Abstract :
In order to achieve maximum return on the often quoted £7#x2013;10 billion investment in smart metering, it is essential that the requirements of the whole energy system, and the main actors within it, are fully considered and optimised for both the medium and long term. The Market and Operational models that will underpin a national electricity and gas smart meter deployment need to be designed so that they are fit for purpose, flexible and future proofed. They need to take into account current and proposed Government legislation, commercial and regulatory drivers on Retailers, Network Operators and Primary Producers and the drive by Customers for improved service and enhanced product offerings.