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Smart grid governance: An international review of evolving policy issues and innovations

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  • Marilyn A. Brown
  • Shan Zhou
  • Majid Ahmadi

Abstract

The electric power systems of many industrialized nations are challenged by the need to accommodate distributed renewable generation, increasing demands of a digital society, growing threats to infrastructure security, and concerns over global climate disruption. The “smart grid”—with a two‐way flow of electricity and information between utilities and consumers—can help address these challenges, but various financial, regulatory, and technical obstacles hinder its rapid deployment. An overview of experiences with smart grids policies in pioneering countries shows that many governments have designed interventions to overcome these barriers and to facilitate grid modernization. Smart grid policies include a new generation of regulations and finance models such as regulatory targets, requirements for data security and privacy, renewable energy credits, and various interconnection tariffs and utility subsidies. This article is categorized under: Energy Infrastructure > Economics and Policy Energy Policy and Planning > Economics and Policy Energy Infrastructure > Climate and Environment

Suggested Citation

  • Marilyn A. Brown & Shan Zhou & Majid Ahmadi, 2018. "Smart grid governance: An international review of evolving policy issues and innovations," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 7(5), September.
  • Handle: RePEc:bla:wireae:v:7:y:2018:i:5:n:e290
    DOI: 10.1002/wene.290
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    References listed on IDEAS

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    2. Ogundiran Soumonni & Kalu Ojah, 2022. "Innovative and mission‐oriented financing of renewable energy in Sub‐Saharan Africa: A review and conceptual framework," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 11(1), January.
    3. Fabienne T. Schiavo & Rodrigo F. Calili & Claudio F. de Magalhães & Isabel C. G. Fróes, 2021. "The Meaning of Electric Cars in the Context of Sustainable Transition in Brazil," Sustainability, MDPI, vol. 13(19), pages 1-24, October.
    4. Sovacool, Benjamin K. & Kester, Johannes & Noel, Lance & Zarazua de Rubens, Gerardo, 2020. "Actors, business models, and innovation activity systems for vehicle-to-grid (V2G) technology: A comprehensive review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 131(C).
    5. David Popp & Francesco Vona & Myriam Grégoire-Zawilski & Giovanni Marin, 2022. "The Next Wave of Energy Innovation: Which Technologies? Which Skills?," CESifo Working Paper Series 9878, CESifo.
    6. Erdal Irmak & Ersan Kabalci & Yasin Kabalci, 2023. "Digital Transformation of Microgrids: A Review of Design, Operation, Optimization, and Cybersecurity," Energies, MDPI, vol. 16(12), pages 1-58, June.
    7. Shigeru Kimura & Venkatachalam Anbumozhi & Han Phoumin & Alloysius Joko Purwanto & Keisuke Ueda, 2022. "Energy Infrastructure Development," Chapters, in: Fukunari Kimura & Keita Oikawa (ed.), The Comprehensive Asia Development Plan (CADP) 3.0: Towards an Integrated, Innovative, Inclusive, and Sustainable Economy, chapter 15, pages 459-519, Economic Research Institute for ASEAN and East Asia (ERIA).
    8. Tara S. Amirkhizi & Ida G. Jensen, 2020. "Cost comparison and optimization of gas electric hybrid heat pumps," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 9(3), May.
    9. Wadim Strielkowski & Dalia Streimikiene & Alena Fomina & Elena Semenova, 2019. "Internet of Energy (IoE) and High-Renewables Electricity System Market Design," Energies, MDPI, vol. 12(24), pages 1-17, December.
    10. Englberger, Stefan & Abo Gamra, Kareem & Tepe, Benedikt & Schreiber, Michael & Jossen, Andreas & Hesse, Holger, 2021. "Electric vehicle multi-use: Optimizing multiple value streams using mobile storage systems in a vehicle-to-grid context," Applied Energy, Elsevier, vol. 304(C).
    11. Norouzi, Farshid & Hoppe, Thomas & Elizondo, Laura Ramirez & Bauer, Pavol, 2022. "A review of socio-technical barriers to Smart Microgrid development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
    12. Arman Goudarzi & Farzad Ghayoor & Muhammad Waseem & Shah Fahad & Issa Traore, 2022. "A Survey on IoT-Enabled Smart Grids: Emerging, Applications, Challenges, and Outlook," Energies, MDPI, vol. 15(19), pages 1-32, September.
    13. Pereira, Diogo Santos & Marques, António Cardoso, 2023. "Are dynamic tariffs effective in reducing energy poverty? Empirical evidence from US households," Energy, Elsevier, vol. 282(C).

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