LIVINGSTON-based gas metering specialist Energy Assets has signed a deal with metering products group Elster to develop encoder technology for the UK industrial and corporate gas market.
Absolute encoder technology uses the transfer of light to determine the position of a meter index and to deliver a reading, allowing remote data collection with the same accuracy as a visual manual reading.
Energy Assets said the technology is widely used across the United States and parts of mainland Europe but hitherto has not been widely introduced in the UK gas sector.
Phil Bellamy-Lee, ehief executive of Energy Assets said: "Elster and Energy Assets have worked closely together for many years and both businesses recognise the merit of two market leaders joining forces to develop next generation products for the future benefit of the UK I&C market.
"We are delighted that Elster, a giant in our sector, has chosen Energy Assets as their strategic partner and we are confident that the partnership will continue to evolve as both seek further innovation within our respective areas of expertise."
The two companies are working on a project to develop a variant on Elster's standard absolute encoder technology that can connect with Energy Assets' Safir data logger.
This development work will be covered by a 12-month exclusivity agreement between the two companies.
The new encoder interface is due for release to general production later in 2013.
They are also working on a new meter technology that will support a range of transfer methods to be launched later this year.
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