Focus on core competences
Whether it's production, distribution network operation or trading: increasing specialisation has resulted in new market alliances. This creates the need to exchange information many times via defined interfaces – and often over large distances and several connection points as well.
The right product
The procurement market is changing: the full transmission capacity is increasing and the demand for electricity volume is growing. At the same time, the user sector demands more flexible and market-oriented offers – the price of electricity from the mains takes on new meaning. Parallel to that, the market share of forms alternative energy generation is climbing.
Optimising costs
The liberalised market demands that services have a higher degree of customisation, while also having higher efficiency in the placing the offer. To have the right data at the right time is cost effective. Economical procurement and continuous processing of consumption data is an important challenge for countless market participants.
Advanced Metering benefits five basic business areas
Advanced Metering can play a deciding key role for the solution of important business tasks because it makes several important tasks economical for the first time, which will be significant for the energy market of the future. In addition to the classic remote read-out, there are five business areas that benefit from Advanced Metering:
- Processes
- Products
- Services
- Infrastructure
- Business models
1. Processes
Advanced Metering defines and automates not only the read out of measurement values, but also their preparation. This is decisive for the option of true bi-directionality. Application examples range from real-time information for the energy customer up to delivery interruption for outstanding payments.
2. Products
Advanced Metering makes the electricity price from the mains economically feasible for the first time. High dynamic pricing models create attractive offers and help to effectively smooth out power peaks.
3. Services
Advanced Metering simplifies service offers for procurement as well as for implementation. The prediction and posting of reliable load data for purchase processes is less expensive. On the customer side, processes such as provider change, remote parametrisation or contract renewal for a change of address change can be centrally controlled.
4. Infrastructure
The maintenance of a large infrastructure is expensive – and often various emerging energy carriers (electricity, gas, water) are calculated on dedicated systems. Advanced Metering consolidates the measurement infrastructure and simplifies connection and maintenance of additional measuring points in that each meter is individually addressable.
5. Business models
Energy consumption values become a tradable commodity, as is the availability of transmission capacity as well. Business processes are less and less limited by geographical location. The results are new business models and alliances. Advanced Metering simplifies the interruption-free exchange of communication data with new and old market partners.
