Meter data helping Japanese utility increase operational efficiencies as it moves toward goal of 10 million residential and commercial properties by 2023
"Chubu Electric Power Grid Co., Inc. (President & Director, Yaoji Ichikawa) has rolled out seven million smart meters with Oracle Meter Data Management (MDM). This milestone is part of the utility's larger initiative to achieve 10 million connected residential and commercial properties by 2023.
In 2014, Japan's Ministry of Economy, Trade and Industry (METI) mandated the liberation of the electricity market to provide a stable supply of energy, curb energy charges and create an open retail market that provides choice for customers. Following METI's decision, Chubu Electric Power Grid Co. decided to implement a smart meter system and plans to roll it out to all customers by 2023..."
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