A dramatic increase in demand for smart meters is going to create a big growth opportunity for makers of embedded electronic products ranging from microcontrollers and analog sensors to operating systems, according to a new study published by Pike Research.
The study predicts that 55 percent of the world's 1.5 billion electromechanical meters will be replaced by smart meters as part of an effort to create smart grids before 2020. Each year between now and then, 75 million to 99 million smart meters will be installed, says the report, "Smart Electric Meters, Advanced Metering Infrastructure, and Meter Communications: Global Market Analysis and Forecasts."
Demand for smart meters will spike over the next eight years, creating a need for microcontrollers and other electronic components.
"Meter manufacturing was pretty dull for about 100 years," Bob Gohn, vice president of research for Pike told Design News. "But now we're having a burst where we're replacing more than half the world's meters in less than 10 years."
The reason for the large-scale replacement effort is that electric utilities want to reduce their operating costs and set the stage for increased use of renewable energy. Smart meters enable them to reduce operating costs because utilities don't need to send out workers to read the meters, nor are workers necessarily needed to shut off power or turn it back on, Gohn said.
At the same time, smart meters encourage consumers to use appliances or charging systems during off-hours when wind power is more prevalent. Smart meters make that possible because they incorporate embedded computing intelligence and two-way communications, which enables them to measure electricity consumption and autonomously report it back to the utility.
"Instead of reading the meter once a month, or once every six months, the utility can take readings every 15 minutes or hour," Gohn said. "And it can set up different rates for electric usage, depending on the amount of power that's used at any given time of day." The use of the new meters is already growing in the US and is expected to spread to Europe and Asia over the next eight years, Pike's study said.
apresher, not that I know of. That is what puzzles me. This will allow the utility to monitor their network better and to get an idea of usage down to the premise. It does not, as yet, have a consumer DSM component. That is where the real savings will come in, both for the individual customer and the systems as a whole.
One thing that might be of interest is that Naperville has a municipal distribution company. Thus, they can buy power from different sources. Our rates have been good as a result.
I think you're right on the money, Naperlou. The privacy issue is debatatble, but the electromagnetic radiation isn't a problem. The power levels used hear are lower than those of cell phones, so everyone who is concerned about this should take the first step of tossing their cell phones now.
Some level of monitoring and control is necessary to enable a smart grid type of application. But in some ways, what's the difference. The electric and power companies already monitor usage for billing, and this isn't really any different.
Power-line communications have a place, but in communities that have tried broadband over power-line comms for Internet access, the power-line signals have caused interference to wireless signals. Most US communities that adopted broadband over power-line as an alternate to cable have dropped it. Perhaps the meters in Europe use a lower-frequency scheme for power-line communications. How do they pass signals through transformers and substations, or do they grab the signals locally and transmit them over a wireless link?
Security becomes a big issue. We don't want people to spoof a system and turn off power. Also, smart meters need to detect reversal of current flow so someone can't reverse a meter.
Here in the Salt Lake Valley, Rocky Mountain Power can connect a module to an air conditioner and control it with a wireless link. When power demand increases during the summer, the power company can shut off air conditioning for 15 minutes per hour. Those of us who voluntarily have such a module attached get a rebate at the end of each calendar year. So our power company already has some sort of power-management wireless network in place.
I know the next stage will be to control appliance like air conditioning and the like, but in it's present form I do not see my electricity usage as an invasion privacy. Now, the guys running the grow houses might have a concern. I would take issue with ComEd running my appliances and then the security issues that come with that level of interaction.
Naperlou, are there any talk of using networking to interface this data to touchpanels/thermostats as a way for consumers to be able to use this information?
Smart meters are being installed in our city (Naperville, IL) and it has generated some controversy. There are two points on which people get upset. First is the ability of the utility to have access to our usage patterns on a fine grained level. Second is the electromagnetic radiation that will harm some people. The second is just a canard. In Europe about half of the implementations use power line communications. I would think this is cheaper, so I wonder why our city has choosen Wi-Fi.
The privacy issue is surely there, but to take utilities to the next level of reliability and effeciency that information is needed. We do not have devices in the home to control particular appliances, so the utility can only shut off the whole structure. The other features, beyond the meter itself, are all ancilary deices that will be required to implement Demand Side Management (DSM). Just having the meter is a necessary starting point.
Another thing that strikes me is the replacement cycle. Since these meters will be technology driven, it is unlikely that technology will have stood still in the time frame assumed. The meters will have to be programmable, and perhaps should be modular. Otherwise, those that are rushing to implement this now will end up with obsolete equipment in a very short time.
Chuck, very interesting and I think this will be an important step in moving toward better energy management in the home, and variable pricing models that will encourage conservation at peak loading times. Thanks.
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