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Germany will likely ignore a European Union proposal that 80% of homes install smart meters by 2020, as country officials believe the rollout would prove too expensive for electricity customers.

According to a Bloomberg report, Germany's Economy Ministry said a study it had conducted revealed that the EU guidance was "inadvisable."

“The results show that we in Germany have to expand smart measuring systems and meters selectively and in line with [a continuing shift from nuclear power to renewable energy],” said Deputy Economy Minister Stefan Kapferer.

To read the full Bloomberg report, click here.




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