The adoption of new smart-grid technologies : : incentives, outcomes, and opportunities / / Christopher Guo, Craig A. Bond, Anu Narayanan.
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Place / Publishing House: | Santa Monica, California : : RAND Corporation,, 2015. ©2015 |
Year of Publication: | 2015 |
Language: | English |
Physical Description: | 1 online resource (0 p.) |
Notes: | Description based upon print version of record. |
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Guo, Christopher, author. The adoption of new smart-grid technologies : incentives, outcomes, and opportunities / Christopher Guo, Craig A. Bond, Anu Narayanan. Santa Monica, California : RAND Corporation, 2015. ©2015 1 online resource (0 p.) text txt computer c online resource cr Description based upon print version of record. English Includes bibliographical references. Description based on online resource; title from PDF cover (ebrary, viewed February 28, 2015). Title Page -- Copyright -- Preface -- Contents -- Figures -- Summary -- Acknowledgments -- Abbreviations -- CHAPTER ONE: Introduction -- Electricity Infrastructure in the United States -- The Supply of Electricity -- The Demand for Electricity -- Regulation in the Electricity Market -- Key Issues and Challenges with the Current Grid -- Demand Risk -- Differences in Wholesale and Retail Prices -- Integration of Renewable Sources of Energy -- Using Technology to Overcome Problems: The Smart Grid -- Research Questions -- Approach -- Organization of This Report -- CHAPTER TWO: A Review of the Potential Benefits of the Smart Grid -- Potential Benefits to Generators and Suppliers -- Potential Benefits to Distributors and Utilities -- Potential Benefits to Consumers -- Potential Benefits to All Market Participants and Society at Large -- Total Potential Benefits of the Smart Grid -- CHAPTER THREE: Potential for Entrepreneurship with Smart-Grid Technologies: Opportunities and Challenges Leveraging Big Data -- Description of Electricity Big Data -- The Disaggregation Problem -- Hardware Solutions -- Software Solutions -- Issues in Disaggregation -- The Economic Value of Disaggregated Data -- Consumers -- Utilities and Policy -- Benefits Outside of the Electricity Market -- Business Opportunities from Smart-Grid Data -- Energy-Efficiency Ventures -- Data Refinement -- CHAPTER FOUR: The Smart Grid in Practice: Some Empirical Evidence -- Response of Consumers to Alternative Pricing Structures -- Pilot Programs -- Large-Scale Studies -- Negative Consumer Experiences and Concerns -- Selected Issues and Experiences with the Smart Grid: Brief Case Studies -- SmartGridCity: Boulder, Colorado -- Massachusetts Electric Grid Modernization Process -- Summary of Empirical Evidence -- CHAPTER FIVE: Explaining the Evidence: Barriers to Smart-Grid Technology Adoption. Regulatory Incentives on the Supply Side -- Lack of Technology Standards -- Perceived Costs to Consumers -- Real-Time and Time-of-Use Pricing and Transaction Costs -- Privacy and Health Risks -- Big-Data Technological and Personnel Barriers -- Costs of Interstate Transmission Infrastructure -- Costs of Distributed Generation -- Total Potential Costs of the Smart Grid -- CHAPTER SIX: Using Public Policy to Encourage Smart-Grid Technology Adoption -- Policy Levers to Incentivize Smart-Grid Investment -- Mandate Smart-Grid Investments -- Commit to Inclusion of Smart-Grid Investments in Rate Base -- Increase the Allowable Rate of Return on Capital -- Change the Distribution of Investment Expenditure and Cost Savings Pass-Through to Consumers -- Decouple Revenue from Sales -- Change Procedures for Rate Cases -- Broad Principles for Smart-Grid Regulation -- Shift Regulatory Focus from Costs of Investment to Net Benefits of Investment -- Adapt Pricing Structures to New Technologies -- Develop Efficient Pricing Policies for Distributed Generation -- Create and Enforce Smart-Grid Standards -- Recognize Differences in Local Electric Systems -- Manage Consumer Expectations -- Require Transparency in Data Collection and Usage -- Move to a Forward-Looking Test Case -- CHAPTER SEVEN: Conclusion -- Bibliography. Electricity. Energy policy. Smart power grids. Bond, Craig A., author. Narayanan, Anu, author. |
