Download or read book Preparations for the roll out of smart meters written by Great Britain: Parliament: House of Commons: Committee of Public Accounts and published by The Stationery Office. This book was released on 2012-01-17 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Under European Directives, all member states are required to install 'intelligent metering systems' - smart meters - to at least 80% of domestic electricity consumers by 2020. The UK Government has opted for a more challenging programme, with plans for energy suppliers to install smart electricity and gas meters in all homes and smaller non-domestic premises in Great Britain by 2019. The Department estimates that the smart meters programme will cost some £11.7 billion. This large complex programme requires replacing around 53 million gas and electricity meters, with significant uncertainties over the estimated costs and benefits involved. Installation costs will be borne by consumers through their energy bills, but many of the benefits accrue in the first instance to energy suppliers. No transparent mechanism presently exists for ensuring savings to the supplier are passed on to consumers, and the track record of energy companies to date does not inspire confidence that this will happen. There remain significant uncertainties in a number of key areas in the programme and the Department needs to address these by conducting proper trials to identify and manage the risks associated with an IT project involving such a substantial amount of money which is financed by individuals as consumers. The Department needs to ensure that the vulnerable, those on low incomes and those who use prepayment meters also benefit from smart meters. It would be unacceptable if these consumers bore the costs of smart meters through higher charges without getting a share of the potential benefits.

Download or read book Preparations for the roll out of smart meters written by Great Britain: National Audit Office and published by The Stationery Office. This book was released on 2011-06-30 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are major risks the Department of Energy and Climate Change must address to achieve value for money from its £11.3 billion national programme to install 'smart' electricity and gas meters in all homes and smaller non-domestic premises in Great Britain from 2014 to 2019. Smart meters provide consumers with detailed information on their energy use and can enable energy suppliers to provide a wider range of off-peak tariffs as well as allowing suppliers to collect meter readings remotely. The cost of installing smart meters in every home and smaller non-domestic premise and the associated communications technology will be borne by energy suppliers, passing on the costs and efficiency savings to their customers. Uncertainties remain over the cost of the programme, and the Department still has to develop a specification for the central data and communications system. The Department estimates the economic benefits at £18.6 billion between 2011 and 2030 (achieving a discounted net benefit of £7.3 billion). However, there is uncertainty about the extent to which smart meters will result in changed energy use by consumers over a sustained period. Other risks that the NAO has highlighted are that there is very little contingency time to address the risk that design approvals, procurement and testing take longer than planned; that the system will have to be flexible enough to minimize the risk of future obsolescence; and that the Department has more work to do on the security of the system.

Download or read book Smart Meter Implementation Programme written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How to Regulate a Market Driven Rollout of Smart Meters A Multi Sided Market Perspective written by Jan Schaechtele and published by . This book was released on 2014 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart (electricity) meters are regarded as a crucial element to increase energy efficiency by better balancing energy supply and demand. Nevertheless, most countries so far have not seen a comprehensive smart meter rollout. A key economic obstacle to a market-driven rollout is the fragmentation of benefits among multiple stakeholders, which disperses investment incentives. In this article we investigate how to best overcome this investment barrier by analyzing three distinct smart meter market structures. A key parameter for the analysis is the recognition that the smart meter market is multi-sided, making it essential to consider its peculiar characteristics. Our qualitative analysis indicates that a combined smart meter and grid operator, with a regulatory setup that permits the socialization of smart meter investment costs among all electricity consumers, is best suited to implement a market-driven smart meter rollout.

