New Legislation Boosts Aidon's Energy Meters
Aidon is specialized in energy consumption meters and has developed an Automatic Meter Reading (AMR) system for energy and service companies. Aidon's AMR system is based on open architechture and consist of an electricity energy meter with a data communication bus and the associated system module.
The key competence for Aidon's concept is their straightforward data transfer technology. Besides the modular meter, communication between the remote reading system and meter points requires no other equipment.
Aidon was established in 2004 and has grown very rapidly, reaching even EUR 20 million turnover in 2008 and operations covering Norway, Sweden and Finland. The key market drivers include the demand for energy efficiency but also the new EU regulation, which requires that utilities install smart meters for all homes and residences in EU by 2023. Smart meters helps both utilities and consumers to use energy more efficiently. For home-owners, it provides with time-based energy usage information as opposed to the monthly bill and gives then a boost to change habits and energy consumption.
