Trilliant Launches UK Smart Metering Interoperability Group
Trilliant has launched a smart metering interoperability group to support UK utilities with their smart meter roll-out. According to Trilliant the group will offer utilities a clear low risk route for utilities to help consumers to cut their energy bills. The interpretability group consist of eight industry players including in-home display providers and energy and water resource management solution provider.
The UK energy management body OFGEM has approved the availability of funds for six smart grid projects across Britain. The money will be used to fund energy projects run by Distribution Network Operators (DNO). OFGEM is hoping that lessons learned in the pilots will help grid companies to develop the grid networks of the future. The £57 Million is being made available from the regulator’s £500 Million Low Carbon Network Fund.
According to research firm ABI Research an estimated $590 million was spent on smart grid security technologies in 2010. They are projecting that by 2016 the amount will surpass $2 billion. In 2011, security spending on transmission upgrades made up the largest portion of smart grid spending; approximately 54%. ABI expects security spending to maintain this trend over the next five years.