Why make mechanical display device in an otherwise digital meter ? In case of power outage the readout data can be saved with some NVRAM or battery backup RAM so this must not be a problem
The problem is, the only NVRAM technologies are based on a floating gate charge and these have limited write cycle life (the tunneling oxide degrades as it is stressed by the erase/write cycles).
The system needs regular data saving, because the RAM register content is prone to data damage by disturbances, power brownouts and so on.
There are many wear leveling techniques, but these are able to boost the 100k native endurance to some 2M or so. If the meter shall work 10 years, it means the data should be stored in a rate less than 2M/year. That means barely 10 seconds per single write - quite long time, even when using quite modern EEPROM. Only the last few years the CMOS technologies allowed to reliably build thin enough oxides, so the native EEPROM endurance become in the 1Meg range, together with the a bit higher EEPROM density allowing wear leveling gains in the order of 100 or so, allowed the manageable 1second write intervals, yet with longer than 10 years life requirement.
Using a battery backup RAM has the battery as the weak spot: There are batteries, that are able to work for 10years, but at room temperatures. The problem is, the meters very frequently work in rather hot environments, where the battery will degrade way sooner. Or the meters are exposed to freeze, when the battery does not work either. This makes the battery really not usable.
So to solve the problems with the induction meters (power consumption, accuracy, tampering resistance against magnets,...), the mechanical register just solves the issues (mechanics allows only increments so playing with magnets means you only add up, the high accuracy and low consumption comes from the electronic front end, the registered value could be read out independently on the presence of the power, there is no data retention problem,...) of the induction systems.
The bidirectional communication ability of the smart meters makes the requirements for the EEPROM way easier, as the data is backed up remotely, so even when the EEPROM fails, the daata could be recovered into a new unit.
Some point in the far past (i think before you joined LG WattMaster) we had a discussion here about startup energy consumption of a Fluorescent lamp. Back then i showed that in the time of starting the lamp takes actually less power than when working normally for the same time length
Exactly. So when in numbers:
The preheat takes about two seconds, the consumption is about 1/3 to normal, so the starting energy loss (it consumes power and does no work, so it is loss) is equivalent to about 0.6 second of a runtime power. Keeping the lamp ON for 10 seconds when not in use means loss (no use => loss) equivalent to 10 second, so already 10x more energy loss than when switching it OFF even for 10 seconds when not in use...
Obviously there is the starting wear and comfort loss related to such frequent switching, but this was just exclusively about the energy use.