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The European Union smart meter rollout calamity continues…

Europe’s collective smart meter rollout has come under further fire as the University of Twente published a report this week that found the devices to be as much as 583% inaccurate. European Union members agreed smart meters would be installed across Europe’s 220 million households by 2020 – a policy decision which now looks shaky. If there is now an apparently reputable study that calls into question the accuracy of these meters, there will be even less enthusiasm from the utilities to speed up their deployment schedules to meet those EU targets. In this environment, full installation by 2020 is looking less and less likely, with utilities moving painfully slowly, and consumers not being swayed by the perceived benefits. The…

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