Openness will revolutionise the traditional energy metering system market

Energy users will demand real-time metering data and new services in future, and energy companies will meet this need by installing energy meters based on Automatic Meter Reading (AMR) for almost all users in the next few years.

- In future, energy companies will be reluctant to commit themselves to solutions based on a single system supplier. Instead, they will go for combining various technologies more freely, based on their specific needs. As consequence, the traditional market positions of energy metering systems will crumble and the industry will adopt openness as the key concept.

Timo Chrons, Managing Director of Aidon Ltd, is confident this prediction will be fulfilled. Aidon Ltd specialises in energy metering and operates not only in Finland, but also in Sweden and Norway.

- We challenge the operators in this industry to create a new operating model together with energy companies. It is essential that we initiate a discussion in order to create openness and compatibility. We have been committed to starting the debate and aiming for openness, without compromise, at all levels of the system. In our opinion, we have succeeded in this, says Chrons.

Current AMR systems are based on technologies specified by manufacturers, and due to the lack of openness and compatibility, energy companies are forced to choose one system supplier only for the entire system. This hampers system acquisition and its flexible development, and may also require major one-off investments.

- In our view, such a low level of openness and compatibility forms a serious obstacle to further development of energy metering. In the EU area alone, there are over 200 million metering points that need to be read on-site. For this reason, the need for automatic meter reading is huge, but equipment manufacturers have not been able to combine forces and meet that need, says Chrons.

Aidon has launched the first energy metering concept based on openness. The system is characterised by openness throughout, from its top level all the way to metering energy consumption. The new energy meter, developed by Aidon, can use several communications technologies, according to the needs of the energy company.

Aidon aims at becoming one of the top companies in the industry in the Nordic countries. The company was founded by highly experienced operators in the field, who own the majority of shares together with the staff and capital investors.

Aidon Ltd develops and markets equipment, software and services for automatic meter reading. The major customers of the company, which operates in Finland, Sweden and Norway, are energy companies. Aidon Ltd, founded in 2004, is owned by corporate management, staff and capital funds.

For further information, please contact Timo Chrons, Managing Director, Aidon Ltd, tel: +358 207 205 880, timo.chrons@aidon.fi www.aidon.fi