The Use of Industry Data to Facilitate Supplier-Led Smart Meter Rollout in the U.K.: The Case of the Smart Meter Installation Dataset
This IDC Energy Insights Perspective illustrates the features and benefits of the Smart Meter Installation Dataset (SMID), a new commercial service offered by ElectraLink, the provider of the regulated Data Transfer Service (DTS) that sits at the heart of the U.K.'s competitive energy market. The report reviews the peculiar features of the U.K. retail electricity market and the central role of the DTS, as well as the evolution of the industry's regulation and requirements (chiefly the mass rollout of smart gas and electricity meters) that has led to the creation of the service.
Leveraging industry process data from the DTS and property stock information from the Energy Saving Trust (EST) and complementing them with predictive analysis, the SMID generates situational information about property features and possible issues that operators are likely to encounter on a property-by-property basis during the rollout process. By doing so, the SMID provides better data and greater transparency in the market, improving planning efficiency and reducing the massive cost associated with the U.K.'s non-centralized, non-geographic, and voluntary mass meter installation.
This case is a concrete example of how the ability to work with data that is already available in the market can innovate, delivering tangible benefits in terms of:
Reduced installation risk, in terms better prediction of issues and therefore installation outcomes, and costs, in the form of improved scheduling estimates and more efficient use of workforce.
Knowledge base building.Using existing data from the whole country means suppliers and meter operators don't have to start from scratch but can rely on a minimum set of data at the start of the rollout.
Knowledge sharing. As the rollout progresses, new data are inputted in the system by the participating suppliers, significantly improving the accuracy of the predictions generated through the dataset.
Cost sharing. The use of the service to meet a common requirement for all participants means that the cost of its development and update is effectively shared across the industry.
Better customer experience. Along with cost reductions, the use of the SMID helps minimize disruptions for end users, ensuring accurate appointment scheduling and installation times.