Smart metering as a core enabler of smart grid architecture brings operational efficiency; enables integration of renewable energy resources; strengthens the financial efficiency by controlling losses; empowers consumers to have better control of power consumption and makes the power distribution ecosystem more sustainable.
The performance of the power sector is a leading indicator of a resilient economy, economic growth, and a sustainable socio-economic development. Electricity enables transformation at the bottom of the pyramid with underprivileged sections empowered through various economic benefits. Adequate access to equitable and optimally priced electricity at all levels of demography is the driving force behind all power sector reforms. Given the sector’s relevance, growing concerns around availability of fuels like coal, high power generation costs and poor financial health of DISCOMS, the mounting Aggregate Transmission & Commercial (AT&C) losses and operational efficiencies have to be addressed to ensure sustainable development.
CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications.