Skip to main content

Time To Get Smart - Carbon Footprints In Your House...

Smart talk?

The whole global warming and need for carbon reduction is very much debatable. But measures are being taken in Ireland to reduce your carbon footprint in your house...



It's now time for..."Smart meters scheme to help reduce home electricity bills...

HOUSEHOLD ELECTRICITY meters in the Republic are to be replaced by "smart meters" which offer a range of functions including the intelligent use of cheap-rate electricity, while also providing for householders to sell home-generated electricity back to the national grid.

The meters are to be rolled out over the next four years at a cost of almost €1 billion.

Launching a pilot scheme involving an initial 15,000 smart meters yesterday, Minister for Energy Eamon Ryan said they would help householders to reduce their electricity bills, improve the operation of the electricity system and reduce carbon emissions.

Smart meters can monitor and record the amount of electricity used by the householder, as well as when it is used.

This data is communicated directly to the electricity supply company which can establish very clear patterns of energy usage.

It also makes the customer aware of how much energy they are using and allows them to make decisions on when to use electricity. For example, smart meters could be set to automatically shut down electricity to selected electrical items at peak times when power is at its most expensive.

Minister Ryan pointed out yesterday that electric cars could be charged by smart meters at night when electricity was cheap, and used during the day, when electricity was expensive.
Because of the system's ability to read meters every half hour, very accurate billing information and time-of-use pricing will be available to the consumer.

The electricity supplier will also cut costs, by improving electricity planning and system management.

Smart meters also allow two-way flow of electricity in that as well as buying electricity from the grid a householder or micro-generator of electricity, will be able to sell it back to the supplier.
But while he insisted that "Ireland is leading the world" with the introduction of smart meters, Mr Ryan indicated that proposals to allow households to sell electricity into the grid as well as buying from it were not as yet finalised.

This has been introduced already in parts of Scotland where commercial customers who have installed wind turbines may sell electricity back into the grid. Indeed this is supported by the British government which pays the "micro-generators" a Renewables Obligation Certificate (ROC). The ROC is paid per unit of electricity generated.

Various forms of smart meters have been introduced around the world but few offer the opportunity to domestic customers to sell electricity back to the grid.

In Ireland the project is being led by the Commission for Energy Regulation (CER) which is co-ordinating the various departments and companies involved.

The Minister said letters inviting electricity customers to take part would be going out and he urged all customers who receive a request to participate.

"When customers realise how much they can save and the carbon reductions that ensue I believe they will find smart meters one of the smartest devices ever installed in their homes," he said." Irish Times Newspaper

Popular posts from this blog

Ireland's Celtic Tiger Excesses...

'Bang twins' may never get to run a business again... POST-boom Ireland is awash with cautionary tales of Celtic Tiger excesses, as a rattle around the carcasses of fallen property developers and entrepreneurs will show. Few can compete with the so-called Bang twins for youth, glamour and tasteful extravagance. Simon and Christian Stokes, the 35-year-old identical twins behind Bang Cafe and exclusive private members club, Residence, saw their entire business go bust with debts of €9m, €3m of which is owed to the tax man. The debt may be in the ha'penny place compared with the eye-watering billions owed by some of their former customers. But their fall has been arguably steeper and more damning than some of the country's richest tycoons. Last week, further humiliation was heaped on them with revelations that even as their businesses were going under, the twins spent €146,000 of company money in 18 months on designer shopping sprees, five star holidays and sumptu...

Varadkar says it’s ‘not the worst thing’ that Ryanair is buying up homes for staff

25 of the 28 units in a new development at Fostertown Place in Swords were purchased by Ryanair for their cabin crew. TAOISEACH LEO VARADKAR says he does not have any issue with Ryanair or other companies buying up almost entire housing estates for their staff. He said there is a big difference between companies like Ryanair bulk-buying houses and apartments compared to investment funds. “We are building over 30,000 new homes now every year,” he said. “If you think about it, that’s 70,000, 80,000 or 90,000 bedrooms every year so we are finally seeing housing being built on scale,” Varadkar said. “We want to scale that up this year and next year as well because we do have a rising population and family sizes are getting smaller, so we need more housing and we are making progress,” he said. “In relation to Ryanair specifically, I don’t think it is the worst thing that a company would buy accommodation for their staff. It’s not the first time this has happened, it has be...

Irish Property Overvalued By 30%...

Irish property could still be overvalued by 30 percent... Irish house prices increased by around 330 per cent between 1996 to 2007 – a bubble of impressive scale and duration, but a bubble nonetheless. Plenty of outside observers saw the writing on the wall and said so, but they were overlooked in the Celtic Tiger gold rush. The European Central Bank (ECB), the Organisation for Economic Co-operation and Development (OECD), the Financial Times, the Economist and the International Monetary Fund (IMF) all spoke of dire portents early and often. They were ignored. Cheap and easy money arrived in Ireland just as the tiger economy geared up. The country adopted the euro and access to a large pool of low-cost European finance with it. When the bubble burst Ireland's main domestic financial institutions were wiped out and European institutions and the IMF took over the nation's financial affairs. So the question now is has the country reached the end? According to a report i...