Diffusion and Drivers of Smart Meters: The Case of Central and Eastern Europe

Petr Spodniak, Ari Jantunen and Satu Viljainen ()
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Ari Jantunen: Department of Business Economics and Law, LUT School of Business, P. O. Box 20, Lappeenranta FI-53851, Finland
Satu Viljainen: Laboratory of Electricity Market and Power Systems, LUT Energy, P. O. Box 20, Lappeenranta FI-53851, Finland

International Journal of Innovation and Technology Management (IJITM), 2014, vol. 11, issue 03, 1-16

Abstract: This paper maps the diffusion dynamics of smart meters in the Central and Eastern Europe (EU10) and develops methodology which assesses the potential drivers of diffusion by the means of thematic analysis. Innovation diffusion theory and the concept of rate of adoption enabled to measure the speed of smart meter diffusion throughout the time in individual countries and the whole region, which is subsequently benchmarked against the market leaders. Results indicate that large-scale rollouts of smart meters are preceded by pilot projects, cost–benefit analysis, regulations, and initiatives. Furthermore, the role of state decreases with gradual development of the market.

Keywords: Diffusion; smart meter; innovation; adoption; benchmark (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (3)

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DOI: 10.1142/S0219877014500175

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