TAIPEI, Taiwan, Oct 26 (Bernama-BUSINESS WIRE) — A smart meter system consists of a smart electricity meter, a communication system, and a meter information management system. By enabling two-way interactions between end-users and utilities through a cloud-based platform, it is the most important infrastructure component of a modern smart grid system. Supported by the Industrial Development Bureau, Ministry of Economic Affairs, Taiwan’s four leading smart meter manufacturers – Acbel Polytech, Arch Meter, Tatung Company, and DAS Technology – all have a comprehensive set of technical capabilities in system development and have secured international certifications for their products. Their expertise encompasses key components, system integration, and value-added applications.
Southeast Asia has emerged as a major regional market for smart grid solutions in recent years. To realize its smart grid vision, Malaysia is aiming for the total adoption of smart meters by 2026. Achieving this target means that an estimated 9.1 million households across the country will be fitted with a smart meter. With the arrival of the peak period for smart meter installations in Malaysia, Taiwan is offering a unique chance for a wide range of collaborations. Together, Taiwanese and Malaysian companies can develop total smart grid solutions and related services. At the same time, the supply chains of the two countries can synergize and thereby form a trusting partnership within the smart grid sector.