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Sales of advanced electricity meters in Brazil may exceed $4 billion (Dh14.68 billion) over the next decade as South America’s largest economy seeks to curb energy theft. The country is expected to issue in December specifications for companies that want to sell wireless meters that can be monitored remotely. It may also require utilities to replace all of Brazil’s 67 million existing power meters with the devices under a programme expected to be announced at the end 2012, Andre Pepitone da Nobrega, director of the country’s electricity regulator Agencia Nacional de Energia Eletrica, said yesterday in a telephone interview. Read More
