The analyst Frost & Sullivan (F&S) has said that Echelon is a “clear leader in the European smart meter market”, with an 81 per cent share of the smart electricity meter installed base in Europe.

About 35m Echelon meters have been installed to date on the continent.

Echelon holds market shares of 95 per cent in Italy, 60 per cent in Denmark, and 40 per cent in Sweden. The company has been awarded the largest deployment undertaken in Norway to date: 100,000 mart meters. Additional projects in Austria, Finland and Russia bring the firm’s cumulative share to 81 per cent.

Echelon’s Networked Energy Services (NES) system uses the Open Smart Grid Protocol (OSGP) as a basic standard. OSGP has become a de facto standard for smart meters and smart grid infrastructure communications, with more than three million meters already installed.

For more Smart Grid news click here.