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Smart metering is a subject that attracts much more attention. Smart metering is obtaining many benefits in a lot of aspects. Many smart metering projects are going on many countries, such as UK, Italy, the USA and other countries. Some planning studies list in this paper show that smart metering is technically feasible. Many benefits are available, especially on improving the energy efficiency. The future smart metering system will rely on policies and governmental fiscal stimuli. However cyber security requirement will be an issue. Smart metering deserves a big attention.