Video : CrystEna : Energy for the Future - Hitachi
storage beyond 2020 . By 2025 , we can expect residential storage to be an integrated and essential component of all renewable energy projects .”
The expansion of smart metering “ Smart meters are one of the building blocks of the smart grid and digital energy due to the huge amount of data they generate . As growing numbers of users connect via smart meters , the volume of data available to the system increases . The importance of smart meters lies in their simplicity . Compared to battery storage and EVs they have a low barrier to entry ( up-front cost is often covered by the energy provider ), meaning they have the potential to have the fastest impact on the average consumer . In Europe , where there is strong regulation from the EU on smart meter installation , countries such as Sweden , Italy and Finland have already reached close to 100 % penetration of smart electricity meters and are seeing the benefits in terms of customer engagement and active energy management initiatives .
“ With so many more smart meters installed , the door is opened to digital retail services such as tariff optimisation , customer engagement and IoT ( Internet of Things ) technology . Of these benefits , IoT technology is potentially the most exciting : smart meters provide the gateway
36 March 2018