The adoption of new smart-grid technologies : : incentives, outcomes, and opportunities /

The adoption of new smart-grid technologies : : incentives, outcomes, and opportunities / / Christopher Guo, Craig A. Bond, Anu Narayanan.

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Bibliographic Details
VerfasserIn:
Guo, Christopher,
Bond, Craig A.,
Narayanan, Anu,
TeilnehmendeR:
Bond, Craig A.,
Narayanan, Anu,
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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Table of 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.

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