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1/15/09

Virtualization: Landis+Gyr: Finland Leads Way in EU Drive for Energy Conservation

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Landis+Gyr: Finland Leads Way in EU Drive for Energy Conservation

Finnish utilities are leading European efforts to conserve energy and protect the environment by deploying Advanced Metering Management (AMM) solutions for businesses and consumers. Landis+Gyr, a global leader in energy management solutions, during 2008 signed AMM contracts with five forward-looking Finnish utilities that will install smart meter solutions enabling 145,000 new consumers to manage energy better. Smart meters are expected to revolutionize energy management and grid reliability across the globe. Smart metering solutions provide utilities with a two-way flow of data required to manage energy use, efficiency and demand response and network protection. Consumers benefit from lower energy costs, and, crucially, a reduced carbon footprint.

An October 2008 report from VaasaETT, an energy think tank in Helsinki, found that energy savings via use of smart meters and in-house displays show average savings of 10.3%. Another 2008 paper, from the European Commission, estimates 7% energy savings for households and 10% for businesses.

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