New innovations will be created in all potential infrastructure fields, however, not in water management. According to Matti Leppäniemi, CEO of the Econet Group, the development of the water management sector has been left badly behind.
Consider, for example, electricity distribution, motoring or traffic, mobile networks and cloud services. New things are born all the time. But in the water management, we still operate through the old methods
One step forward in water management occurred last year when the regulations obliged to install water meters into new or refurbished dwellings for each apartment. However, they are not nearly always the basis for water billing.
Although new innovations in water management are scarce, something has been developed for the sector. CEO Matti Leppäniemi is excited by the smart new generation of water meters developed in collaboration between Econet and VTT that has been baptized with the name Aquamatrix. New smart water innovation developed by Econet digitally measures water flow, pressure, and temperature. The marketing efforts of the composite meter are targeted at the global market.
Initially, the meter was developed for leak detection. The idea was to develop a network monitoring system that would alert when something unusual happens. The ultrasound can accurately measure the flow in the networks and calculate the locality of the leaks. At the same time, a water meter was also created for real estate and apartment needs. One and the same meter can measure the water flow, its pressure, and temperature.
Insurance companies compensate EUR 140 million a year for such water damage caused by laundry machines or dishwashers. The water network in the metropolitan area leaks 18 million cubic meters of water per year that goes to waste. The amount is enormous, in whatever way you calculate its cost. In addition, leaks are also in the pipelines of real estate. Small leaks cannot be detected anywhere, but in a few years, they give birth to mildew nests in structures and then we are already dealing with serious problems requiring costly solutions.
“If the network leakage were curtailed, it would mean considerable savings for the consumers and municipalities” Leppäniemi assures.
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Further information for the media:
Econet Group is a water and environment technology service company. The Group includes Econet Ltd, Dewaco Ltd and Oy Slamex Ab. Helsinki-based Econet designs and offers solutions for clean water and environment globally. Laitila-based Dewaco, in turn, is specialised in sludge thickening, dewatering and sludge removal. Lahti-based Slamex designs and manufactures equipment for treatment of water and wastewater. The Group’s turnover amounts to about EUR 20 million.