The urgency to address environmental concerns plays a crucial role in the development and adoption of smart meters. Approximately 30 percent of greenhouse gas emissions result from the production of heat and electricity using fossil fuels. Additionally, transportation contributes an additional 15 percent of emissions, mainly from vehicles. As society increasingly transitions toward electric power, it is imperative that the electricity itself is generated from renewable sources rather than fossil fuels. This drive towards renewable power generation provides added impetus for the implementation of smart meters.
Aligned with various green agendas and targets, smart meters are an essential component of a broader smart grid, addressing our heavy reliance on fossil fuels and infrastructure challenges to meet growing energy demands.
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.