Smart meters set to increase uptake of PV

The rollout of smart grids across Europe will give the PV sector more momentum, as consumers become increasingly aware of their energy consumption and how they can trim their bills.

Often overshadowed by the EU’s 2020 renewables target, the Third Energy Package of 2009 dictates that 80% of European households — more than 200 million homes — must be equipped with smart meters by the end of the decade.

Smart meters allow homeowners to gauge their electricity consumption in real time, and policymakers hope the law will encourage consumers to alter their habits to take advantage of cheaper electricity at times of low demand — so-called demand response.

Most governments have opted to approach their renewables targets through investing…

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