language |
English |
format |
eBook |
author |
Guo, Christopher, Bond, Craig A., Narayanan, Anu, |
spellingShingle |
Guo, Christopher, Bond, Craig A., Narayanan, Anu, The adoption of new smart-grid technologies : incentives, outcomes, and opportunities / Title Page -- Copyright -- Preface -- Contents -- Figures -- Summary -- Acknowledgments -- Abbreviations -- CHAPTER ONE: Introduction -- Electricity Infrastructure in the United States -- The Supply of Electricity -- The Demand for Electricity -- Regulation in the Electricity Market -- Key Issues and Challenges with the Current Grid -- Demand Risk -- Differences in Wholesale and Retail Prices -- Integration of Renewable Sources of Energy -- Using Technology to Overcome Problems: The Smart Grid -- Research Questions -- Approach -- Organization of This Report -- CHAPTER TWO: A Review of the Potential Benefits of the Smart Grid -- Potential Benefits to Generators and Suppliers -- Potential Benefits to Distributors and Utilities -- Potential Benefits to Consumers -- Potential Benefits to All Market Participants and Society at Large -- Total Potential Benefits of the Smart Grid -- CHAPTER THREE: Potential for Entrepreneurship with Smart-Grid Technologies: Opportunities and Challenges Leveraging Big Data -- Description of Electricity Big Data -- The Disaggregation Problem -- Hardware Solutions -- Software Solutions -- Issues in Disaggregation -- The Economic Value of Disaggregated Data -- Consumers -- Utilities and Policy -- Benefits Outside of the Electricity Market -- Business Opportunities from Smart-Grid Data -- Energy-Efficiency Ventures -- Data Refinement -- CHAPTER FOUR: The Smart Grid in Practice: Some Empirical Evidence -- Response of Consumers to Alternative Pricing Structures -- Pilot Programs -- Large-Scale Studies -- Negative Consumer Experiences and Concerns -- Selected Issues and Experiences with the Smart Grid: Brief Case Studies -- SmartGridCity: Boulder, Colorado -- Massachusetts Electric Grid Modernization Process -- Summary of Empirical Evidence -- CHAPTER FIVE: Explaining the Evidence: Barriers to Smart-Grid Technology Adoption. Regulatory Incentives on the Supply Side -- Lack of Technology Standards -- Perceived Costs to Consumers -- Real-Time and Time-of-Use Pricing and Transaction Costs -- Privacy and Health Risks -- Big-Data Technological and Personnel Barriers -- Costs of Interstate Transmission Infrastructure -- Costs of Distributed Generation -- Total Potential Costs of the Smart Grid -- CHAPTER SIX: Using Public Policy to Encourage Smart-Grid Technology Adoption -- Policy Levers to Incentivize Smart-Grid Investment -- Mandate Smart-Grid Investments -- Commit to Inclusion of Smart-Grid Investments in Rate Base -- Increase the Allowable Rate of Return on Capital -- Change the Distribution of Investment Expenditure and Cost Savings Pass-Through to Consumers -- Decouple Revenue from Sales -- Change Procedures for Rate Cases -- Broad Principles for Smart-Grid Regulation -- Shift Regulatory Focus from Costs of Investment to Net Benefits of Investment -- Adapt Pricing Structures to New Technologies -- Develop Efficient Pricing Policies for Distributed Generation -- Create and Enforce Smart-Grid Standards -- Recognize Differences in Local Electric Systems -- Manage Consumer Expectations -- Require Transparency in Data Collection and Usage -- Move to a Forward-Looking Test Case -- CHAPTER SEVEN: Conclusion -- Bibliography. |
author_facet |
Guo, Christopher, Bond, Craig A., Narayanan, Anu, Bond, Craig A., Narayanan, Anu, |
author_variant |
c g cg c a b ca cab a n an |
author_role |
VerfasserIn VerfasserIn VerfasserIn |
author2 |
Bond, Craig A., Narayanan, Anu, |
author2_role |
TeilnehmendeR TeilnehmendeR |
author_sort |
Guo, Christopher, |
title |
The adoption of new smart-grid technologies : incentives, outcomes, and opportunities / |
title_sub |
incentives, outcomes, and opportunities / |
title_full |
The adoption of new smart-grid technologies : incentives, outcomes, and opportunities / Christopher Guo, Craig A. Bond, Anu Narayanan. |
title_fullStr |
The adoption of new smart-grid technologies : incentives, outcomes, and opportunities / Christopher Guo, Craig A. Bond, Anu Narayanan. |
