In 2019, smart electricity meters will account for 63 percent of the nearly 200 million electricity meter shipments expected around the world, according to a 2018 IHS report. This volume of smart electricity meter shipments is forecasted to increase in size over the next five years. With the rise of low-power wide-area networking (LPWAN) technologies, such as Semtech’s LoRa® devices and the LoRaWAN® open protocol, new “smarter” metering solutions are proving to be a compelling alternative to other connectivity options for both Internet of Things (IoT) networks and smart grid applications. With several hundred known use cases (and growing), LoRa-based devices and LoRaWAN networks represent the leading choice for IoT solutions today.
European Utility Week (EUW) will be held November 12 to 14 in Paris, France, and all the biggest names in metering and utility management are preparing for an exciting event.
CavagnaGroup® is a leading creator of smart solutions and products for controlling and managing compressed gasses. These products have been successfully implemented into a wide range of markets including, energy, medical, alternative fuel, and even specialty cryogenics. With years of close collaboration, CavagnaGroup and Semtech have developed a range of innovative smart industrial products based on LoRa® devices and the LoRaWAN® protocol. Recently, Semtech was invited by CavagnaGroup to participate in the World Liquefied Petroleum Gas Association (WLPGA)’s annual event in Amsterdam.
The market for smart utility meters is growing at a rapid pace. A recent report by ABI Research predicts there will be an installed base of 1.34 billion meters by 2023*. IHS Markit forecasts almost 50 million smart water meters will ship globally in 2023, a number which is roughly four times its size in 2017. Year over year, the number of new meter shipments for water, gas, heat and electricity is increasing at a rate of four to five percent according to IHS. Globally, the proportion of smart meters will soon exceed half of all meters shipped annually. The largest utility adopters of Internet of Things (IoT) technology for smart metering devices are electricity (64 percent), followed by gas (38 percent) and then water (26 percent). Behind these strong growth numbers, the adoption of smarter technologies for metering is predicted to continue for the foreseeable future.
The Czech Republic in Central Europe has 10.6 million inhabitants over an area of 78,866 square kilometers (30,450 sq. miles). Since the 1970s, Czech Radiocommunications (CRA), based in Prague, has been the sole provider of broadcasting television and radio to citizens nationwide.
In Paris this November, Semtech will be again exhibiting at European Utility Week, the world’s foremost annual smart utilities and metering conference. Last year in Vienna, the conference drew more than 12,000 visitors and this year’s attendance is expected to increase by half. We will be among the over 800 exhibiting companies at the Paris event, and will be showcasing Semtech’s LoRa® devices and the LoRaWAN® protocol for innovative utility metering applications. This blog is part one of a three-part series on the benefits of LoRa for utilities leading up to the event.
European Utility Week (EUW) 2018 will be held on November 6 to 8 in Vienna, Austria and all of the biggest names in metering and utility management are eagerly preparing.
For businesses, water can often be one of the most expensive utilities. Additionally, it can be hard to keep track of just how much is being used in order to prepare for the costs. For big corporations, concerns are much larger than whether or not a sink has been left running. Supermarkets, for example use millions of gallons per year in refrigerated display cases, frozen food cases and storage freezers. If a leak occurs, or proper efforts are not taken to assure systems are running efficiently, water waste becomes a very serious and costly issue quickly.