Second-generation smart meter roll-out in Italy: a cost–benefit analysis

Carlo Stagnaro ()
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Carlo Stagnaro: Istituto Bruno Leoni

Economia e Politica Industriale: Journal of Industrial and Business Economics, 2025, vol. 52, issue 1, No 8, 220 pages

Abstract: Abstract Between 2001 and 2011, Italy deployed about 36.7 million smart meters. As the older meters approach the end of their 15-year long life, a campaign has been started to replace them with second-generation smart meters. This paper performs a cost–benefit analysis of the roll-out program, considering both the costs and the potential benefits (including a more efficient use of energy, load-shifting, and the reduction of CO2 emissions). Benefits are likely to exceed the costs, but that depends on the actual use of the meter-generated data, the cost of carbon allowances, and the discount rate.

Keywords: Smart meters; Smart grid; Regulation; Competition; Power systems (search for similar items in EconPapers)
JEL-codes: K23 K32 L94 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s40812-024-00324-1

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