Download or read book Smart Meter Roll Out written by Great Britain. Parliament. House of Commons. Energy and Climate Change Committee and published by Stationery Office/Tso. This book was released on 2013-07-01 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mass roll-out of smart-meters is due to take place between 2015 and 2020, and will see energy companies install approximately 53 million smart meters. DECC estimates that roll-out will cost around £12.1 billion and deliver benefits of £18.8 billion. Projected benefits include accurate billing, easier switching, energy and bill savings for consumers, and operational savings for energy suppliers. Smart meters could also facilitate the creation of a smart grid that will help to balance peaks and troughs in electricity supply and demand, but the extent to which they will do this is unclear. DECC, Ofgem and some energy suppliers have suggested that competition in the market will ensure that costs are kept down and that benefits are passed on to consumers through lower energy prices, but the energy market may not be sufficiently competitive to ensure this is the case. Consumer acceptance of and engagement with smart metering is crucial to the success of roll-out. DECC and Ofgem have taken to ensure that consumers will receive advice about smart meters and energy efficiency when the meters are installed. However, the benefits of receiving this information may be lost or significantly reduced if there are gaps in communications coverage. Suppliers should also not be pressed to roll-out earlier versions of smart meters now if they prefer to wait for a version that fully meets the technical specifications. DECC should retain some flexibility in the new timetable, which should be driven by engineering and infrastructure requirements and the need to avoid cost escalation

Download or read book EDPS TechDispatch written by Thomas Zerdick and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: To tackle climate change, the European Union has set itself a target to ensure that 80% of EU consumers are using smart meters by 2020. This should accelerate the move towards cleaner energy and reduce energy consumption. The European Commission issued a Recommendation on preparations for the roll-out of smart metering systems in 2012. Today, there are an increasing number of smart meters being used across the EU and integrated with other smart home appliances.

Download or read book Update on Preparations for Smart Metering written by Great Britain. Parliament. House of Commons. Committee of Public Accounts and published by . This book was released on 2014-09-10 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The costs of installing 53 million smart meters will be borne by consumers through their energy bills and will cost around £215 per home or small business over the next 5 years to install the meters. Despite consumers footing the bill, they can on average make a saving of only 2% on the average annual bill of £1,328 by the time the roll out is complete. The Department is relying on the consumer becoming more "savvy" in making decisions about using energy and is depending heavily on assumed competition in the energy industry to control costs and deliver benefits. However, Ofgem's referral of the energy market to the Competition and Markets Authority reflected serious concerns about the lack of real competition in the industry. DECC should require suppliers to provide a clear breakdown for consumers of the cost of smart meters, their operational cost savings from stopping meter readings and whether consumers are achieving the expected reductions in energy consumption. DECC must especially ensure vulnerable and low income households get the benefits available from smart meters. DECC also needs to ensure that smart meters are fully interoperable so that customers can switch easily between suppliers and that suppliers don't replace meters unnecessarily when customers switch. Some aspects of the Programme could be out-of-date by the time it is rolled out. Evolving technology suggests that customers could receive the information on their smart phones, making the in-home display redundant. Consumers will have to pay for them even though they might already be out of date

Download or read book HC 665 Smart Meters Progress or Delay written by Great Britain. Parliament. House of Commons. Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2015 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart meters, which allow energy suppliers to get remote electricity and gas readings from households and businesses using mobile phone-type signals and wireless technologies, should benefit customers through savings from energy usage and efficiency. In 2013 we first looked at the Government's programme to roll-out smart meters to 100% of UK homes and businesses by 2020. This inquiry reviewed the progress of the roll-out and we have been disappointed by the ongoing policy delivery challenges which the Government has failed to resolve: (i) Technical communication problems with multiple occupancy and tall buildings which should have been resolved by now; (ii) Compatibility problems between different suppliers and different meters; (iii) A slow start to full engagement with the public on meter installation and long-term use; (iv) A delay by the Government-appointed communications infrastructure company which has further set back confidence in the programme; (iv) A reluctance to improve transparency by publishing the Major Project Authority's assessments on the smart meter programme.

