Paying for the smart grid

Resumo

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.

Ficha do documento

Tipo

Outro

Ano

2013

Instituição

Fundação Getulio Vargas

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Não informado

Identificador

oai:repositorio.fgv.br:10438/18601

Temas

InfraestruturaAdministração Pública

Palavras-chave

Smart gridDemand responseDemand response effectReliabilitySocial planner problem in electricity marketsPublic goodsRegulation of utilitiesInvestment decisions by utilitiesAdministração públicaEnergia elétricaPolítica energéticaAgências reguladoras de atividades privadas