In European smart metering news, one of the continent's largest utilities Iberdrola closed 2014 with 4.2 million smart electricity meters deployed.
Multinational energy company Iberdrola installed 4.2 million smart meters across ten areas of Spain as part of the STAR – Sistemas de Telegestión y Automatización de la Red or ‘Network Remote Management and Automation Systems’.
The total STAR project requires the replacement of 10.3 million analogue meters with smart devices using PRIME standards.
Gas Natural Fenosa, meanwhile, has notched up 1.26 million smart meter units in the field meeting a target of replacing 35% of its domestic meter stock.
Linky pilot to cut energy consumption
Meanwhile in France, national electricity distribution company Electricité Réseau Distribution France (ERDF) is launching a pilot in the region of Brittany with the aim of reducing spending on power.
In an area of France that produces only 10% of the energy it consumers, ERDF will install 10,000 Linky smart meters across the cities of Lorient and Ploemeur as part of the three-year Solenn ( SOLidatrité Energy innovation).
The project, which has a budget of €13 million, including 5.3 million from the state, will gather and anaylse data on individual power consumption and propose ways to develop public policy to save money.
Wireless network for global smart metering
And in other French smart meters news, Sigfox, which provides wireless network services for smart electricity meters, has secured US$115 million for seven investors to build global networks for the Internet of Things, Reuters reports.
Investors include Spain's Telefonica and France's GDF Suez, the sources said, noting NTT Docomo Ventures, SK Telecom, Air Liquide and Elliott Management had also invested.
Sigfox's network covers France, Spain, the Netherlands and 10 of the UK's larger cities.
Money raised on Wednesday will finance a rollout in the United States, Latin America, Japan and South Korea.
Sigfox builds low-energy, low-cost wireless networks to connect objects such as electricity meters, smart watches or washing machines, providing the infrastructure that makes the so-called Internet of Things possible.