Serbia energy management iot

Will the EIB install 400,000 smart meters in Serbia?

Vujasinović also confirmed expectations of an announcement from the European Investment Bank (EIB) of a project to install 400,000 smart meters in the country. Jovan Vujasinović, CEO of VF Holding, discusses the Serbian smart metering project, which is planned to begin installation in early 2024.

How many smart meters are installed in Serbia?

“In Serbia we have (so far) installed about 100,000 meters, using GPS communication and the G3 PLC module,” he said. The current smart meter project aims to install 230,000 smart meters with installations planned to start early in 2024. How does IoT work for smart metering?

How can IoT be used in energy generation?

A variety of renewable sources, pricing, and load management strategies involve the use of IoT in energy generation. Many new solutions for smart energy systems are provided with critical thinking and clear vision, and key industries for IoT revenue generation and application development are described.

What are Serbia's main goals guiding the G3 project?

Two main goals guiding the project have been reducing electricity losses on the network and enabling more efficient connections for the country’s consumers. “In Serbia we have (so far) installed about 100,000 meters, using GPS communication and the G3 PLC module,” he said.

Why was NB IoT chosen?

NB IoT was chosen, he added, due to the increasing need for near-real time meter data, which necessitated a switch to a communication system with the necessary “scalability, security and lifetime/system availability of at least 15 years”.