Antagonism towards smart meters crosses political lines

According to a recent New York Times article, resistance to smart-meter implementation is sprouting across the country and seems to cross all ideologies and political boundaries.

In California, PG&E has installed nearly seven million smart meters, but protests are erupting just as installation of the devices has reached full steam. “Stop Smart Meter” signs are found on bumper stickers and lawn signs while, ironically, local governments surrounding the epicenter of smart-grid techno wizardry in Silicon Valley are raising big challenges. In Santa Cruz County south of San Jose, the Board of Supervisors extended a yearlong moratorium on smart-meter installations, while in tony Marin County north of San Francisco, officials approved a ban in the largely rural areas of the county comprising 25% of its inhabitants.

It seems that people from all stripes are against smart meters, but for widely differing reasons. Some on the environmental fringe are concerned about the health effects of all that “radiation” from the low-power radio and microwave emissions zipping data from the meter to utility. Meanwhile, smart meter opponents from the right decry the erosion of freedom, while those on the left fret about the rise of corporate power.

It is doubtful that this small but growing opposition will put a serious dent in smart-meter deployment. Already, some 16% of buildings and homes in the U.S. incorporate advanced meters, and that number is expected to grow to 20% by the end of 2011 alone. Even so, it remains quite possible that customers will dig in their heels over the variable pricing that smart meters enable. However, even if resistance materializes, utilities will still benefit – both from reduced costs, as manual meter-reading becomes superfluous, and from improved grid stability as info on electricity demand – and blackouts – becomes vastly more accessible. In the end, the protests may be loud, but the smart-meter purveyors like Itron and Landis+Gyr will continue to see robust growth.

Smooth, Strong Growth Seen for Emerging Green Services

Smooth, Strong Growth Seen for Emerging Green ServicesAlthough growth in established green building technologies – those that improve on a building’s existing energy profile – has kept pace with overall construction growth, many emerging green technologies are on an accelerated growth curve. Most notable among them are those in the green services category, which encompasses demand response, building energy management and smart meters. In 2009, this segment represented only 11% of the overall green building market with $16 million in revenues. But it is on track to expand to $55 billion in 2020, reflecting a robust 12% CAGR.

The bulk of green services revenue lies in energy service companies and the fractured engineering and design services delivered by firms such as Ameresco, Honeywell Building Solutions, Johnson Controls Government Systems, Con Edison, Carrier, and Siemens Government Services. But the strongest growth will derive occur in demand response, which we project will expand from $0.6 billion today to $12 billion in 2020, reflecting a 31.6% CAGR.

Revenue from building energy management services is estimated to grow at a more conservative, but still robust 12.9% CAGR, from $2.2 billion to $8.5 billion in 2020. Technologies within this category enable real-time control (and minimization) of energy consumption for HVAC, lighting and other building systems. Hence, we include smart meters under the services category. Provided by companies such as Itron, eMeter, Eka Systems, Tendril Networks, and Landis+Gyrh, smart meters provide the real-time information about energy consumption that enables energy management.

Smart meters are expected to grow from $0.7 billion this year to $10 billion in 2020, a 27.8% annual pace.

Source: Lux Research report “Diamonds in the Rough: Uncovering Opportunities in the $277 Billion Green Buildings Market.”