Cost-benefit analysis of smart metering in Austria
The EU Electricity Directive provides in an annex that smart metering be introduced. This can be subject to an economic analysis that shines a light on the long-term costs and the advantages for the market and for consumers. The economic feasibility different types of smart metering should be analysed and a reasonable time frame for the roll-out proposed. Where roll-out of smart meters is assessed positively, the Directive requires that at least 80% of consumers be equipped with intelligent metering systems by 2020.
Following a public tender, E-Control commissioned consultancy PricewaterhouseCoopers with a study on smart meter roll-out in Austria.
It analyses all relevant aspects of blanket roll-out of smart meters for electricity and gas throughout Austria and evaluates them.
A cost-benefit analysis was conducted to asses the effects on market players. In addition, macroeconomic analyses provide information on the effect of the Austrian economy as a whole (e.g. on employment, GDP). The exercise included effects for consumers (households, small businesses, and agriculture for electricity), system operators and suppliers. Impact on the market model and on competition was also considered.