The Monaco Electricity and Gas Company (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]
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]
Since 2012, SMEG has been providing “green” offers for the general public as well as for professionals and large accounts. 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 has charging networks and car-sharing schemes 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]