Dive Summary:

• Putting smart meters in 80% of homes per EU's recommendation would be too costly for customers, Germany’s Economy Minister said in a statement this week.
• After commissioning an Ernst & Young study on the feasibility of smart meters, Germany called the EU proposal “inadvisable.”
• For customers with low power consumption, the installation cost would be greater than the achievable energy savings, the study found. Germany, which has 48 million traditional meters, represents the latest setback for smart meter proponents hoping for a stronger mass-market roll-out.

From the article:

“Germany, which seeks to more than triple the share of renewables to 80 percent of consumption by 2050, has yet to adopt a firm policy on the devices”