The global energy industry is undergoing significant changes. While energy demand is expected to continue to grow, there is increasing concern regarding the impact on the environment of carbon emissions from fossil fuel based energy production. These concerns have acted as catalysts for government and industry action, resulting in increased prioritisation of renewable sources of energy production. The changes are largely underpinned by three core trends: digitalisation, decentralisation and decarbonisation. Smart meters are believed to be a key enabler of progress in this new decentralised and digital energy landscape in Britain, and a key element of the investment required to move towards decarbonisation.