Download or read book Energy Storage Systems for Smart Meter Privacy written by Shilpa Bindu and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Smart meters are a vital step for transitioning to a smart grid architecture. Studies have shown that it is possible to extract appliance usage information through non-intrusive load monitoring methods. This data can be used by third-parties for unwanted activities like targeted marketing, home invasion, etc. It is postulated that the data leakage will be minimum when the power flow from/to the grid is piecewise linear. To achieve linearity, the use of energy storage systems is investigated. Energy storage systems (ESS) are being increasingly used by customers having solar energy production. In this project, an algorithm for the energy management unit (EMU) to control the ESS is proposed which maintains piecewise linearity. Two types of users are considered for the study: 1. user who injects excess energy to the grid 2. user who does not (or is not allowed by law) to inject power to the grid. The effect of the algorithm on both users is studied. The minimum capacity of ESS for data leakage prevention is analysed for both cases. Data from four different households is used in different combinations to obtain the mean capacity required. Using this data, an equation is formulated for the minimum capacity of ESS required to maintain linearity in power flows. The second part of the study is to understand how people perceive smart meter privacy issues and how much they are willing to spend for mitigating privacy breaches. The survey is done in Sweden. Sweden was the first European country to have 100% smart meter roll-out. In 2020, the smart meters installed during the first roll-out will reach their economic lifespan. Hence, the country is preparing for a second-generation mass roll-out of smart meters. The perception of people regarding smart meters is identified from two perspectives. First, the consumers are directly surveyed for estimating their awareness of smart meter privacy problems and their willingness to invest in technologies that prevent such issues. Second, different stakeholders in smart metering are surveyed regarding their experience during first and second roll-out. The methods currently employed to safeguard consumer data is also explored during the second survey.

Download or read book Peak Energy Demand and Demand Side Response written by Jacopo Torriti and published by Routledge. This book was released on 2015-07-16 with total page 189 pages. Available in PDF, EPUB and Kindle. Book excerpt: With different intensities, depending on the season, every morning and evening of any weekday there are the same peaks in electricity demand. Peaks can bring about significantly negative environmental and economic impacts. Demand Side Response is a relatively recent solution in Europe which has the potential to reduce peak demand and ease impending capacity shortages. Peak Energy Demand and Demand Side Response presents evidence on a set of Demand Side Response activities, ranging from price-based to incentive-based programmes and policies. Examples are drawn from different programmes for both residential and non-residential sectors of electricity demand, including Time of Use tariffs, Critical Peak Pricing Automated Demand Controllers and Ancillary Services. The book also looks at the actual energy saving impacts of smart meters, the activities which constitute peak demand and the potential opportunities associated with European smart grids and Capacity Markets. This is the first book presenting comprehensive analysis of the impacts, cost benefits and risks associated with Demand Side Response programmes and policies. It should be of interest to students, scholars and policy-makers in the areas of energy, environmental economics and applied economics.

Download or read book Smart Grid Security written by Sanjay Goel and published by Springer. This book was released on 2015-04-28 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book on smart grid security is meant for a broad audience from managers to technical experts. It highlights security challenges that are faced in the smart grid as we widely deploy it across the landscape. It starts with a brief overview of the smart grid and then discusses some of the reported attacks on the grid. It covers network threats, cyber physical threats, smart metering threats, as well as privacy issues in the smart grid. Along with the threats the book discusses the means to improve smart grid security and the standards that are emerging in the field. The second part of the book discusses the legal issues in smart grid implementations, particularly from a privacy (EU data protection) point of view.

Download or read book Appraising the Economics of Smart Meters written by Jacopo Torriti and published by Routledge. This book was released on 2020-03-12 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the economics of smart meters and is one of the first to present comprehensive evidence on the impacts, cost-benefits and risks associated with smart metering. Throughout this volume, Jacopo Torriti integrates his findings from institutional cost-benefit analyses and smart metering trials in a range of European countries with key economic and social concepts and policy insights derived from almost ten years of research in this area. He explores the extent to which the benefits of smart meters outweigh the cost, and poses key questions including: which energy savings can be expected from the roll out of smart meters in households? Is Cost-Benefit Analysis an appropriate economic tool for assessing the impacts of smart metering rollouts? Can smart meters play a significant role in research on people’s activities and the timing of energy demand? Torriti concludes by providing a much-needed survey of recent changes and expected future developments in this growing field. This book will be of great interest to students and scholars of energy policy and demand and smart metering infrastructure.

Download or read book EU Energy Law written by Robert Zajdler and published by Cambridge Scholars Publishing. This book was released on 2012-11-30 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to present the most relevant legal constraints resulting from the implementation of the Third Energy Liberalisation Package. The research investigates legal shortfalls of new EU legislation from the day-to-day business perspective. By comparing and contrasting former and present EU rules and their implementation, it shows how the general aim of spurring on the liberalisation of the EU energy market is achievable. The book suggests de lege ferenda stipulations which may be included in the next energy market liberalisation legislation.

