Smart meters
Smart meters are a cornerstone of digital infrastructure for the energy transition. They enable real-time data collection, help monitor and track integrated energy systems, and inform operational and strategic decisions. Smart meters enhance consumer and provider engagement and unlock demand-side flexibility that modernise grids, integrate more renewable electricity, and improve operational efficiency and resilience. They are, simply, essential infrastructure for achieving climate targets and building a cost-effective, secure energy system.
Global deployment of smart meters has accelerated since 2010, with over 1 billion units installed. Combined with smart tariffs and digital controls, smart meters could enable household savings of 5-15% on average and are central to unlocking flexibility benefits across power systems. Nevertheless, barriers to deployment remain, including issues with data privacy and security, interoperability, standardisation, skill gaps, and legal or bureaucratic delays.