3 Applications Shaping the Future of Smart Meters
Smart meters are taking center stage in our unpredictable energy infrastructure. These digital devices and cellular Internet of Things (IoT) connectivity are transforming the industry.?
Utility companies need efficient billing processes. They also need effective supply and demand management and streamlined delivery across networks. Smart meters, with the right connectivity, serve all these needs. Their applications introduce a new dimension and unlock a host of innovative features.?
Many people don’t realize that smart meters serve the entire energy infrastructure from a holistic view. They foster a symbiotic relationship in three areas:?
?Each of these contributes to and benefits from the existence and health of one another.??
Grid efficiency improves as environmental sustainability practices are implemented. A more energy-efficient grid optimizes resource use. Empowered consumers with real-time data can make informed decisions to reduce energy consumption. This further contributes to environmental sustainability while enhancing grid efficiency.?
Smart meters with cellular IoT connectivity create a synergy that balances the ecosystem. All components work in tandem for each other’s good. Let’s take a closer look at these three pivotal use cases.?
Smart Meters and Environmental Sustainability
Around 15 years ago, connected meters replaced manual readings, giving rise to smart meters. Since then, they have transformed how electricity, gas and water consumption are monitored and managed for various use cases.??
A critical use case is environmental sustainability. The urgency of growing environmental concerns has fueled the rise of smart meters.?
According to the U.N., approximately 35% of global greenhouse gas emissions come from the energy supply industry (e.g., heat and electricity). McKinsey states that vehicles contribute an additional 15% of global emissions.??
Electricity must be generated from renewable resources and tracked to move toward electric power. Smart meters became pivotal in addressing these concerns.
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Smart Meters in AMI and the Smart Grid
With the right connectivity, smart meters integrate seamlessly into advanced metering infrastructure (AMI) and contribute to the smart grid. These meters can track the electricity supply quality (e.g., voltage and harmonics) across millions of endpoints.??
They can enable remote control of high-consuming appliances during peak demand periods to enhance grid balance and operational efficiency. Energy companies can use data to find and fix grid problems and manage supply and demand in real time.??
Smart Meter Empowers Consumers and Prosumers
Smart meters extend beyond traditional billing processes. They offer applications akin to smartphone apps that revolutionize the customer experience. Smart meters provide consumers with real-time feedback about energy usage along with remote control of appliances.??
Consumers can identify which appliances contribute the most to their energy bills and adjust remotely. Individuals can control how they reduce energy waste. Technologies like in-home displays show users their energy budget, helping them be more sustainable.??
Electricity consumption has transformed due to the rise of prosumers. These are individuals who generate their electricity. This includes solar panels, wind turbines and energy storage systems like electric vehicle (EV) batteries. Adapting to increased energy consumption in managing the grid is imperative.?
The Role of Cellular IoT Connectivity in Future-Proofing Smart Meters
Smart meters require the right connections for seamless integration between devices and systems. Variables like security and power usage are essential considerations.??
Challenges can arise in connectivity, from noise interference to scalability. Some protocols require additional hardware, and others demand ongoing maintenance and support.?
?Cellular IoT connectivity, in its various generations, has emerged as a popular choice across all metering types. Leveraging cellular networks allows smart meters to communicate seamlessly. They also provide reliable and widespread coverage that supports the evolving needs of the industry.??
Understanding the connectivity options available for smart metering is vital in shaping future deployments and upgrades. The combination of legacy technologies and emerging solutions offers a diverse toolkit for utilities.?
Discover how to future-proof your smart meter with cellular IoT connectivity for greater efficiency and flexibility.??
Speak with our experts to get started on your smart energy application.?