IDEAS home Printed from https://ideas.repec.org/a/oup/indcch/v28y2019i5p1343-1363..html
   My bibliography  Save this article

Impacts of diffusion policy: determinants of early smart meter diffusion in the US electric power industry

Author

Listed:
  • Derek Ryan Strong

Abstract

Diffusion policies aid the adoption of technologies by targeting various channels of influence in an innovation system, including costs, learning, and standards. Little empirical research exists on their impacts, however, largely because of a lack of data. Using a panel dataset and econometric models, I analyze the determinants of the early diffusion of smart electricity meters in the US electric power industry, where public policy and regulation have supported the adoption of smart meters by electric utilities. The empirical findings suggest multiple drivers of smart meter diffusion. Policy and regulatory support have had a significant, positive impact on adoption, but the findings also suggest that utility characteristics and some combination of learning, cost reductions, and technology standards have been important determinants affecting smart meter diffusion. The timing, sequence, and context of diffusion policies are important to consider.

Suggested Citation

  • Derek Ryan Strong, 2019. "Impacts of diffusion policy: determinants of early smart meter diffusion in the US electric power industry," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 28(5), pages 1343-1363.
    • Handle: RePEc:oup:indcch:v:28:y:2019:i:5:p:1343-1363.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/icc/dtz011
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:indcch:v:28:y:2019:i:5:p:1343-1363.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/icc .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.