Page 6 - Smart Metering Handbook
P. 6
THE ENERGY
TRANSITION HAS BEGUN

The world is facing considerable environmental and energy policy chal-
lenges, requiring new approaches and solutions. One of the most impor-
tant projects on the road to a sustainable future is the development of a
smart grid. Smart grids will not only provide the essential energy infra-
structure required for a dynamic, decentralized energy supply system,
but are also an opportunity to increase energy efficiency, optimize energy
usage and de-carbonize electricity supply.

The first step in building smart grids is the introduction and uptake of
smart metering. This technology forms the basis for energy management;
whereas the traditional energy meter was only capable of measuring con-
sumption, a smart meter is an essential operational component in the
distribution network.

The implementation of smart metering is a paradigm shift for the energy
industry. It is also a significant change for society at large: an intelligent
energy infrastructure will bring job growth through the development and
implementation of new technologies, enhance European competitiveness
as well as support key energy policy goals which will ensure that Europe
has a clean, efficient and reliable enery supply system.

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