81.2 mln smart meters in Europe by 2013

According to Berg Insight, the installed base of smart electricity meters in Europe will grow at a compound annual growth rate of 15.6% between 2008 and 2013 to reach 81.2 mln at the end of the period. After massive rollouts in Italy and the Nordic countries, the turn has now come to France, Spain and the Netherlands to receive smart electricity meters. Berg Insight expects that new installations will reach a rate of 11 mln units annually in these countries by 2013.