Munich/Pforzheim, February 12, 2019 – Smart metering is the buzzword of the hour. Digital meters are gradually replacing their analog predecessors. This is a major step forward for the industry, because smart metering systems that can also transfer the data they capture are a key factor in smart energy use. And they hold enormous potential – both for developing a clean energy industry and for energy customers who want smart ways to manage their energy consumption. The solutions available will be showcased from May 15 to 17 in Munich. From smart building automation to energy management, EM-Power, the exhibition for intelligent energy use in industry and buildings, puts the spotlight on professional energy customers. Visitors to the event – taking place from May 15 to 17 – can learn about the latest developments and technologies in the sector, in particular at the Smart Metering / Energy Controlling joint booth.
Digitalization is a crucial, and urgent, step on the road to a modern energy industry. It is essential for the integration of renewable energies and smart coupling of electricity, heating and mobility sectors. For energy generators and consumers, meanwhile, there is enormous potential for added value and other benefits.
“A decentralized energy system which is based on renewable energies, and involves a multitude of stakeholders and small PV installations, storage devices, heat pumps or charging points for electric cars, will only be possible with digitalization” says Robert Busch, CEO of the German Association of Energy Market Innovators (bne). This year, the industry association is partnering up with the innovation hub for empowering new energy solutions The smarter E Europe. “Smart metering systems make a vital contribution to the energy transition. They enable connection, communication and automation between the people, devices and systems involved, and ensure that all of this is done at the necessary speed. Free – i.e. non-certified – metering systems already offer a wide range of functions and provide consumers and businesses with attractive solutions for self-generation, tenant power models, neighborhood concepts and e-mobility.”
Attractive business models with smart metering
When it comes to smart metering, there is a need for action – with the promise of great commercial potential in return. Many businesses have also recognized this and will be at EM-Power to present the first projects carried out in this field. Previously, energy consumption and generation was metered purely for the purpose of billing. A new legal framework has now been set up and, in the future, metering points will be able to provide valuable information for the development of energy solutions that are tailored to demand.
Smart measuring systems are a precondition for efficient energy monitoring and controlling and, as a result, for energy management in industrial enterprises, singular properties, building complexes and neighborhoods. The data that they collect can be used by energy management systems, for controlling light and heating in buildings, for example.
Companies such as car sharing providers with their own fleet of electric vehicles can also benefit from smart metering. The technology makes it possible for them to centrally record power consumption at public charging stations, analyze the data, and use this as a basis for purchasing the required quantities of power – on favorable terms – and ensuring standardized billing. So there are major savings to be made here.
The European textile retailer NKD also wants to use smart meter gateways for intelligent energy monitoring in its outlets. It is replacing all 1,300 analog power meters with smart devices that use a communication interface. This will give it a better overview of its energy demand – consumption data will be captured every 60 seconds and sent to a mobile app, allowing the company to implement an intelligent energy management system and detect anomalies caused by faulty devices, as well as unusual patterns of generation and consumption, early on. It will also be possible to compare figures for stores of the same size to encourage internal competition.
EM-Power 2019: Smart Metering / Energy Controlling joint booth
The rollout of smart meter gateways holds a great deal of potential for the energy industry – not least in financial terms. Because in today’s digital world, nothing works without a sufficient data basis. The data needs to be sufficient to enable up-to-date energy management without compromising data security. The Smart Metering / Energy Controlling joint booth at EM-Power, the exhibition for intelligent energy use in industry and buildings, highlights the broad spectrum of possibilities and ideas. From May 15 to 17, businesses will be using the booth to present their solutions for smart metering, metering point operation, energy monitoring and controlling, and energy management systems.