Monday, July 22, 2024
HomeElectricityLithuania launches largest smart metering project in the Baltics

Lithuania launches largest smart metering project in the Baltics

Lithuania’s electricity and gas distribution company Energijos skirstymo operatorius (ESO) has concluded a procurement agreement for smart metering infrastructure with French company Sagemcom Energy and Telecom which will ensure the acquisition and implementation of about 1.2 million new generation smart electricity meters as well as system data management and communication solutions.

Smart meters will transmit the information about energy consumption via a secure connection and residents will never have to write down the meter readings again, they will be able to see accurate consumption details, receive new services from market participants as well as consume energy more efficiently. The contract value of the largest smart metering project in the Baltic States amounts to 75 million euro.

Sagemcom will implement the tender together with partners: Siemens will be installing software while connection services for the new equipment will be provided by Bitė Lietuva.

“Installation of smart meters is an important step towards transforming the energy sector, which marks the progress and digitisation of the entire Lithuanian energy sector,” said Dainius Kreivys, Minister of Energy. “It is one of the largest smart metering projects in the Baltics states, which will help ensure energy consumption efficiency as well as a reliable supply of energy for a competitive price. Our goal is bright and warm homes, and solutions like these motivate consumers to change their habits, to consume energy more efficiently while it motivates suppliers to offer a greater variety of possibilities and services.”

After upgrading the meters, an accurate payable amount will reach the customer in a pre-generated bill. It will allow residents to see easily, accurately and effortlessly access their consumption data, analyse it and change consumption habits.

“New generation smart meters are an important part of complex electricity network infrastructure, which, after upgrading the network, will improve the quality of services of the distribution system operator while implementation of the smart metering system will enable the energy evolution in Lithuania,” added Mindaugas Keizeris, CEO at ESO. “So we are glad to have concluded the contract with a professional, experienced, and, most importantly, reliable partner, who is leading in such technology in Europe and has a long-standing experience of working in our region.”

By the end of 2023, residents consuming over 1,000 kilowatts-hour (kWh) of electricity per year and all business customers will be upgraded from old meters to the new smart ones. Starting from 2024, the old meters will be changed for the remaining residents at the end of their metrological validation.

Photo: Ministry of Energy.

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular