The energy industry is bracing itself for the transformations on the horizon. This insight alludes to the complexity of the present UK energy ecosystem with a particular distribution of responsabilities and roles outlining the challenges facing energy distributors and retailers as the smart metering technology is put in place.
Not since the rollout of fixed line telecommunications to every premises in the UK has there been such a significant and ambitious national infrastructure project. The task involves visiting most of the 27 million homes of the UK to roll out new electricity and gas smart meters with a completion target of 2020. The £11 billion rollout program is expected to return savings of £17.8 billion to the domestic and smaller non-domestic sectors over the subsequent decades. The technology itself will bring about some valuable immediate benefits to the consumers, but more excitingly will act as enabling technology for a complex web of benefits to the wider energy ecosystem
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Clément Le Roy
Sylvain Masserot
Amal Boutayeb
Sophie Montoussy