January 13, 2014 - A consortium of eight Danish utilities, the MV Group, has committed Kamstrup to deliver 153,000 smart meters over a three-year period. The upgrade to smart meters is expected to make the utility group ready for the Smart Grid by enabling crucial optimizations of grid management and administration. Spokesman for the MV Group and Technical Manager in RAH Service, Per Nielsen, says: “With these meter replacements, we are looking forward to offer the most modern technology on the market to our customers, who will be able to follow their energy usage in detail and decrease it accordingly."
For the utilities the investment means a rewarding pay-off: "There is no doubt that our new smart metering system will give all companies a lower total cost per year, and we expect a payback time of just 7-10 years,” so Per Nielsen. The system to be delivered is Kamstrup's OMNIA Smart Grid suite that will comprise all supply forms in the areas including electricity, heat and water meters. All meters will be connected to the same system delivering big data to the utilities, who can benefit from a fine grained picture of supply and consumption – The most needed prerequisites of a strong customer service and grid optimization.
The order follows in the wake of the long-awaited announcement of the Danish Energy Agency that all electricity meters must be remotely read by the end of 2020, allowing consumers to track their consumption hour by hour. This announcement and the ensuing roll-out of smart meters for the MV Group are the manifestation of the Danish Government's progressive Smart Grid Strategy that was published in April 2013 aiming to make the grid intelligent and ready for the green transition. “We are very pleased with the agreement with MV Group. The announcement was expected in the whole industry and will mean, that all the investment plans that were already made by energy supply companies in Denmark, finally can start and be carried out”, CEO at Kamstrup, Per Asmussen, said.
About Kamstrup
Kamstrup serves energy companies and utilities with innovative metering solutions for electricity, heat, cooling, water and natural gas. Our solutions include Smart Grid applications, Smart Metering systems, and consumption meters. Energy and water meters from Kamstrup are installed in homes worldwide securing fair billing and an efficient use of energy. Kamstrup was founded in 1946 and is a 100 % Danish company with representations in more than 60 countries.