title_full_unstemmed |
The adoption of new smart-grid technologies : incentives, outcomes, and opportunities / Christopher Guo, Craig A. Bond, Anu Narayanan. |
title_auth |
The adoption of new smart-grid technologies : incentives, outcomes, and opportunities / |
title_new |
The adoption of new smart-grid technologies : |
title_sort |
the adoption of new smart-grid technologies : incentives, outcomes, and opportunities / |
publisher |
RAND Corporation, |
publishDate |
2015 |
physical |
1 online resource (0 p.) |
contents |
Title Page -- Copyright -- Preface -- Contents -- Figures -- Summary -- Acknowledgments -- Abbreviations -- CHAPTER ONE: Introduction -- Electricity Infrastructure in the United States -- The Supply of Electricity -- The Demand for Electricity -- Regulation in the Electricity Market -- Key Issues and Challenges with the Current Grid -- Demand Risk -- Differences in Wholesale and Retail Prices -- Integration of Renewable Sources of Energy -- Using Technology to Overcome Problems: The Smart Grid -- Research Questions -- Approach -- Organization of This Report -- CHAPTER TWO: A Review of the Potential Benefits of the Smart Grid -- Potential Benefits to Generators and Suppliers -- Potential Benefits to Distributors and Utilities -- Potential Benefits to Consumers -- Potential Benefits to All Market Participants and Society at Large -- Total Potential Benefits of the Smart Grid -- CHAPTER THREE: Potential for Entrepreneurship with Smart-Grid Technologies: Opportunities and Challenges Leveraging Big Data -- Description of Electricity Big Data -- The Disaggregation Problem -- Hardware Solutions -- Software Solutions -- Issues in Disaggregation -- The Economic Value of Disaggregated Data -- Consumers -- Utilities and Policy -- Benefits Outside of the Electricity Market -- Business Opportunities from Smart-Grid Data -- Energy-Efficiency Ventures -- Data Refinement -- CHAPTER FOUR: The Smart Grid in Practice: Some Empirical Evidence -- Response of Consumers to Alternative Pricing Structures -- Pilot Programs -- Large-Scale Studies -- Negative Consumer Experiences and Concerns -- Selected Issues and Experiences with the Smart Grid: Brief Case Studies -- SmartGridCity: Boulder, Colorado -- Massachusetts Electric Grid Modernization Process -- Summary of Empirical Evidence -- CHAPTER FIVE: Explaining the Evidence: Barriers to Smart-Grid Technology Adoption. Regulatory Incentives on the Supply Side -- Lack of Technology Standards -- Perceived Costs to Consumers -- Real-Time and Time-of-Use Pricing and Transaction Costs -- Privacy and Health Risks -- Big-Data Technological and Personnel Barriers -- Costs of Interstate Transmission Infrastructure -- Costs of Distributed Generation -- Total Potential Costs of the Smart Grid -- CHAPTER SIX: Using Public Policy to Encourage Smart-Grid Technology Adoption -- Policy Levers to Incentivize Smart-Grid Investment -- Mandate Smart-Grid Investments -- Commit to Inclusion of Smart-Grid Investments in Rate Base -- Increase the Allowable Rate of Return on Capital -- Change the Distribution of Investment Expenditure and Cost Savings Pass-Through to Consumers -- Decouple Revenue from Sales -- Change Procedures for Rate Cases -- Broad Principles for Smart-Grid Regulation -- Shift Regulatory Focus from Costs of Investment to Net Benefits of Investment -- Adapt Pricing Structures to New Technologies -- Develop Efficient Pricing Policies for Distributed Generation -- Create and Enforce Smart-Grid Standards -- Recognize Differences in Local Electric Systems -- Manage Consumer Expectations -- Require Transparency in Data Collection and Usage -- Move to a Forward-Looking Test Case -- CHAPTER SEVEN: Conclusion -- Bibliography. |
isbn |
0-8330-8837-8 |
callnumber-first |
Q - Science |
callnumber-subject |
QC - Physics |
callnumber-label |
QC523 |
callnumber-sort |
QC 3523 G86 42015 |
illustrated |
Illustrated |
dewey-hundreds |
500 - Science |
dewey-tens |
530 - Physics |
dewey-ones |
537 - Electricity & electronics |
dewey-full |
537 |
dewey-sort |
3537 |
dewey-raw |
537 |
dewey-search |
537 |
oclc_num |
904209231 905866030 |
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