As energy gets smarter, ‘time of use’ tariffs spread globally

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The electrification of transportation and the increasing reliance on renewables are expected to generate bigger demand peaks on the electricity market.

Many countries are now turning to utility customers to balance the grid. Europe and North America are already testing innovative solutions, while India is next on the list.

Earlier this year, the Indian minister of power R. K. Singh announced that the country would have mandated the use of smart meters starting next April, 2019 in a move to incentivise energy conservation and reduce the stress on the grid during peak demand times.

Read the full article here.

Source: Smart Energy International

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