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The Need for More Flexibility in the Regulation of Smart Grids – Stakeholder Involvement

Christine Brandstätt, Gert Brunekreeft and Nele Friedrichsen

No 13, Bremen Energy Working Papers from Bremen Energy Research

Abstract: Energy and climate policy drive large scale integration of distributed generation and demand side management, with massive consequences for distribution grids. New technologies and actors shape the transformation of electricity networks towards smart systems. We argue that future regulation of smart grids needs to allow more flexibility. Firstly, the core of network monopoly starts to weaken allowing for more third party involvement. Secondly, the increasing number and heterogeneity of stakeholders makes “one-size-fits-all” regulation simply less suitable, whilst regulation needs to take account of various interests. In this paper we discuss stakeholder involvement and make policy recommendations to render regulation of smart systems more flexible.

Keywords: smart grids; regulation; information management; third-party involvement (search for similar items in EconPapers)
JEL-codes: D02 D70 L51 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2013-02
New Economics Papers: this item is included in nep-ene and nep-reg
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Citations: View citations in EconPapers (2)

Published in International Economics and Economic Policy, 11(1), 2014, pp. 261-275

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