Fortum invests in smart metering in Norway
Fortum is investing in a smart metering system based on two-way communication in Norway. The installation of the new meters will begin in 2013 and altogether 100,000 households as well as small business customers in Fortumís network area will be connected to the system by 2015.
Fortum has chosen Telvent to deliver, install and operate the system. The service agreement includes Echelonís metering equipment, Telventís system as well as maintenance and collection of meter readings. Fortum and Telventís contract also includes several options for future development and upgrading. Telvent has since 2009 been Fortumís partner in the currently ongoing Finnish smart metering rollout.
ďWith the new smart meters, invoicing will be based on real electricity consumption. Customers receive more accurate information on their electricity consumption and therefore have better possibilities for saving energy. In addition, the smart meters will be used for more efficient power failure resolution and as a platform for future development of smart grids and services within electricity solutionsĒ, says Ari Koponen, Vice President, Distribution at Fortum.
Norwegian legislation requires hourly meter reading by the end of 2016. The smart metering system provided to Fortumís customers will include a variety of features such as consumption reporting via the internet and a connection to future smart home systems via an interface in the meter.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.