Download or read book ISSE 2012 Securing Electronic Business Processes written by Helmut Reimer and published by Springer Science & Business Media. This book was released on 2012-12-11 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the most interesting talks given at ISSE 2012 - the forum for the inter-disciplinary discussion of how to adequately secure electronic business processes. The topics include: - Information Security Strategy; Enterprise and Cloud Computing Security - Security and Privacy Impact of Green Energy; Human Factors of IT Security - Solutions for Mobile Applications; Identity & Access Management - Trustworthy Infrastructures; Separation & Isolation - EU Digital Agenda; Cyber Security: Hackers & Threats Adequate information security is one of the basic requirements of all electronic business processes. It is crucial for effective solutions that the possibilities offered by security technology can be integrated with the commercial requirements of the applications. The reader may expect state-of-the-art: best papers of the Conference ISSE 2012. Content Information Security Strategy - Enterprise and Cloud Computing Security - Security and Privacy - Impact of Green Energy - Human Factors of IT Security - Solutions for Mobile Applications - Identity & Access Management - Trustworthy Infrastructures - Separation & Isolation - EU Digital Agenda - Cyber Security - Hackers & Threats Target Group Developers of Electronic Business Processes IT Managers IT Security Experts Researchers The Editors Norbert Pohlmann: Professor for Distributed System and Information Security at Westfälische Hochschule Gelsenkirchen Helmut Reimer: Senior Consultant, TeleTrusT Wolfgang Schneider: Senior Adviser, Fraunhofer Institute SIT

Download or read book Research Handbook on EU Energy Law and Policy written by Rafael Leal-Arcas and published by Edward Elgar Publishing. This book was released on 2024-09-06 with total page 707 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thoroughly revised second edition presents a comprehensive overview of the most important contemporary research in EU energy law and policy. The Research Handbook brings together a diverse array of experts, highlighting the multifaceted nature of this continually developing field.

Download or read book Electricity Decentralization in the European Union written by Rafael Leal-Arcas and published by Elsevier. This book was released on 2023-07-10 with total page 931 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity Decentralization in the European Union: Towards Zero Carbon and Energy Transition, Second Edition examines progress in decentralization across the European Union, with each chapter focusing on developments and innovations in a specific country. Sections provide an overview of the current role and state of smart grids, the conceptualization of energy transition, and specific cases across all EU states. Across the chapters, regulatory frameworks are assessed to identify to what extent it is conducive to decentralization, with specific outcomes of decentralization covered in detail, including deployment of smart grids and meters, demand response, electric vehicles, and storage. The book highlights how specific EU member states are progressing towards deployment of these tools and technologies, along with the specific needs and regulatory barriers in each and recommendations for how regulation can be more encouraging. In addition, electricity interconnections in the EU are considered as a vital step towards decentralization in order to boost energy security and energy efficiency. Finally, the book includes a detailed examination of data protection concerns that arise from the advent of new technologies that collect personal information, such as smart grids, assessing current regulation on data protection and identifying areas for improvement, as well as innovative finance options for sustainable energy. Analyzes the regulatory environment with regard to decentralization Explores new tools and technologies to facilitate decentralization, along with current progress in each Addresses barriers and suggests improvements across tools, technologies and regulations

Download or read book Department of Energy and Climate Change Annual Energy Statement 2013 Cm 8732 written by Great Britain: Department of Energy and Climate Change and published by The Stationery Office. This book was released on 2013-10-31 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Annual Energy Statement 2013 sets out the government's priorities in delivering the UK's energy policies in the near term: helping households and businesses take control of their energy bills and keep their costs down; unlocking investment in the UK's infrastructure that will support economic growth; playing a leading role in efforts to secure international action to reduce greenhouse gas emissions and tackle climate change. It presents plans to make switching simpler and quicker, and a new probe into energy firms' accounts, to make them more transparent on profits and prices, as well as increasing penalties for market manipulation and regularly checking that the market is working properly