Smart meter: A key component for industry 4.0 in power sector

Abstract

In recent trends, innovations in energy measurement and management are widely increasing in order to have an efficient, reliable operation and management of utility system. The growing demand for power in this era of energy crisis has forced the installation of more energy meters, and to find new ways for measurement of meter reading and also to monitor the efficient usage of energy. This chapter discusses the drawbacks of existing metering infrastructures and elucidates the need for an advanced metering system to meet the requirements of Industry 4.0 in power sector. The roles of various components involved in a typical smart meter are discussed in detail. This chapter also presents the design and implementation of a typical smart meter.