Over 50,000 smart meters need to be installed daily

Over 50,000 smart meters would need to be installed every day to meet target

 

Although the smart meter rollout deadline is just 18-months away for the domestic energy market, the install rate is declining. In fact, Cornwall Insight’s Domestic Smart Metering Market Report recorded a drop in the number of smart meters being installed for the last three quarters.

As a result, Cornwall Insight’s forecasts show that the installation rate would need to quadruple to meet the current 2020 target – an equivalent of installing 51,000 meters every day. The graph below illustrates the significant difference between the actual installation rate and the rate necessary to meet the target.

Actual and target Smart Meter Installation rates

Actual and target Smart Meter Installation rates

Oliver Archer Analyst at Cornwall Insight, said:

“The drop-off in installations will come as no surprise to many, especially given the ongoing issues with the transition to SMETS2 meters. Meeting the current deadline now looks incredibly challenging. Even an extended target of 2023 presents difficulties – install rates would still need to increase by close to 6,000 meters a day to reach this.

“As the industry finally moves over to SMETS2, technical issues are also beginning to make themselves felt. The north of England, which has historically seen higher penetrations of smart meters, saw installations fall 14% following the SMETS1 end date as suppliers reported difficulties connecting meters to the region’s communication network.

“Installations have consistently lagged on what one might expect to meet the target by the end of the decade. However, the drop off in installations shows a deceleration rather than acceleration, despite the proximity of 2020. Technical issues like those experienced in the north certainly won’t help.”

Over 50,000 smart meters would need to be installed every day to meet target by Cornwall Insight

,
Previous Post
Pricing and renewables: new Celtic Interconnector use
Next Post
More than £40mn to be recovered from consumers

Related Posts

Offshore wind supported by driverless crafts

Offshore wind supported by driverless crafts: Two uncrewed surface vessels (USVs) have studied the seabed of intended offshore wind farms while supplying the experts with ocean data to back up the sustainability credentials of the developments. The data collection services provider XOCEAN own & operate the vessels that carried out cable route surveys in depths…
Read More

Report commissioned by the NI government assesses the future of renewables in Northern Ireland

Report commissioned by the NI government assesses the future of renewables in Northern Ireland: A Cornwall Insight and Ionic Consulting report that was commissioned by The Department for the Economy NI was published by the department last week. The report – Future of Renewables in Northern Ireland – provided an assessment of the current state…
Read More
Menu

Subscribe to our newsletter!

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

British Utilities will use the information you provide on this form to be in touch with you and to provide updates and marketing.