Germany’s potential rejection of smart meters could pose a threat to $44 billion of smart grid investment, according to a new report from Frost & Sullivan.
The report says Germany, usually at the forefront of energy technology adoption in Europe, has long held reservations over smart metering. Privacy issues have always been a concern among a small, but vocal, minority who are not comfortable with the idea of energy utilities having access to when and how consumers use electricity. However, the assumption in the industry was that Germany would eventually fall in line and accept that smart meters must be deployed. This may not happen, though.
Source:
http://smartgrid.testing-blog.com/2013/09/21/nein-smart-grid-industry-could-miss-out-on-billions-in-investments/#more-34461
