their energy usage and lower their bills.
The majority of Western and Northern European countries have finished or are nearing completion of smart metre implementation. As a result, the smart metres that will be put in the region will be second-generation smart metres.
The Europe Smart Meter Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.
Panasonic is introducing a set of smart gas solutions for utilities in Europe as they complete their smart metre rollouts.
Samsung SmartThings Energy is a free solution that allows customers of any UK retailer to combine their smart metre data with the service to regulate the energy usage of their household appliances from anywhere.