The Impact of Regulation on a Firm's Incentives to Invest in Emergent Smart Grid Technologies

被引:7
|
作者
Costa, Paulo Moises [1 ,2 ,3 ]
Bento, Nuno [4 ,5 ]
Marques, Vitor [6 ]
机构
[1] Inst Politecn Viseu, Escola Super Tecnol Gestao, Campus Politecn Repeses, P-3500 Viseu, Portugal
[2] Inst Politecn Viseu, Ctr Studies Educ Technol & Hlth CI & DETS, Campus Politecn Repeses, P-3500 Viseu, Portugal
[3] INESC TEC INESC Technol & Sci, Rua Dr Roberto Frias, Oporto, Portugal
[4] Harvard Univ, Kennedy Sch Govt, Sustainabil Sci Program, Mailbox 117,79 JFK St, Cambridge, MA 02138 USA
[5] Inst Univ Lisboa ISCTE IUL, DINAMIA CET IUL, Av Forcas Armadas, P-1649026 Lisbon, Portugal
[6] ERSE, Rua Dom Cristovao da Gama 1, P-1400113 Lisbon, Portugal
来源
ENERGY JOURNAL | 2017年 / 38卷 / 02期
关键词
Incentive regulation; Infrastructure; Investment; Smart grids; DEMAND-SIDE MANAGEMENT; INTERNATIONAL BENCHMARKING; ECONOMIC-ANALYSIS; ELECTRICITY; INFRASTRUCTURE; COMPETITION; RISK; STANDARDIZATION; LIBERALIZATION; TRANSMISSION;
D O I
10.5547/01956574.38.2.pcos
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyzes the implementation of new technologies in network industries through the development of a suitable regulatory scheme. The analysis focuses on Smart Grid (SG) technologies which, among others benefits, could save operational costs and reduce the need for further conventional investments in the grid. In spite of the benefits that may result from their implementation, the adoption of SGs by network operators can be hampered by the uncertainties surrounding actual performances. A decision model has been developed to assess the firms' incentives to invest in "smart" technologies under different regulatory schemes. The model also enables testing the impact of uncertainties on the reduction of operational costs, and of conventional investments. Under certain circumstances, it may be justified to support the development and early deployment of emerging innovations that have a high potential to ameliorate the efficiency of the electricity system, but whose adoption faces many uncertainties.
引用
收藏
页码:149 / 174
页数:26
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