European utilities

European smart metering received a positive push with the publication of the EU Internal Energy Market Directive (2009), which established that member states should ensure the implementation of intelligent metering systems. At least 80% of European consumers should be equipped with smart meters by 2020 provided the result of a cost benefit assessment (CBA) of smart metering at national level is positive.

Still, to date the investment in smart metering in Europe has been moderate. Only Italy and Sweden have finalized their rollouts (Italy installed 36 million smart meters between 2001 and 2008, and Sweden 5.2 million smart meters between 2003 and 2009) while Malta and Finland will complete their smart metering rollouts shortly, with Finland installing 5.1 million meters and Malta 50 000.

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