All homes in Denmark must have a smart electricity meter which records energy use every hour by 2020, under new plans put forward by the nation’s Climate, Energy and Building Minister last week.
Martin Lidegaard announced an executive order which – if approved – will require energy companies to install smart meters in every home.
The UK has its own 2020 deadline for a smart meter rollout – a year later than originally planned – but whereas very few British homes have smart meters yet, roughly half of all Denmark’s homes have one already. The new plan is meant to bring the remaining Danish households in line with them.
Mr Lidegaard said: “The potential is enormous. A smart energy system begins with smart electricity meters. When consumers get an hour-by-hour overview of energy consumption, it increases the ability to impact on electricity bills.”
Denmark’s Competition and Consumer Authority expects the hourly settlement will lead to increased competition in the electricity market, says the Danish Ministry for Climate, Energy and Building.