Smart Meters and Retail Competition: Trends and Challenges

Jacint Enrich, Ruoyi Li, Alejandro Mizrahi and Mar Reguant

AEA Papers and Proceedings, 2022, vol. 112, 461-65

Abstract: Retail electricity competition has been introduced for over a decade in many markets, but challenges in having an active retail market remain. Universal smart meters have also emerged as a trend. What is the interaction between competition and smart meters? What role can information via smart meters play in these markets? Has it enabled enhanced competition? Or has it further increased the incumbent's advantage? We present an overview and preliminary exploration using an aggregate data set from the Spanish electricity market. The evidence suggests that competition challenges remain large, although some modest evidence of increased pricing innovation exists.

JEL-codes: L13 L94 L98 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1257/pandp.20221061

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