Journal article
Paying for the smart grid
Energy economics, Vol.40(Supp.1), pp.S74-S84
12/01/2013
DOI: 10.1016/j.eneco.2013.09.016
Abstract
Smart grid technologies may bring substantial advantages to society, but the required investments are sizable. This paper analyzes three main issues related to smart grids: reliability, demand response and cost recovery of investments. In particular, we show that generators will lose profits as a direct effect of demand response initiatives, and most of the benefits of smart grids cannot be easily converted into payments. Moreover, there are potential issues in the choices made by utilities for providing smart grids, and the reliability pertinent to smart grids is a kind of public good. (C) 2013 Elsevier B.V. All rights reserved.
Details
- Title: Subtitle
- Paying for the smart grid
- Creators
- Luciano De Castro - Northwestern UniversityJoisa Dutra - Fundação Getulio Vargas
- Resource Type
- Journal article
- Publication Details
- Energy economics, Vol.40(Supp.1), pp.S74-S84
- Publisher
- Elsevier
- DOI
- 10.1016/j.eneco.2013.09.016
- ISSN
- 0140-9883
- eISSN
- 1873-6181
- Number of pages
- 11
- Language
- English
- Date published
- 12/01/2013
- Academic Unit
- Economics
- Record Identifier
- 9984380386302771
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