As reported by Fortune.com, IBM is teaming with the Mediterranean island nation of Malta to build a smart utility system.
The plans include replacing:
“250,000 utility meters with interactive versions that will allow Malta’s electric utility, Enemalta, to monitor electricity use in real-time and set variable rates that reward customers that cut their power consumption. As part of the $91 million (€70 million) project, a sensor network will be deployed on the grid along transmission lines, substations and other infrastructure – to provide information that will let the utility more efficiently manage electricity distribution and detect potential problems.”
**Update: More at Earth2Tech
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Posted by: alcoscots
3:04 am
Our new smart meter is making a postive difference as we now ger regular accurate billing without the shocks we used to recieve. Thank you IBM for introduncing this product to Malta.
Posted by: Andrew Wilson
7:46 am
There are thousands of pages looking similarily on the Internet, but only your one includes content I was looking for. I’m sure I’ll be checking it often! I add it to my bookmarks!
Posted by: Meblarstwo
2:56 am
very interesting project, especially due to the fact that this particular ‘smart’ meter is very caricative in that it can register much lower consumption rates with the aid of a strong magnet. For anyone’s interest, this can be procured from magnet.co.uk for as cheap as 30 euro. Enjoy
Posted by: InfoServices
4:53 pm
I just found your post and how funny is that after 2 years there is still debate about electricity supply in Malta.
Posted by: Malta Company Formation