Dive Summary:

• Landis+Gyr's Finnish operations will provide 630,000 residential smart meters in Estonia, now that Ericsson Eesti has reached a deal with the electricity distribution company Elektrilevi.
• Landis+Gyr announced that the agreement will begin a transition for all Estonian homes to smart metering and consumption-based invoicing by 2017.
• The 2017 goal is a part of Estonia's current national goal to measure hourly consumption within the next five years.

From the press release:

Landis+Gyr and the Estonian operations of Ericsson, Ericsson Eesti, will provide a residential smart metering solution to the electricity distribution company of Estonia's Eesti Energia, Elektrilevi. All Estonian households will switch to smart metering technology and consumption-based invoicing by 2017. In a further step, Landis+Gyr will help Elektrilevi to significantly enhance the efficiency of its electrical network operations.

Ericsson Eesti and Elektrilevi OU have signed an agreement for the implementation of the smart metering project. As the main partner of Ericsson Eesti, Landis+Gyr is responsible for providing the smart metering infrastructure for the project, including the smart meters, data concentrators and the head-end system (HES).

"This deployment is truly significant and strengthens Landis+Gyr's position as the leading smart metering solutions provider in Europe. For us in Landis+Gyr Finland, it is also an interesting new market penetration into the Baltic region," says Ari Tolonen, CEO of Landis+Gyr Finland. ...