Société Monégasque de l'Electricité et du Gaz

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The Monaco Electricity and Gas Company (Société Monégasque de l'Electricité et du Gaz, SMEG) is a Monegasque concessionaire which distributes and supplies electricity and gas for the entire Principality of Monaco, which is over 25 000 customers and commercial entities.^[1] It operates public lighting and maintains the 7,200 light points in the area.^[2]

History[]

In 1863 a company for sea bathing and gaming concessions was founded with a network of gas plants built until 1888. In 1890 a Monegasque electricity company (SME) was created with a concession signed for 50 years in Monaco. In 1936, Société Monégasque du Gaz (SMG) was created, which became a concessionaire for 30 years. In 1976, SME and SMG  merged and SMEG was created.^[3]

In 1990, the SMEG took up residence in a new building, Avenue de Fontvieille, at the same time celebrating the centenary of the collaboration with the Principality.^[4]

Renewable energies[]

Since 2012, SMEG has been providing “green” offers for the general public as well as for professionals and large accounts.^[2] In 2017 Monaco Énergies Renouvelables (MER) was created - a mixed company between the Monegasque Government and SMEG aimed at investing in renewable electricity production assets, such as photovoltaics. The objective of MER is to have 100% green electricity production capacities equivalent to the Monaco’s territory consumption.^[5]

SMEG deploys its electric mobility solutions (charging networks, car sharing) throughout France and Monaco.^[6] The mobility entity of SMEG, Mobee uses Vulog technology to equip its car-sharing fleet of electric vehicles in Monaco.^[7]

References[]

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