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Smart electricity meters set to ramp into 2014


By Larry Dignan | Jan 28, 2010

Read More: http://www.smartplanet.com/business/...nto-2014/3690/

The number of smart electricity meters in the field are set to explode in the next 5 years, according to ABI Research. Smart electricity meters allow for two-way communication between the meter and the utility. In many respects, these meters are on the front lines of developing the so-called smart grid, which can adapt to power demand and manage spikes in real-time. According to ABI, the worldwide deployment of smart electric meters is expected to rise from 76 million in 2009 to 212 million in 2014.

- In addition, the EU and China are also pushing, or are about to push, smart grid development. Needless to say, technology vendors are more than happy to get a piece of the smart grid pie.