A device and method for optical power measurement in an optical network supporting upstream and downstream signal propagation along an optical transmission path. The device includes an upstream wavelength analyzer receiving upstream light extracted from the optical transmission path and configured to determine an upstream spectral characteristic of the extracted upstream light. The device also includes a downstream filter assembly receiving downstream light extracted from the optical transmission path and configured to spectrally split the extracted downstream light into a plurality of downstream signals, one of which corresponding to a downstream signal of interest. The device further includes a processing unit configured to identify, based on the upstream spectral characteristic, the downstream signal of interest among the downstream filtered signals, and a downstream optical power meter assembly coupled to the downstream filter assembly and configured to measure an optical power parameter of the downstream signal of interest.