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Smart metering - opportunity or threat to the power industry?

The power industry faces many major challenges in the coming years. The need of an expanded and strengthened power grid is a fact. New energy carriers are to be integrated in the power grid to satisfy international climate goals. The sector discusses smart grid, but what the concept actually is to contain is still out in the open. However, most of the players agree that smart metering is the technology of the future. In the course of the next few years automatic meters will be installed with most of the electricity customers.