The Danish utility company Nord Energy with 91.000 MP has chosen Kamstrup as supplier of 62.000 electricity smart meters. The deal means, that all households in the supply area will be connected to the Smart Grid before the end of 2015.

Today the fossil fuels stands for 50 percent of all electricity consumption in Denmark. In the next years the plan by The Danish Government is more and more to replace fossil fuels with renewable energy, especially wind energy. That will lead to more differentiated tariff and give the customers an incentive to follow their consumption closely.

Just a few weeks before the turn of the year the Danish Energy Agency finally announced that all electricity meters must be remotely read by the end of 2020. With the investment Nord Energy will have a supply, that is future-proof and ready for the green energy transformation in Denmark.

'Our investment gives us significant operational savings in the years to come and will also give our customers a long number of advantages', CEO at Nord Energy Peder Kjeldgaard said.

Nord Energy already bought approximately 30.000 electricity smart meters from Kamstrup, which almost installed in the households. Kamstrup starts to deliver the new order in April 2014 and the carry out of the Smart Grid system OMNIA are expected to be done in a period of one and a half year, finish before the end of 2015. The agreement means, that Kamstup will be a total supplier on the project, including running the installation and deliver data to secure the most optimized supply to the customers.

'We're looking forward to carry out smart meters in the Northern part of Denmark and to cooperate with Nord Energy on this project. When we finish the project, the electricity supply and the operation in Nord Energy will be the highest possible standard and support the goals in the Danish Government's Smart Gridplan', CEO at Kamstrup Per Asmussen said.

For further information, please contact: Per Asmussen, CEO, Kamstrup: +0045 8993 1000

For further details about Kamstrup's OMNIA Smart Grid suite, please visit: www.kamstrupomnia.com

About Kamstrup

Kamstrup serves energy companies and utilities with innovative metering solutions for electricity, heat, cooling, water and natural gas. Our solutions include Smart Grid applications, Smart Metering systems, and consumption meters. Energy and water meters from Kamstrup are installed in homes worldwide securing fair billing and an efficient use of energy. Kamstrup was founded in 1946 and is a 100 % Danish company with representations in more than 60 countries. www.kamstrup.com / www.kamstrupomnia.com

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