Malta Latching on to Smart Grid Movement
Even Malta is catching the smart grid bug, partnering up with IBM for a $103 million project to install a smart grid and replace 250,000 old meters with smart meters by 2012.
The move saves the government money, but also has a special perk for citizens.
The Maltese National Electricity and Water Utilities Enemalta and Water Services Corporation (WSC) says the deal will also include advanced IT applications enabling utilities to remotely monitor and suspend meters, as well as allowing consumers more choice over their tariffs.
"This agreement will not just transform Enemalta's metering operations but will also help us introduce new back-office applications to provide an unprecedented customer relations service," said Enemalta's chief executive Karl Camilleri.
Thanks to improved IT with the smart grid, citizens can check their consumption on the internet and choose appropriate tarffis. No more guess work.
More on Smart Grids:
Smart Grids Are the Big Thing of 2009
GE to Spends Big Bucks for Smart Grid Ad on Superbowl
Smart Grid Coming, But Are Smart Homes?
Advance Excerpts of "Electronomics: How the Smart Grid Will Power American Prosperity"