According to a local publication, the study will focus on the number and types of smart electric meters which the two utility companies need to equip all of their customers in Noida city in a bid to optimise their revenue collection through accuracy in energy billing.
Funding rollout of smart electric meters
NDPL and Tata Power Company aims to identify the most reliable financing model to use in installing smart electric meters in a cost-effective manner.
The research will focus on the type of communication technology which the two energy providers should deploy to secure a reliable connectivity between the smart meters, central control systems and consumers using mobile devices.
In addition to researching on resources required for the successful deployment of the smart meters, the study is designed to help NDPL and Tata Power Company to identify and design business models to return investments made in installing the new metering technology.
The research project is expected to be completed within the next four months.[India to install 2 million Landis+Gyr smart meters]
Smart grid development
Meanwhile, Singapore Power (SP) in partnership with some seven international utility companies launched a programme which aims to drive innovation in the energy sector under efforts to help energy providers to improve their operations and customer services.
The launched programme ‘Free Electrons’ is a consortium of SP with AusNet Services, Dubai Electricity and Water Authority (DEWA), ESB (Electricity Supply Board), EDP (Energias de Portugal), Innogy, Origin Energy and Tokyo Electric Power Company (TEPCO).
The programme will recruit some 12 smart grid startups for them to partner with participating utility firms in the development, testing and implementation of innovative technologies in the clean energy, energy efficiency, e-mobility, grid digitisation and on-demand customer services sectors.
[quote] Shortlisted smart grid startups will be given six months to demonstrate how their solutions can be used to optimise the operations of utility companies.
The Free Electrons programme will also partner with smart energy programmes New Energy Nexus and Swissnex San Francisco to help shortlisted smart grid startups to commercialise their smart grid technologies at global scale.
May Liew, director of strategic development at SP, said: “Singapore Power is committed to providing a high quality, sustainable lifestyle for customers. Together (with the consortium) we can develop transformational energy solutions to provide customers with more choices, and help them to save energy and cost.”
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